Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.
Albany International Dividend Announcement
• Albany International announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-03
• Albany International annual dividend for 2024 was $0.78
• Albany International annual dividend for 2023 was $1.01
• Albany International's trailing twelve-month (TTM) dividend yield is 1.21%
• Albany International's payout ratio for the trailing twelve months (TTM) is 32.03%
• Albany International's dividend growth over the last five years (2018-2023) was 7.92% year
• Albany International's dividend growth over the last ten years (2013-2023) was 5.52% year
Albany International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | $0.26 | quarterly | 2024-10-07 |
2024-06-07 | $0.26 | quarterly | 2024-07-08 |
2024-03-14 | $0.26 | quarterly | 2024-04-05 |
2023-12-18 | $0.26 | quarterly | 2024-01-08 |
2023-09-01 | $0.25 | quarterly | 2023-10-06 |
2023-06-06 | $0.25 | quarterly | 2023-07-10 |
2023-03-16 | $0.25 | quarterly | 2023-04-10 |
2022-12-23 | $0.25 | quarterly | 2023-01-09 |
2022-09-02 | $0.21 | quarterly | 2022-10-07 |
2022-06-06 | $0.21 | quarterly | 2022-07-08 |
2022-03-18 | $0.21 | quarterly | 2022-04-07 |
2021-12-27 | $0.21 | quarterly | 2022-01-10 |
2021-09-03 | $0.20 | quarterly | 2021-10-07 |
2021-06-04 | $0.20 | quarterly | 2021-07-08 |
2021-03-18 | $0.20 | quarterly | 2021-04-08 |
2020-12-21 | $0.20 | quarterly | 2021-01-08 |
2020-09-04 | $0.19 | quarterly | 2020-10-07 |
2020-06-04 | $0.19 | quarterly | 2020-07-10 |
2020-03-19 | $0.19 | quarterly | 2020-04-08 |
2019-12-20 | $0.19 | quarterly | 2020-01-08 |
2019-09-06 | $0.18 | quarterly | 2019-10-07 |
2019-06-06 | $0.18 | quarterly | 2019-07-08 |
2019-03-15 | $0.18 | quarterly | 2019-04-05 |
2018-12-24 | $0.18 | quarterly | 2019-01-08 |
2018-09-07 | $0.17 | quarterly | 2018-10-05 |
2018-06-06 | $0.17 | quarterly | 2018-07-09 |
2018-03-16 | $0.17 | quarterly | 2018-04-06 |
2017-12-22 | $0.17 | quarterly | 2018-01-08 |
2017-09-08 | $0.17 | quarterly | 2017-10-06 |
2017-06-05 | $0.17 | quarterly | 2017-07-10 |
2017-03-16 | $0.17 | quarterly | 2017-04-07 |
2016-12-22 | $0.17 | quarterly | 2017-01-09 |
2016-09-16 | $0.17 | quarterly | 2016-10-07 |
2016-06-03 | $0.17 | quarterly | 2016-07-08 |
2016-03-17 | $0.17 | quarterly | 2016-04-07 |
2015-12-18 | $0.17 | quarterly | 2016-01-08 |
2015-09-10 | $0.17 | quarterly | 2015-10-07 |
2015-06-03 | $0.17 | quarterly | 2015-07-08 |
2015-03-19 | $0.16 | quarterly | 2015-04-07 |
2014-12-19 | $0.16 | quarterly | 2015-01-08 |
2014-09-04 | $0.16 | quarterly | 2014-10-07 |
2014-06-04 | $0.16 | quarterly | 2014-07-08 |
2014-03-20 | $0.15 | quarterly | 2014-04-07 |
2013-12-20 | $0.15 | quarterly | 2014-01-08 |
2013-09-05 | $0.15 | quarterly | 2013-10-07 |
2013-06-05 | $0.15 | quarterly | 2013-07-08 |
2013-03-05 | $0.14 | quarterly | 2013-04-05 |
Albany International Dividend per year
Albany International Dividend growth
Albany International Dividend Yield
Albany International current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing Albany International stock? Use our calculator to estimate your expected dividend yield:
Albany International Financial Ratios
Albany International Dividend FAQ
Other factors to consider when evaluating Albany International 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.
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1. Determination of Dividend: Albany International'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, Albany International 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, Albany International 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 Albany International 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: Albany International 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, Albany International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Albany International 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 Albany International'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 Albany International'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.