CENIT Aktiengesellschaft operates as an IT consultancy and software company that serves manufacturing and financial service industries. The company operates through two segments, Product Lifecycle Management (PLM) and Enterprise Information Management (EIM). It offers 3DEXPERIENCE platform for social communication, exchange, information acquisition, and visualization; CATIA for product-design, multidisciplinary construction, and systems engineering; SIMULIA for virtual simulation and optimization of multi-physical product features; ENOVIA for planning, controlling, and monitoring of engineering business processes; DELMIA for planning and simulation of production and production control and optimization; EXALEAD for aggregating and analyzing large amounts of data; 3DCS, a variation analyst suite that supports realistic analysis and simulation of virtual prototypes; and cenitFLEX+ software solution that simplifies system infrastructure management for administrators and users. The company also provides digital factory solutions; and SAP solutions comprising process management, engineering integration, platform integration, data exchanges, and master data management, as well as application management services for PLM system administration. In addition, it offers 360 degree customer communication solution; solutions for processing documents, files, and transactions; application modernization and migration solution; and planning, predictive analytics, and reporting solutions. The company was formerly known as CENIT Aktiengesellschaft Systemhaus and changed its name to CENIT Aktiengesellschaft in May 2010. CENIT Aktiengesellschaft was founded in 1988 and is headquartered in Stuttgart, Germany.
CENIT Dividend Announcement
• CENIT announced a annually dividend of €0.04 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-07
• CENIT annual dividend for 2024 was €0.04
• CENIT annual dividend for 2023 was €0.50
• CENIT's trailing twelve-month (TTM) dividend yield is 0.48%
• CENIT's payout ratio for the trailing twelve months (TTM) is 11.06%
CENIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | €0.04 | annually | 2024-06-11 |
2023-05-18 | €0.50 | annually | 2023-05-22 |
2022-05-23 | €0.75 | annually | 2022-05-25 |
2021-05-21 | €0.47 | annually | 2021-05-26 |
2019-05-27 | €0.60 | annually | 2019-05-29 |
2018-05-22 | €1.00 | annually | 2018-05-23 |
2018-05-18 | €1.00 | annually | |
2017-05-15 | €1.00 | annually | 2017-05-17 |
2016-05-09 | €1.00 | annually | 2016-05-09 |
2015-05-14 | €0.90 | annually | 2015-05-15 |
2014-05-19 | €0.35 | annually | 2014-05-19 |
2013-06-03 | €0.25 | annually | 2013-06-03 |
2012-06-07 | €0.30 | annually | 2012-06-08 |
CENIT Dividend per year
CENIT Dividend growth
CENIT Dividend Yield
CENIT current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing CENIT stock? Use our calculator to estimate your expected dividend yield:
CENIT Financial Ratios
CENIT Dividend FAQ
Other factors to consider when evaluating CENIT 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: CENIT'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, CENIT 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, CENIT 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 CENIT 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: CENIT 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, CENIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CENIT 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 CENIT'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 CENIT'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.