Cavotec SA, an engineering group, designs, manufactures, and sells automated connection and electrification systems for ports, airports, and industrial applications worldwide. The company operates in two segments, Ports & Maritime and Industry. It offers electrification solutions, including motorized and spring driven cable reels, human operator interface systems, radio remote controls, power connectors, slip rings for cranes, energy, forestry, industrial production, mining and tunnelling, processing, and transportation applications; power connection systems; and truck, crane, ship electrification, e-vessel charging, and automated mooring systems, as well as develops automation and electrification technologies for ports, terminals, and other marine applications. The company also provides electrification solutions for surface and underground mining, cranes, energy, processing, and transportation solutions, as well as e-vehicles, including electrification of passenger ships. In addition, it offers installation, commissioning, training, inspection, and repairs, preventive maintenance, long-term service agreement, remanufacturing, and upgradation services. Cavotec SA was incorporated in 1974 and is headquartered in Lugano, Switzerland.
Cavotec Dividend Announcement
• Cavotec announced a annually dividend of kr0.02 per ordinary share which will be made payable on 2018-07-11. Ex dividend date: 2018-07-05
• Cavotec's trailing twelve-month (TTM) dividend yield is -%
Cavotec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-07-05 | kr0.02 | annually | 2018-07-11 |
2017-06-09 | kr0.05 | annually | 2017-06-20 |
2015-07-01 | kr0.05 | annually | |
2014-07-02 | kr0.05 | annually | |
2013-04-24 | kr0.05 | annually | |
2012-05-07 | kr0.02 | annually |
Cavotec Dividend per year
Cavotec Dividend growth
Cavotec Dividend Yield
Cavotec current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cavotec stock? Use our calculator to estimate your expected dividend yield:
Cavotec Financial Ratios
Cavotec Dividend FAQ
Other factors to consider when evaluating Cavotec 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: Cavotec'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, Cavotec 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, Cavotec 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 Cavotec 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: Cavotec 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, Cavotec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cavotec 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 Cavotec'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 Cavotec'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.