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 £14.19 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-07-18
• Castings annual dividend for 2024 was £21.19
• Castings annual dividend for 2023 was £32.64
• Castings's trailing twelve-month (TTM) dividend yield is 9.25%
• 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 |
|---|---|---|---|
| 2024-07-18 | £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 9.25%. Interested in purchasing Castings stock? Use our calculator to estimate your expected dividend yield:
Castings Financial Ratios
P/E ratio7.14
PEG ratio7.14
P/B ratio0.89
ROE12.83%
Payout ratio84.98%
Current ratio3.30
Quick ratio2.32
Cash Ratio0.57
Castings Dividend FAQ
How much is the next Castings dividend?
Castings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Castings dividend. The next Castings dividend will be released in June, July, or November.
When is Castings dividend paid?
Castings pays dividends on a quarterly basis. The specific dates may vary each year but are generally around June, July, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Castings pay?
The specific amount of Castings dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Castings's dividend history.
Does Castings stock pay dividends?
Yes, Castings does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Castings's dividend history.
How much dividend does Castings pay?
Castings paid £21.19 in 2024, £32.64 in 2023, £31.41 in 2022, £15.35 in 2021, and £14.97 in 2020.
How often does Castings pay dividends?
Castings typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around June, July, and November.
What is Castings's dividend yield?
The current dividend yield for Castings is 9.25%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Castings's exact dividend yield.
When does Castings go ex dividend?
Castings's ex-dividend date for the latest dividend was on 2024-07-18. Castings typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Castings dividend paid?
Castings pays dividends on a quarterly basis, typically around June, July, or November, but the exact dates can vary each year.
Will Castings increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Castings will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Castings dividend per share?
Castings paid £21.19 per share in 2024 and £32.64 per share in 2023. The amount of dividend per share that Castings pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Castings a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Castings a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Castings a dividend stock?
Yes, Castings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Castings a good dividend stock?
Whether Castings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Castings has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Castings pay dividends monthly?
Castings typically pays dividends on a quarterly basis.
Does Castings pay dividends quarterly?
Castings currently pays dividends on a quarterly basis.
Has Castings ever paid a dividend?
Yes, Castings has a history of paying dividends to its shareholders. Castings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Castings dividend stocks?
To buy Castings you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Castings stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Castings stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Castings pay dividends 2024?
Castings pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Castings increase its dividend in 2024?
Decisions regarding Castings dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Castings dividend overview you can look into the above table of dividend history.
How Castings dividend works?
The Castings dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Castings's dividend process works:
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. 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.
How are Castings dividends paid?
Castings dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Castings pay dividends?
Castings typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Castings pay dividends?
The general pattern is that Castings pays dividends around June, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Castings dividend safe?
The safety of Castings's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.