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Adrad Holdings Limited engages in the design and manufacture of heat transfer solutions for industrial applications in Australia and New Zealand. It offers heat exchangers for mobile and stationery applications; and radiators and other heat exchange products for the automotive and industrial aftermarket. The company also imports and distributes automotive products for the aftermarket. It serves the automotive, transport, mining, construction, agriculture, and energy industries. The company was founded in 1985 and is based in Beverley, Australia.

Adrad Dividend Announcement

Adrad announced a semi annually dividend of A$0.02 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-18
Adrad annual dividend for 2024 was A$0.03
Adrad annual dividend for 2023 was A$0.02
Adrad's trailing twelve-month (TTM) dividend yield is 4.11%
Adrad's payout ratio for the trailing twelve months (TTM) is 40.21%

Adrad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-18A$0.02semi annually2024-10-03
2024-03-18A$0.01semi annually2024-04-03
2023-09-14A$0.02semi annually2023-09-29
2023-03-16A$0.01semi annually2023-03-29

Adrad Dividend per year

Adrad Dividend Yield

Adrad current trailing twelve-month (TTM) dividend yield is 4.11%. Interested in purchasing Adrad stock? Use our calculator to estimate your expected dividend yield:

Adrad Financial Ratios

P/E ratio9.60
PEG ratio0.38
P/B ratio0.47
ROE4.98%
Payout ratio40.21%
Current ratio3.49
Quick ratio1.61
Cash Ratio0.66

Adrad Dividend FAQ

Does Adrad stock pay dividends?
Adrad does not currently pay dividends to its shareholders.
Has Adrad ever paid a dividend?
No, Adrad has no a history of paying dividends to its shareholders. Adrad is not known for its dividend payments.
Why doesn't Adrad pay dividends?
There are several potential reasons why Adrad would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Adrad ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Adrad has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Adrad a dividend aristocrat?
Adrad is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Adrad a dividend king?
Adrad is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Adrad a dividend stock?
No, Adrad is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Adrad stocks?
To buy Adrad you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Adrad stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.