CANCOM SE, together with its subsidiaries, offers information technology (IT) infrastructure and services in Germany and internationally. The company operates in two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services. The IT Solutions segment offers a range of services related to IT infrastructure and applications. Its services include IT strategy consulting, project planning and implementation, system integration, and IT procurement through e-procurement services, as well as professional IT services and support. The company offers AHP Enterprise Cloud, an IT multi-cloud management software, as well as provides cloud computing, mobile solutions, internet of things, data analytics, and IT security services. It serves commercial end users ranging from small and medium enterprises to large companies and corporations, and public institutions. The company was founded in 1992 and is based in Munich, Germany.
Cancom Dividend Announcement
• Cancom announced a annually dividend of €1.00 per ordinary share which will be made payable on 2024-06-10. Ex dividend date: 2024-06-06
• Cancom annual dividend for 2024 was €1.00
• Cancom annual dividend for 2023 was €1.00
• Cancom's trailing twelve-month (TTM) dividend yield is 4.12%
• Cancom's payout ratio for the trailing twelve months (TTM) is 91.67%
• Cancom's dividend growth over the last ten years (2013-2023) was 11.07% year
Cancom Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | €1.00 | annually | 2024-06-10 |
2023-06-15 | €1.00 | annually | 2023-06-19 |
2022-06-29 | €1.00 | annually | 2022-07-01 |
2021-06-30 | €0.75 | annually | 2021-07-02 |
2020-07-01 | €0.50 | annually | 2020-07-03 |
2019-06-27 | €0.50 | annually | 2019-07-01 |
2018-06-15 | €1.00 | annually | 2018-06-19 |
2017-06-21 | €0.50 | annually | 2017-06-23 |
2016-06-15 | €0.50 | annually | 2016-06-15 |
2015-06-19 | €0.50 | annually | 2015-06-19 |
2014-06-26 | €0.40 | annually | 2014-06-26 |
2013-06-19 | €0.35 | annually | 2013-06-19 |
Cancom Dividend per year
Cancom Dividend growth
Cancom Dividend Yield
Cancom current trailing twelve-month (TTM) dividend yield is 4.12%. Interested in purchasing Cancom stock? Use our calculator to estimate your expected dividend yield:
Cancom Financial Ratios
Cancom Dividend FAQ
Other factors to consider when evaluating Cancom 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: Cancom'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, Cancom 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, Cancom 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 Cancom 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: Cancom 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, Cancom distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cancom 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 Cancom'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 Cancom'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.