Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, grey iron, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services. The company primarily serves the commercial vehicle, automotive, and other markets in the United Kingdom, Sweden, the Netherlands, Germany, rest of Europe, North and South America, and internationally. Castings P.L.C. was founded in 1835 and is based in Brownhills, the United Kingdom.
Castings Dividend Announcement
• Castings announced a quarterly dividend of £4.21 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-11-21
• Castings annual dividend for 2024 was £25.40
• Castings annual dividend for 2023 was £32.64
• Castings's trailing twelve-month (TTM) dividend yield is 9.69%
• Castings's payout ratio for the trailing twelve months (TTM) is 84.98%
• Castings's dividend growth over the last five years (2018-2023) was 17.62% year
• Castings's dividend growth over the last ten years (2013-2023) was 10.08% year
Castings Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-21 | £4.21 | quarterly | 2025-01-02 |
2024-07-18 | £14.19 | quarterly | 2024-08-23 |
2024-06-20 | £7.00 | quarterly | 2024-07-24 |
2023-11-23 | £4.13 | quarterly | 2024-01-04 |
2023-07-20 | £13.51 | quarterly | 2023-08-18 |
2023-06-22 | £15.00 | quarterly | 2023-07-26 |
2022-11-24 | £3.84 | quarterly | 2023-01-05 |
2022-07-21 | £12.57 | quarterly | 2022-08-19 |
2022-06-23 | £15.00 | quarterly | 2022-07-26 |
2021-11-25 | £3.66 | quarterly | 2022-01-06 |
2021-07-22 | £11.69 | quarterly | 2021-08-23 |
2020-11-26 | £3.57 | quarterly | 2021-01-07 |
2020-07-16 | £11.40 | quarterly | 2020-08-17 |
2019-11-21 | £3.48 | quarterly | 2020-01-02 |
2019-07-18 | £11.40 | quarterly | 2019-08-27 |
2019-06-20 | £15.00 | quarterly | 2019-07-23 |
2018-11-22 | £3.38 | quarterly | 2019-01-02 |
2018-07-12 | £11.12 | quarterly | 2018-08-17 |
2017-11-23 | £3.38 | quarterly | 2018-01-02 |
2017-07-13 | £10.59 | quarterly | 2017-08-18 |
2016-11-24 | £3.38 | quarterly | 2017-01-03 |
2016-07-14 | £10.33 | quarterly | 2016-08-19 |
2016-06-23 | £30.00 | quarterly | 2016-07-22 |
2015-11-26 | £3.38 | quarterly | 2016-01-04 |
2015-07-09 | £10.08 | quarterly | 2015-08-21 |
2014-11-27 | £3.22 | quarterly | 2015-01-02 |
2014-07-09 | £9.83 | quarterly | 2014-08-22 |
2013-11-27 | £3.13 | quarterly | 2014-01-03 |
2013-07-10 | £9.36 | quarterly | 2013-08-16 |
Castings Dividend per year
Castings Dividend growth
Castings Dividend Yield
Castings current trailing twelve-month (TTM) dividend yield is 9.69%. Interested in purchasing Castings stock? Use our calculator to estimate your expected dividend yield:
Castings Financial Ratios
Castings Dividend FAQ
Other factors to consider when evaluating Castings 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: Castings'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, Castings 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, Castings 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 Castings 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: Castings 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, Castings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Castings 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 Castings'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 Castings'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.