Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company operates through the divisions Brenntag Essentials and Brenntag Specialties. It provides value-added services, such as just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well as technical and laboratory services for specialty chemicals. The company serves customers in various end-market industries, including nutrition, pharma, personal care, water treatment, and lubricants; and home, industrial, and institutional markets, as well as coatings and constructions, polymers, and rubber industries. Brenntag SE was founded in 1874 and is based in Essen, Germany.
Brenntag Dividend Announcement
• Brenntag announced a annually dividend of $0.45 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-05-23
• Brenntag annual dividend for 2024 was $0.45
• Brenntag annual dividend for 2023 was $0.43
• Brenntag's trailing twelve-month (TTM) dividend yield is 3.62%
• Brenntag's payout ratio for the trailing twelve months (TTM) is 55.68%
• Brenntag's dividend growth over the last five years (2018-2023) was 10.96% year
• Brenntag's dividend growth over the last ten years (2013-2023) was 3.42% year
Brenntag Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | $0.45 | annually | 2024-06-12 |
2023-06-15 | $0.43 | annually | 2023-07-05 |
2022-06-10 | $0.31 | annually | 2022-06-29 |
2021-06-11 | $0.33 | annually | 2021-06-30 |
2020-06-11 | $0.28 | annually | 2020-06-30 |
2019-06-14 | $0.27 | annually | 2019-07-03 |
2018-06-21 | $0.26 | annually | 2018-07-10 |
2017-06-08 | $0.24 | annually | 2017-06-28 |
2016-06-10 | $0.22 | annually | 2016-06-30 |
2015-06-05 | $0.20 | annually | 2015-06-25 |
2014-06-13 | $0.36 | annually | 2014-07-03 |
2013-06-17 | $0.31 | annually | 2013-07-05 |
Brenntag Dividend per year
Brenntag Dividend growth
Brenntag Dividend Yield
Brenntag current trailing twelve-month (TTM) dividend yield is 3.62%. Interested in purchasing Brenntag stock? Use our calculator to estimate your expected dividend yield:
Brenntag Financial Ratios
Brenntag Dividend FAQ
Other factors to consider when evaluating Brenntag 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: Brenntag'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, Brenntag 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, Brenntag 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 Brenntag 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: Brenntag 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, Brenntag distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Brenntag 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 Brenntag'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 Brenntag'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.