BGC Group, Inc. operates as a financial brokerage and technology company in the United States and internationally. The company offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; equities, energy and commodities, shipping, insurance, and futures and options. It also provides trade execution, connectivity solutions, brokerage services, clearing, trade compression and other post-trade services, information, and other back-office services to an assortment of financial and non-financial institutions. In addition, the company offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables to use ots Voice, Hybrid, or in various markets, as well as fully electronic brokerage services in connection with transactions executed either OTC or through an exchange. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Group, Inc. was founded in 1945 and is headquartered in New York, New York.
BGC Dividend Announcement
• BGC announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-21
• BGC annual dividend for 2024 was $0.07
• BGC annual dividend for 2023 was $0.04
• BGC's trailing twelve-month (TTM) dividend yield is 0.52%
• BGC's payout ratio for the trailing twelve months (TTM) is 20.13%
• BGC's dividend growth over the last five years (2018-2023) was -43.90% year
• BGC's dividend growth over the last ten years (2013-2023) was -22.00% year
BGC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-21 | $0.02 | quarterly | 2024-12-04 |
2024-08-19 | $0.02 | quarterly | 2024-09-03 |
2024-05-20 | $0.02 | quarterly | 2024-06-04 |
2024-03-04 | $0.01 | quarterly | 2024-03-19 |
2023-11-16 | $0.01 | quarterly | 2023-12-01 |
2023-08-21 | $0.01 | quarterly | 2023-09-05 |
2023-05-16 | $0.01 | quarterly | 2023-05-31 |
2023-03-16 | $0.01 | quarterly | 2023-03-31 |
2022-11-21 | $0.01 | quarterly | |
2022-08-22 | $0.01 | quarterly | |
2022-05-18 | $0.01 | quarterly | |
2022-03-07 | $0.01 | quarterly | |
2021-11-22 | $0.01 | quarterly | |
2021-08-23 | $0.01 | quarterly | |
2021-05-18 | $0.01 | quarterly | |
2021-03-15 | $0.01 | quarterly | |
2020-11-16 | $0.01 | quarterly | |
2020-08-18 | $0.01 | quarterly | |
2020-05-21 | $0.01 | quarterly | |
2020-02-25 | $0.14 | quarterly | |
2019-11-12 | $0.14 | quarterly | |
2019-08-13 | $0.14 | quarterly | |
2019-05-23 | $0.14 | quarterly | |
2019-03-05 | $0.14 | quarterly | |
2018-11-06 | $0.18 | quarterly | |
2018-08-17 | $0.18 | quarterly | |
2018-05-18 | $0.18 | quarterly | |
2018-02-26 | $0.18 | quarterly | 2018-03-30 |
2017-11-13 | $0.18 | quarterly | 2017-12-29 |
2017-08-10 | $0.18 | quarterly | 2017-09-29 |
2017-05-17 | $0.18 | quarterly | 2017-06-30 |
2017-02-24 | $0.18 | quarterly | 2017-03-31 |
2016-11-21 | $0.18 | quarterly | 2016-12-30 |
2016-08-16 | $0.18 | quarterly | 2016-09-30 |
2016-05-12 | $0.18 | quarterly | 2016-06-24 |
2016-02-29 | $0.14 | quarterly | 2016-03-25 |
2015-11-18 | $0.14 | quarterly | 2015-11-27 |
2015-08-19 | $0.14 | quarterly | 2015-09-04 |
2015-05-13 | $0.14 | quarterly | 2015-06-26 |
2015-02-26 | $0.12 | quarterly | |
2014-11-20 | $0.12 | quarterly | 2014-11-28 |
2014-08-20 | $0.12 | quarterly | 2014-09-05 |
2014-05-14 | $0.12 | quarterly | 2014-06-27 |
2014-02-25 | $0.12 | quarterly | |
2013-11-14 | $0.12 | quarterly | 2013-11-29 |
2013-08-21 | $0.12 | quarterly | 2013-09-06 |
2013-05-15 | $0.12 | quarterly | 2013-06-28 |
2013-02-27 | $0.12 | quarterly |
BGC Dividend per year
BGC Dividend growth
BGC Dividend Yield
BGC current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing BGC stock? Use our calculator to estimate your expected dividend yield:
BGC Financial Ratios
BGC Dividend FAQ
Other factors to consider when evaluating BGC 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: BGC'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, BGC 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, BGC 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 BGC 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: BGC 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, BGC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BGC 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 BGC'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 BGC'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.