Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois.
Ascent Industries Dividend Announcement
• Ascent Industries announced a annually dividend of $0.25 per ordinary share which will be made payable on 2018-12-12. Ex dividend date: 2018-11-29
• Ascent Industries's trailing twelve-month (TTM) dividend yield is -%
Ascent Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-11-29 | $0.25 | annually | 2018-12-12 |
| 2017-10-24 | $0.13 | annually | 2017-11-06 |
| 2015-11-24 | $0.30 | annually | 2015-12-08 |
| 2014-11-20 | $0.30 | annually | 2014-12-09 |
| 2013-11-14 | $0.26 | annually | 2013-12-03 |
| 2012-11-21 | $0.25 | annually | 2012-12-10 |
| 2011-11-22 | $0.25 | annually | |
| 2010-11-18 | $0.25 | annually | 2010-12-08 |
| 2010-03-04 | $0.25 | annually | 2010-03-22 |
| 2009-02-20 | $0.10 | annually | 2009-03-10 |
| 2008-02-19 | $0.25 | annually | 2008-03-07 |
| 2007-02-21 | $0.15 | annually | 2007-03-15 |
| 2001-08-13 | $0.05 | annually | 2001-09-03 |
| 2001-05-11 | $0.05 | annually | 2001-06-01 |
| 2001-02-13 | $0.05 | annually | 2001-03-01 |
Ascent Industries Dividend per year
Ascent Industries Dividend growth
Ascent Industries Dividend Yield
Ascent Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ascent Industries stock? Use our calculator to estimate your expected dividend yield:
Ascent Industries Financial Ratios
P/E ratio-84.41
PEG ratio5.06
P/B ratio1.28
ROE-1.41%
Payout ratio0.00%
Current ratio3.77
Quick ratio1.81
Cash Ratio0.39
Ascent Industries Dividend FAQ
How much is the next Ascent Industries dividend?
Ascent Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ascent Industries dividend. The next Ascent Industries dividend will be released in October.
When is Ascent Industries dividend paid?
Ascent Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around October. 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 Ascent Industries pay?
The specific amount of Ascent Industries 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 Ascent Industries's dividend history.
Does Ascent Industries stock pay dividends?
Yes, Ascent Industries 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 Ascent Industries's dividend history.
How much dividend does Ascent Industries pay?
Ascent Industries paid $0.0 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Ascent Industries pay dividends?
Ascent Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around October.
What is Ascent Industries's dividend yield?
The current dividend yield for Ascent Industries is -%. 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 Ascent Industries's exact dividend yield.
When does Ascent Industries go ex dividend?
Ascent Industries's ex-dividend date for the latest dividend was on 2018-11-29. Ascent Industries 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 Ascent Industries dividend paid?
Ascent Industries pays dividends on a annually basis, typically around October, but the exact dates can vary each year.
Will Ascent Industries 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 Ascent Industries 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 Ascent Industries dividend per share?
Ascent Industries paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Ascent Industries 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 Ascent Industries 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 Ascent Industries 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 Ascent Industries a dividend stock?
Yes, Ascent Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ascent Industries a good dividend stock?
Whether Ascent Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ascent Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ascent Industries 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 Ascent Industries 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 Ascent Industries pay dividends monthly?
Ascent Industries typically pays dividends on a annually basis.
Does Ascent Industries pay dividends quarterly?
Ascent Industries currently pays dividends on a annually basis.
Has Ascent Industries ever paid a dividend?
Yes, Ascent Industries has a history of paying dividends to its shareholders. Ascent Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ascent Industries dividend stocks?
To buy Ascent Industries 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 Ascent Industries 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 Ascent Industries 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 Ascent Industries pay dividends 2024?
Ascent Industries pays dividends on a annually basis. 2024 dividend payments are in 2018-12-12. 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 Ascent Industries increase its dividend in 2024?
Decisions regarding Ascent Industries 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 Ascent Industries dividend overview you can look into the above table of dividend history.
How Ascent Industries dividend works?
The Ascent Industries 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 Ascent Industries's dividend process works:
1. Determination of Dividend: Ascent Industries'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, Ascent Industries 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, Ascent Industries 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 Ascent Industries 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: Ascent Industries'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, Ascent Industries 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, Ascent Industries 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 Ascent Industries 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 Ascent Industries dividends paid?
Ascent Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ascent Industries 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, Ascent Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ascent Industries 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: Ascent Industries 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, Ascent Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ascent Industries 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 Ascent Industries pay dividends?
Ascent Industries typically pays dividends on a annually 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 Ascent Industries pay dividends?
The general pattern is that Ascent Industries pays dividends around October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ascent Industries dividend safe?
The safety of Ascent Industries'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 Ascent Industries'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 Ascent Industries'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 Ascent Industries'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 Ascent Industries'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.