Alarko Holding A.S., together with its subsidiaries, engages in the contracting, construction, land development, industry, trade, tourism, and energy businesses in Turkey and internationally. It designs, develops, and builds projects, such as airports, rail systems, roads, infrastructure systems, power plants, industrial facilities, business centers, hotels, hospitals, etc. The company also engages in the power generation, and electricity distribution and retail sale. In addition, it manufactures air handling units and roof top units under the CARRIER brand; condensing combi-boilers and wall-type/floor-mounted condensing boilers under the Alarko brand, as well as auxiliary equipment, such as boilers, expansion tanks, unit heaters, and plate exchangers; and submersible pumps and motors, circulation pumps, and booster pumps under the Alarko brand. Further, it operates hotels, sports centers, spa centers, and movie theaters; publishes Hillsider magazine; constructs, manages, and operates commercial and residential buildings; and designs and offers satellite towns. Additionally, the company markets industrial products and after sales services; and tools related to real estates. It also engages in supply of water and cleaning of lake projects; and subway construction, copper facility, and highway construction projects, as well as construction, montage, and installation works. Alarko Holding A.S. was founded in 1954 and is headquartered in Istanbul, Turkey.
Alarko Dividend Announcement
• Alarko announced a quarterly dividend of ₺0.97 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-30
• Alarko annual dividend for 2024 was ₺0.97
• Alarko annual dividend for 2023 was ₺1.28
• Alarko's trailing twelve-month (TTM) dividend yield is 0.96%
• Alarko's payout ratio for the trailing twelve months (TTM) is -39.88%
• Alarko's dividend growth over the last five years (2018-2023) was 36.60% year
• Alarko's dividend growth over the last ten years (2013-2023) was 37.29% year
Alarko Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ₺0.97 | quarterly | 2024-06-03 |
2023-11-15 | ₺0.23 | quarterly | 2023-11-17 |
2023-08-25 | ₺0.35 | quarterly | 2023-08-29 |
2023-06-01 | ₺0.70 | quarterly | 2023-06-05 |
2022-05-06 | ₺0.23 | quarterly | 2022-05-10 |
2021-05-11 | ₺0.14 | quarterly | 2021-05-18 |
2020-10-23 | ₺0.08 | quarterly | 2020-10-27 |
2019-04-24 | ₺0.17 | quarterly | 2019-04-26 |
2018-06-27 | ₺0.27 | quarterly | 2018-06-29 |
2017-04-20 | ₺0.31 | quarterly | 2017-04-24 |
2016-05-31 | ₺0.26 | quarterly | |
2015-05-29 | ₺0.06 | quarterly | |
2014-05-30 | ₺0.07 | quarterly | |
2013-05-31 | ₺0.05 | quarterly |
Alarko Dividend per year
Alarko Dividend growth
Alarko Dividend Yield
Alarko current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Alarko stock? Use our calculator to estimate your expected dividend yield:
Alarko Financial Ratios
Alarko Dividend FAQ
Other factors to consider when evaluating Alarko as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Alarko 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.
1. Determination of Dividend: Alarko's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alarko publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alarko distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alarko are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alarko sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alarko distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alarko declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alarko's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alarko's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.