Befesa S.A. provides environmental recycling services to the steel and aluminum industries in European, Asian, and North American markets. It operates through two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminium Salt Slags Recycling Services segment recycles salt slags; spent pot linings, a hazardous residue generated by primary aluminum producers; and recovers and sells salt, aluminum concentrate, and aluminum oxides. This segment also collects and recycles aluminum scrap and other aluminum residues, such as aluminum dross, shavings, and cuttings; and produces secondary aluminum alloys for automotive and construction industries. The company also offers logistics and waelz oxide treatment services; develops projects and technology; and operates as a marketing company. Befesa S.A. was founded in 1987 and is based in Luxembourg City, Luxembourg.
Befesa Dividend Announcement
• Befesa announced a annually dividend of €0.73 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-06-21
• Befesa annual dividend for 2024 was €0.73
• Befesa annual dividend for 2023 was €1.25
• Befesa's trailing twelve-month (TTM) dividend yield is 3.57%
• Befesa's payout ratio for the trailing twelve months (TTM) is 52.71%
Befesa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | €0.73 | annually | 2024-07-09 |
2023-06-16 | €1.25 | annually | 2023-07-06 |
2022-06-17 | €1.25 | annually | 2022-07-06 |
2021-07-01 | €1.17 | annually | 2021-07-14 |
2020-11-30 | €0.29 | annually | 2020-12-04 |
2020-06-19 | €0.44 | annually | 2020-06-23 |
2019-06-20 | €1.32 | annually | 2019-06-24 |
Befesa Dividend per year
Befesa Dividend growth
Befesa Dividend Yield
Befesa current trailing twelve-month (TTM) dividend yield is 3.57%. Interested in purchasing Befesa stock? Use our calculator to estimate your expected dividend yield:
Befesa Financial Ratios
Befesa Dividend FAQ
Other factors to consider when evaluating Befesa 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: Befesa'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, Befesa 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, Befesa 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 Befesa 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: Befesa 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, Befesa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Befesa 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 Befesa'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 Befesa'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.