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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | A$0.02 | semi annually | 2024-10-03 |
2024-03-18 | A$0.01 | semi annually | 2024-04-03 |
2023-09-14 | A$0.02 | semi annually | 2023-09-29 |
2023-03-16 | A$0.01 | semi annually | 2023-03-29 |
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
Adrad Dividend FAQ
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.
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