Boom Logistics Limited provides lifting solutions and labour services to mining and resources, infrastructure and construction, wind, energy, and utilities, industrial maintenance, and telecommunications sectors in Australia. The company operates in two segments, Lifting Solutions and Labour Hire. It offers mobile and crawler cranes for wet and dry hire with short or long term hire facilities; travel towers and access equipment, and associated services. The company also provides special hydraulic mobile cranes and low profile prime movers; access equipment, including boom lifts, knuckle booms, elevated work platforms, and travel towers. In addition, it offers low loaders to transport heavy and large equipment, as well as engineering and project management services. Further, the company provides skilled labors for various trades, such as electricians, boiler makers, mechanics, traditional crane and travel tower operators, riggers, and truck drivers. Its fleet comprises approximately 260 cranes and 120 travel towers. The company was formerly known as The Australian Crane Company and changed its name to Boom Logistics Limited in October 2003. Boom Logistics Limited was incorporated in 2000 and is based in Southbank, Australia.
Boom Logistics Dividend Announcement
• Boom Logistics announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2022-04-06. Ex dividend date: 2022-03-17
• Boom Logistics's trailing twelve-month (TTM) dividend yield is -%
Boom Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-03-17 | A$0.01 | semi annually | 2022-04-06 |
2021-09-29 | A$0.01 | semi annually | 2021-11-05 |
2021-03-25 | A$0.01 | semi annually | 2021-04-16 |
2020-03-30 | A$0.01 | semi annually | 2020-10-02 |
2009-02-27 | A$0.01 | semi annually | 2009-04-08 |
2008-09-01 | A$0.01 | semi annually | 2008-10-06 |
2008-02-26 | A$0.04 | semi annually | 2008-04-08 |
2007-08-27 | A$0.05 | semi annually | 2007-09-21 |
2007-02-23 | A$0.06 | semi annually | 2007-03-23 |
2006-08-25 | A$0.05 | semi annually | 2006-09-21 |
2006-02-23 | A$0.05 | semi annually | 2006-03-23 |
2005-08-25 | A$0.04 | semi annually | 2005-09-21 |
2005-02-23 | A$0.03 | semi annually | 2005-03-23 |
2004-08-25 | A$0.04 | semi annually | 2004-09-22 |
2004-02-24 | A$0.01 | semi annually | 2004-03-23 |
Boom Logistics Dividend per year
Boom Logistics Dividend growth
Boom Logistics Dividend Yield
Boom Logistics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Boom Logistics stock? Use our calculator to estimate your expected dividend yield:
Boom Logistics Financial Ratios
Boom Logistics Dividend FAQ
Other factors to consider when evaluating Boom Logistics 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: Boom Logistics'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, Boom Logistics 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, Boom Logistics 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 Boom Logistics 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: Boom Logistics 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, Boom Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Boom Logistics 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 Boom Logistics'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 Boom Logistics'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.