Argent Industrial Limited manufactures and trades in steel and steel-related products in South Africa and internationally. The company trades in sections, sheets, coils, plates, and special steel products; offers slitting, blanking, cutting-to-length, and tube and lipped channel services, as well as flame, plasma, and laser cutting, guillotining, and bending services; and supplies aluminum products. It also manufactures ladders, trolleys, castors, wheels, scaffolding, conveyors, canteen units and folding tables, bookcases, steel wardrobes, storage bins, steel cabinets and cupboards, office desks, tables, furniture, racks, shelves, lockers, and steel beds; underground scrapers and wear parts, grizzly frames and segments, and other mining equipment; speed control retarder systems; cranes, hoists, and lifting equipment; pizza ovens, braai stands, and fireplaces; aircraft refueling vehicles and systems; and louvre shutters and window blinds, as well as designs and builds fuel storage tanks. In addition, the company manufactures security and driveway gates, DIY security barriers, roller shutters, window burglar bars, and sectional garage and roll up doors; material handling equipment; aluminium rolled and extrusion, and stainless rolled and long products; wooden and metal gates, railings, accessories, wooden fencings and posts, fixtures and fittings, and garden products; steel cupboards; burglar guards, gates, balustrades, steel palisade fencing, etc.; and industrial doors, including insulated sectional doors, as well as offers steel services, including profiling, plasma cutting, rolling, surface grinding, guillotining and laser cutting, and multiple pressbrakes services. Further, it is involved in supplying supplies infrastructure construction raw materials; ready-mix concrete and mortars, and crushed stone products; the provision of technical back-up and support services; and properties business. The company was founded in 1972 and is based in La Lucia, South Africa.
Argent Industrial Dividend Announcement
• Argent Industrial announced a quarterly dividend of R60.00 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-17
• Argent Industrial annual dividend for 2024 was R60.00
• Argent Industrial annual dividend for 2023 was R150.00
• Argent Industrial's trailing twelve-month (TTM) dividend yield is 4.26%
• Argent Industrial's payout ratio for the trailing twelve months (TTM) is 33.02%
Argent Industrial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-17 | R60.00 | quarterly | 2024-07-22 |
| 2023-12-12 | R55.00 | quarterly | 2023-12-18 |
| 2023-07-19 | R50.00 | quarterly | 2023-07-24 |
| 2023-01-18 | R45.00 | quarterly | 2023-01-23 |
| 2022-07-27 | R42.00 | quarterly | 2022-08-01 |
| 2018-07-25 | R10.00 | quarterly | 2018-07-30 |
| 2018-03-20 | R10.00 | quarterly | 2018-03-26 |
| 2017-07-26 | R11.00 | quarterly | 2017-07-31 |
| 2017-03-22 | R10.00 | quarterly | 2017-03-27 |
| 2016-07-27 | R9.00 | quarterly | |
| 2016-03-17 | R9.00 | quarterly | |
| 2015-09-28 | R9.00 | quarterly | |
| 2015-03-23 | R8.00 | quarterly | |
| 2014-10-20 | R7.00 | quarterly | |
| 2014-03-24 | R7.00 | quarterly | |
| 2013-09-30 | R7.00 | quarterly | |
| 2012-12-03 | R6.00 | quarterly | |
| 2012-09-10 | R6.00 | quarterly | |
| 2011-12-05 | R4.00 | quarterly | |
| 2011-09-05 | R3.00 | quarterly | |
| 2011-01-10 | R4.00 | quarterly | |
| 2009-07-20 | R9.00 | quarterly | |
| 2009-01-12 | R19.00 | quarterly |
Argent Industrial Dividend per year
Argent Industrial Dividend growth
Argent Industrial Dividend Yield
Argent Industrial current trailing twelve-month (TTM) dividend yield is 4.26%. Interested in purchasing Argent Industrial stock? Use our calculator to estimate your expected dividend yield:
Argent Industrial Financial Ratios
P/E ratio4.86
PEG ratio-1.91
P/B ratio0.88
ROE18.67%
Payout ratio33.02%
Current ratio2.55
Quick ratio1.47
Cash Ratio0.69
Argent Industrial Dividend FAQ
How much is the next Argent Industrial dividend?
Argent Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Argent Industrial dividend. The next Argent Industrial dividend will be released in January, July, or December.
When is Argent Industrial dividend paid?
Argent Industrial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, July, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Argent Industrial pay?
The specific amount of Argent Industrial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Argent Industrial's dividend history.
Does Argent Industrial stock pay dividends?
Yes, Argent Industrial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Argent Industrial's dividend history.
How much dividend does Argent Industrial pay?
Argent Industrial paid R60 in 2024, R150 in 2023, R42 in 2022, R0 in 2021, and R0 in 2020.
How often does Argent Industrial pay dividends?
Argent Industrial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, July, and December.
What is Argent Industrial's dividend yield?
The current dividend yield for Argent Industrial is 4.26%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Argent Industrial's exact dividend yield.
When does Argent Industrial go ex dividend?
Argent Industrial's ex-dividend date for the latest dividend was on 2024-07-17. Argent Industrial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Argent Industrial dividend paid?
Argent Industrial pays dividends on a quarterly basis, typically around January, July, or December, but the exact dates can vary each year.
Will Argent Industrial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Argent Industrial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Argent Industrial dividend per share?
Argent Industrial paid R60 per share in 2024 and R150 per share in 2023. The amount of dividend per share that Argent Industrial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Argent Industrial a dividend aristocrat?
No, 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 Argent Industrial a dividend king?
No, 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 Argent Industrial a dividend stock?
Yes, Argent Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Argent Industrial a good dividend stock?
Whether Argent Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Argent Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Argent Industrial 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.
Other factors to consider when evaluating Argent Industrial 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.
Does Argent Industrial pay dividends monthly?
Argent Industrial typically pays dividends on a quarterly basis.
Does Argent Industrial pay dividends quarterly?
Argent Industrial currently pays dividends on a quarterly basis.
Has Argent Industrial ever paid a dividend?
Yes, Argent Industrial has a history of paying dividends to its shareholders. Argent Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Argent Industrial dividend stocks?
To buy Argent Industrial 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Argent Industrial 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.
Place an order: Use the brokerage's trading platform to place an order to buy Argent Industrial 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.
When does Argent Industrial pay dividends 2024?
Argent Industrial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-07-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Argent Industrial increase its dividend in 2024?
Decisions regarding Argent Industrial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Argent Industrial dividend overview you can look into the above table of dividend history.
How Argent Industrial dividend works?
The Argent Industrial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Argent Industrial's dividend process works:
1. Determination of Dividend: Argent Industrial'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, Argent Industrial 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, Argent Industrial 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 Argent Industrial 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. Determination of Dividend: Argent Industrial'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, Argent Industrial 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, Argent Industrial 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 Argent Industrial 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.
How are Argent Industrial dividends paid?
Argent Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Argent Industrial 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, Argent Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Argent Industrial 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.
1. Record Date: Argent Industrial 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, Argent Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Argent Industrial 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.
How many times does Argent Industrial pay dividends?
Argent Industrial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Argent Industrial pay dividends?
The general pattern is that Argent Industrial pays dividends around January, July, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Argent Industrial dividend safe?
The safety of Argent Industrial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Argent Industrial'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 Argent Industrial'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.
To assess the safety of Argent Industrial'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 Argent Industrial'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.