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 annually dividend of R60.00 per ordinary share which will be made payable on 2025-01-27. Ex dividend date: 2025-01-22
• Argent Industrial's trailing twelve-month (TTM) dividend yield is 4.17%
• Argent Industrial's payout ratio for the trailing twelve months (TTM) is 18.99%
Argent Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-01-22 | R60.00 | annually | 2025-01-27 |
2024-07-17 | R60.00 | annually | 2024-07-22 |
2023-12-12 | R55.00 | annually | 2023-12-18 |
2023-07-19 | R50.00 | annually | 2023-07-24 |
2023-01-18 | R45.00 | annually | 2023-01-23 |
2022-07-27 | R42.00 | annually | 2022-08-01 |
2018-07-25 | R10.00 | annually | 2018-07-30 |
2018-03-20 | R10.00 | annually | 2018-03-26 |
2017-07-26 | R11.00 | annually | 2017-07-31 |
2017-03-22 | R10.00 | annually | 2017-03-27 |
2016-07-27 | R9.00 | annually | |
2016-03-17 | R9.00 | annually | |
2015-09-28 | R9.00 | annually | |
2015-03-23 | R8.00 | annually | |
2014-10-20 | R7.00 | annually | |
2014-03-24 | R7.00 | annually | |
2013-09-30 | R7.00 | annually | |
2012-12-03 | R6.00 | annually | |
2012-09-10 | R6.00 | annually | |
2011-12-05 | R4.00 | annually | |
2011-09-05 | R3.00 | annually | |
2011-01-10 | R4.00 | annually |
Argent Industrial Dividend per year
Argent Industrial Dividend growth
Argent Industrial Dividend Yield
Argent Industrial current trailing twelve-month (TTM) dividend yield is 4.17%. Interested in purchasing Argent Industrial stock? Use our calculator to estimate your expected dividend yield:
Argent Industrial Financial Ratios
Argent Industrial Dividend FAQ
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.
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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. 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.
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.