AUB Group Limited engages in the insurance broking and underwriting businesses in Australia and New Zealand. The company provides insurance broking and advisory services primarily to SME clients; distributes ancillary products; and designs, distributes, and manages insurance products on behalf of licensed insurance companies. It also offers support services, such as loss adjustment, investigations, claims management, and claim legal support services; and automated quoting and binding, white-labelling, and technological support services, as well as ExpressCover; and BizCover, a digital SME insurance platform with multi-channel presence and insurance offerings. The company was formerly known as Austbrokers Holdings Limited and changed its name to AUB Group Limited in November 2015. AUB Group Limited was incorporated in 1885 and is headquartered in North Sydney, Australia.
AUB Dividend Announcement
• AUB announced a semi annually dividend of A$0.59 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-06
• AUB annual dividend for 2024 was A$0.79
• AUB annual dividend for 2023 was A$0.64
• AUB's trailing twelve-month (TTM) dividend yield is 2.6%
• AUB's payout ratio for the trailing twelve months (TTM) is 37.77%
• AUB's dividend growth over the last five years (2018-2023) was 7.74% year
• AUB's dividend growth over the last ten years (2013-2023) was 6.41% year
AUB Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-06 | A$0.59 | semi annually | 2024-09-27 |
2024-02-29 | A$0.20 | semi annually | |
2023-09-07 | A$0.47 | semi annually | 2023-10-09 |
2023-03-01 | A$0.17 | semi annually | 2023-04-04 |
2022-09-07 | A$0.38 | semi annually | 2022-10-07 |
2022-03-01 | A$0.17 | semi annually | 2022-04-04 |
2021-09-08 | A$0.39 | semi annually | 2021-10-11 |
2021-03-04 | A$0.16 | semi annually | 2021-04-08 |
2020-09-07 | A$0.35 | semi annually | 2020-10-08 |
2020-03-05 | A$0.14 | semi annually | 2020-09-03 |
2019-09-04 | A$0.32 | semi annually | 2019-10-08 |
2019-03-06 | A$0.13 | semi annually | 2019-04-05 |
2018-09-07 | A$0.31 | semi annually | 2018-10-09 |
2018-04-05 | A$0.13 | semi annually | 2018-04-27 |
2017-10-06 | A$0.29 | semi annually | 2017-10-31 |
2017-04-06 | A$0.12 | semi annually | 2017-04-28 |
2016-10-07 | A$0.27 | semi annually | 2016-10-31 |
2016-04-08 | A$0.12 | semi annually | 2016-04-29 |
2015-10-01 | A$0.27 | semi annually | 2015-10-30 |
2015-04-09 | A$0.12 | semi annually | 2015-04-30 |
2014-09-30 | A$0.26 | semi annually | 2014-10-24 |
2014-04-04 | A$0.12 | semi annually | 2014-04-30 |
2013-09-27 | A$0.24 | semi annually | 2013-10-24 |
2013-04-04 | A$0.11 | semi annually | 2013-04-26 |
AUB Dividend per year
AUB Dividend growth
AUB Dividend Yield
AUB current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing AUB stock? Use our calculator to estimate your expected dividend yield:
AUB Financial Ratios
AUB Dividend FAQ
Other factors to consider when evaluating AUB 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: AUB'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, AUB 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, AUB 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 AUB 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: AUB 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, AUB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AUB 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 AUB'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 AUB'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.