Bid Corporation Limited provides foodservice solutions worldwide. The company manufactures and distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, and ambient goods for the hospitality, institutional, catering, and retail sectors. It also provides foodservice and beverage distribution services for the HoReCa sector; and develops e-commerce solutions. In addition, the company manufactures and distributes meat, poultry, dairy, and general food ingredients, as well as baking ingredients and equipment; and offers a multi-temperature foodservice for various ambient, and chilled and frozen food products. Further, it distributes specialty products for the western styled food market; and frozen, chilled, and ambient local products for the independent street market, as well as sells non-food goods. The company was founded in 1988 and is headquartered in Johannesburg, South Africa.
Bid Dividend Announcement
• Bid announced a semi annually dividend of R565.00 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-25
• Bid annual dividend for 2024 was R1090.00
• Bid annual dividend for 2023 was R940.00
• Bid's trailing twelve-month (TTM) dividend yield is 2.59%
• Bid's payout ratio for the trailing twelve months (TTM) is 42.41%
• Bid's dividend growth over the last five years (2018-2023) was 10.91% year
Bid Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-25 | R565.00 | semi annually | 2024-09-30 |
| 2024-03-19 | R525.00 | semi annually | |
| 2023-09-27 | R500.00 | semi annually | 2023-10-02 |
| 2023-03-22 | R440.00 | semi annually | 2023-03-27 |
| 2022-09-21 | R400.00 | semi annually | 2022-09-26 |
| 2022-03-23 | R300.00 | semi annually | 2022-03-28 |
| 2021-10-20 | R400.00 | semi annually | 2021-10-25 |
| 2020-03-25 | R330.00 | semi annually | 2020-03-30 |
| 2019-09-25 | R330.00 | semi annually | 2019-09-30 |
| 2019-03-19 | R310.00 | semi annually | 2019-03-25 |
| 2018-09-19 | R280.00 | semi annually | 2018-09-25 |
| 2018-03-20 | R280.00 | semi annually | 2018-03-26 |
| 2017-09-20 | R250.00 | semi annually | 2017-09-26 |
| 2017-03-22 | R250.00 | semi annually | 2017-03-27 |
| 2016-09-14 | R241.00 | semi annually |
Bid Dividend per year
Bid Dividend growth
Bid Dividend Yield
Bid current trailing twelve-month (TTM) dividend yield is 2.59%. Interested in purchasing Bid stock? Use our calculator to estimate your expected dividend yield:
Bid Financial Ratios
P/E ratio10.38
PEG ratio88.75
P/B ratio3.34
ROE33.16%
Payout ratio42.41%
Current ratio1.24
Quick ratio0.83
Cash Ratio0.28
Bid Dividend FAQ
How much is the next Bid dividend?
Bid's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bid dividend. The next Bid dividend will be released in March, or September.
When is Bid dividend paid?
Bid pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bid pay?
The specific amount of Bid dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bid's dividend history.
Does Bid stock pay dividends?
Yes, Bid does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bid's dividend history.
How much dividend does Bid pay?
Bid paid R1090 in 2024, R940 in 2023, R700 in 2022, R400 in 2021, and R330 in 2020.
How often does Bid pay dividends?
Bid typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Bid's dividend yield?
The current dividend yield for Bid is 2.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bid's exact dividend yield.
When does Bid go ex dividend?
Bid's ex-dividend date for the latest dividend was on 2024-09-25. Bid typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bid dividend paid?
Bid pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Bid increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bid will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bid dividend per share?
Bid paid R1090 per share in 2024 and R940 per share in 2023. The amount of dividend per share that Bid pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bid a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bid a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bid a dividend stock?
Yes, Bid is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bid a good dividend stock?
Whether Bid is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bid has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bid 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.
Other factors to consider when evaluating Bid 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.
Does Bid pay dividends monthly?
Bid typically pays dividends on a semi annually basis.
Does Bid pay dividends quarterly?
Bid currently pays dividends on a semi annually basis.
Has Bid ever paid a dividend?
Yes, Bid has a history of paying dividends to its shareholders. Bid is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bid dividend stocks?
To buy Bid you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bid stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Bid stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bid pay dividends 2024?
Bid pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bid increase its dividend in 2024?
Decisions regarding Bid dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bid dividend overview you can look into the above table of dividend history.
How Bid dividend works?
The Bid dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bid's dividend process works:
1. Determination of Dividend: Bid'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, Bid 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, Bid 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 Bid 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. Determination of Dividend: Bid'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, Bid 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, Bid 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 Bid 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.
How are Bid dividends paid?
Bid dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bid 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, Bid distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bid 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.
1. Record Date: Bid 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, Bid distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bid 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.
How many times does Bid pay dividends?
Bid typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bid pay dividends?
The general pattern is that Bid pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bid dividend safe?
The safety of Bid's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bid'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 Bid'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.
To assess the safety of Bid'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 Bid'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.