ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides listings, trading, clearing, settlement, technical and information services, and other post-trade services; securities and derivatives exchange, and ancillary services; and central counterparty clearing services. It also operates markets for a range of asset classes, including equities, fixed income, commodities, and energy; provides data and technology services to intermediaries, banks, information vendors, and software developers to enable them to make decisions, offer services to their clients, and connect with one another; and is involved in the registry, depository, and settlement activities, as well as delivery-versus-payment clearing of financial products. The company was founded in 1987 and is based in Sydney, Australia.
ASX Dividend Announcement
• ASX announced a semi annually dividend of $0.71 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-26
• ASX annual dividend for 2024 was $1.37
• ASX annual dividend for 2023 was $1.52
• ASX's trailing twelve-month (TTM) dividend yield is 3.21%
• ASX's payout ratio for the trailing twelve months (TTM) is 89.32%
• ASX's dividend growth over the last five years (2018-2023) was -1.52% year
• ASX's dividend growth over the last ten years (2013-2023) was -2.40% year
ASX Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | $0.71 | semi annually | 2024-10-04 |
2024-03-01 | $0.66 | semi annually | 2024-04-10 |
2023-09-07 | $0.72 | semi annually | 2023-10-12 |
2023-03-09 | $0.80 | semi annually | 2023-04-12 |
2022-09-08 | $0.83 | semi annually | 2022-10-13 |
2022-03-03 | $0.83 | semi annually | 2022-04-06 |
2021-09-03 | $0.80 | semi annually | 2021-10-14 |
2021-03-04 | $0.87 | semi annually | 2021-04-07 |
2020-09-04 | $0.88 | semi annually | 2020-10-15 |
2020-03-05 | $0.78 | semi annually | 2020-04-08 |
2019-09-05 | $1.65 | semi annually | 2019-10-09 |
2019-03-07 | $0.81 | semi annually | 2019-04-10 |
2018-09-06 | $0.80 | semi annually | 2018-10-11 |
2018-03-08 | $0.85 | semi annually | 2018-04-11 |
2017-03-08 | $0.78 | semi annually | 2017-04-12 |
2016-09-07 | $0.75 | semi annually | |
2016-03-02 | $0.70 | semi annually | |
2015-09-02 | $0.70 | semi annually | |
2015-03-03 | $0.71 | semi annually | |
2014-09-03 | $0.84 | semi annually | |
2014-03-05 | $0.81 | semi annually | |
2013-09-03 | $0.77 | semi annually | |
2013-07-10 | $0.27 | semi annually | |
2013-03-05 | $0.90 | semi annually |
ASX Dividend per year
ASX Dividend growth
ASX Dividend Yield
ASX current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing ASX stock? Use our calculator to estimate your expected dividend yield:
ASX Financial Ratios
ASX Dividend FAQ
Other factors to consider when evaluating ASX 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: ASX'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, ASX 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, ASX 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 ASX 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: ASX 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, ASX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ASX 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 ASX'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 ASX'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.