Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand. It also offers branded consumer, prescription, and over-the-counter products under the regional brands, such as Circadin, Foxair, Maltofer, Mybulen, and Zyloric for various types of anesthetic comprises sleeping aid, respiratory, iron supplement, analgesic, and uric acid production inhibitor. In addition, the company manufactures and sells active pharmaceutical ingredients and finished dose form products to third-party customers. The company was founded in 1850 and is headquartered in Durban, South Africa.
Aspen Pharmacare Dividend Announcement
• Aspen Pharmacare announced a annually dividend of R359.00 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-18
• Aspen Pharmacare annual dividend for 2024 was R359.00
• Aspen Pharmacare annual dividend for 2023 was R342.00
• Aspen Pharmacare's trailing twelve-month (TTM) dividend yield is 2.03%
• Aspen Pharmacare's payout ratio for the trailing twelve months (TTM) is 28.24%
Aspen Pharmacare Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | R359.00 | annually | 2024-09-23 |
2023-09-20 | R342.00 | annually | 2023-09-26 |
2022-09-21 | R326.00 | annually | 2022-09-26 |
2021-09-21 | R262.00 | annually | 2021-09-27 |
2018-10-03 | R315.00 | annually | 2018-10-08 |
2017-10-04 | R287.00 | annually | 2017-10-09 |
2016-10-05 | R248.00 | annually | |
2015-10-05 | R72.00 | annually | |
2014-10-06 | R62.67 | annually | |
2013-10-07 | R52.33 | annually | |
2012-10-08 | R52.33 | annually | |
2011-10-10 | R35.00 | annually |
Aspen Pharmacare Dividend per year
Aspen Pharmacare Dividend growth
Aspen Pharmacare Dividend Yield
Aspen Pharmacare current trailing twelve-month (TTM) dividend yield is 2.03%. Interested in purchasing Aspen Pharmacare stock? Use our calculator to estimate your expected dividend yield:
Aspen Pharmacare Financial Ratios
Aspen Pharmacare Dividend FAQ
Other factors to consider when evaluating Aspen Pharmacare 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: Aspen Pharmacare'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, Aspen Pharmacare 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, Aspen Pharmacare 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 Aspen Pharmacare 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: Aspen Pharmacare 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, Aspen Pharmacare distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aspen Pharmacare 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 Aspen Pharmacare'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 Aspen Pharmacare'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.