Cash Converters International Limited operates as a franchisor of second-hand goods and financial services stores under the Cash Converters brand name. It operates through Franchise Operations, Store Operations, Personal Finance, and Vehicle Financing segments. The Franchise Operations segment engages in the sale of franchises for the retail sale of new and second-hand goods, as well as sale of master licenses for the development of franchises worldwide. The Store Operations segment is involved in the retail sale of new and second-hand goods, as well as in cash advance and pawnbroking operations through corporate owned stores in Australia. The Personal Finance segment provides personal loans; and Mon-E, which provides administration services for the Cash Converters network in Australia to offer small cash advance loans to customers. The Vehicle Financing segment provides motor vehicle financing services. The company operates 155 stores in Australia and 548 stores internationally. Cash Converters International Limited was founded in 1984 and is based in Perth, Australia.
Cash Converters International Dividend Announcement
• Cash Converters International announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-12
• Cash Converters International annual dividend for 2024 was A$0.02
• Cash Converters International annual dividend for 2023 was A$0.02
• Cash Converters International's trailing twelve-month (TTM) dividend yield is 8.16%
• Cash Converters International's payout ratio for the trailing twelve months (TTM) is 72.14%
Cash Converters International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | A$0.01 | semi annually | 2024-10-11 |
2024-03-25 | A$0.01 | semi annually | |
2023-09-14 | A$0.01 | semi annually | 2023-10-13 |
2023-03-23 | A$0.01 | semi annually | 2023-04-14 |
2022-09-21 | A$0.01 | semi annually | 2022-10-14 |
2022-03-24 | A$0.01 | semi annually | 2022-04-14 |
2021-09-23 | A$0.01 | semi annually | 2021-10-14 |
2021-03-24 | A$0.01 | semi annually | 2021-04-14 |
2016-10-13 | A$0.01 | semi annually | 2016-10-28 |
2016-04-14 | A$0.02 | semi annually | 2016-04-29 |
2015-03-13 | A$0.02 | semi annually | 2015-03-31 |
2014-09-12 | A$0.02 | semi annually | 2014-09-30 |
2014-03-07 | A$0.02 | semi annually | 2014-03-28 |
2013-09-09 | A$0.02 | semi annually | 2013-09-27 |
2013-03-08 | A$0.02 | semi annually | 2013-03-28 |
2012-09-10 | A$0.02 | semi annually | 2012-09-28 |
2012-03-09 | A$0.02 | semi annually | 2012-03-30 |
2011-09-12 | A$0.02 | semi annually | 2011-09-30 |
2011-03-10 | A$0.02 | semi annually | 2011-03-31 |
2010-09-10 | A$0.01 | semi annually | 2010-09-30 |
2010-03-11 | A$0.01 | semi annually | 2010-03-31 |
2009-09-10 | A$0.01 | semi annually | 2009-09-30 |
2009-03-11 | A$0.01 | semi annually | 2009-03-31 |
Cash Converters International Dividend per year
Cash Converters International Dividend growth
Cash Converters International Dividend Yield
Cash Converters International current trailing twelve-month (TTM) dividend yield is 8.16%. Interested in purchasing Cash Converters International stock? Use our calculator to estimate your expected dividend yield:
Cash Converters International Financial Ratios
Cash Converters International Dividend FAQ
Other factors to consider when evaluating Cash Converters International 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: Cash Converters International'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, Cash Converters International 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, Cash Converters International 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 Cash Converters International 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: Cash Converters International 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, Cash Converters International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cash Converters International 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 Cash Converters International'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 Cash Converters International'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.