Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. It offers survey and robotics equipment comprising survey sensors, geophysical, hydrographic, metocean, subsea inspection, remote visual inspection, and environmental products; mechanical solutions, consisting of cutting, coating removal, dredging, diver mechanical tools, ROV tooling, ROV/hydraulic, and fabrication solutions; and asset integrity solutions, including subsea infrastructure inspection, riser cleaning and inspection, hull and mooring inspection, subsea sensor packages, and deflection monitoring. The company was founded in 1985 and is based in Westhill, the United Kingdom.
Ashtead Technology Dividend Announcement
• Ashtead Technology announced a annually dividend of £1.10 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-02
• Ashtead Technology annual dividend for 2024 was £1.10
• Ashtead Technology annual dividend for 2023 was £1.00
• Ashtead Technology's trailing twelve-month (TTM) dividend yield is 0.21%
• Ashtead Technology's payout ratio for the trailing twelve months (TTM) is 3.60%
Ashtead Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-02 | £1.10 | annually | 2024-06-03 |
2023-05-25 | £1.00 | annually |
Ashtead Technology Dividend per year
Ashtead Technology Dividend Yield
Ashtead Technology current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing Ashtead Technology stock? Use our calculator to estimate your expected dividend yield:
Ashtead Technology Financial Ratios
Ashtead Technology Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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