American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles in the United States, Mexico, South America, China, other Asian countries, and Europe. It operates through Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. and REE Automotive Ltd. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.
American Axle & Manufacturing Dividend Announcement
• American Axle & Manufacturing announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2008-12-29. Ex dividend date: 2008-12-04
• American Axle & Manufacturing's trailing twelve-month (TTM) dividend yield is -%
American Axle & Manufacturing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2008-12-04 | $0.02 | quarterly | 2008-12-29 |
2008-09-03 | $0.02 | quarterly | 2008-09-26 |
2008-06-04 | $0.15 | quarterly | 2008-06-27 |
2008-03-05 | $0.15 | quarterly | 2008-03-28 |
2007-12-05 | $0.15 | quarterly | 2007-12-28 |
2007-09-05 | $0.15 | quarterly | 2007-09-28 |
2007-06-05 | $0.15 | quarterly | 2007-06-28 |
2007-03-05 | $0.15 | quarterly | 2007-03-28 |
2006-12-05 | $0.15 | quarterly | 2006-12-28 |
2006-09-05 | $0.15 | quarterly | 2006-09-28 |
2006-06-05 | $0.15 | quarterly | 2006-06-28 |
2006-03-03 | $0.15 | quarterly | 2006-03-28 |
2005-12-05 | $0.15 | quarterly | 2005-12-28 |
2005-09-02 | $0.15 | quarterly | 2005-09-28 |
2005-06-03 | $0.15 | quarterly | 2005-06-28 |
2005-03-03 | $0.15 | quarterly | 2005-03-28 |
2004-12-03 | $0.15 | quarterly | 2004-12-28 |
2004-09-02 | $0.15 | quarterly | 2004-09-28 |
2004-06-03 | $0.15 | quarterly | 2004-06-28 |
American Axle & Manufacturing Dividend per year
American Axle & Manufacturing Dividend growth
American Axle & Manufacturing Dividend Yield
American Axle & Manufacturing current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing American Axle & Manufacturing stock? Use our calculator to estimate your expected dividend yield:
American Axle & Manufacturing Financial Ratios
American Axle & Manufacturing Dividend FAQ
Other factors to consider when evaluating American Axle & Manufacturing 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: American Axle & Manufacturing'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, American Axle & Manufacturing 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, American Axle & Manufacturing 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 American Axle & Manufacturing 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: American Axle & Manufacturing 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, American Axle & Manufacturing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: American Axle & Manufacturing 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 American Axle & Manufacturing'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 American Axle & Manufacturing'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.