Chemring Group PLC supplies countermeasures, sensors, and energetic solutions to aerospace, defense, and security industries in the United States, the United Kingdom, Norway, Australia, and internationally. The company operates through two segments, Sensors & Information and Countermeasures & Energetics. The Sensors & Information segment develops and manufactures explosive hazard detection equipment; chemical and biological threat detection equipment; and electronic countermeasures, as well as network protection technologies. The Countermeasures & Energetics segment offers expendable countermeasures for air, sea, and land platforms; cartridge/propellant actuated devices; pyrotechnic devices for satellite launch and deployment; missile components; separation sub-systems; actuators; and energetic materials, as well as aircrew egress and safety systems. Chemring Group PLC was incorporated in 1905 and is headquartered in Romsey, the United Kingdom.
Chemring Dividend Announcement
• Chemring announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-08-16
• Chemring annual dividend for 2024 was $0.09
• Chemring annual dividend for 2023 was $0.08
• Chemring's trailing twelve-month (TTM) dividend yield is 1.47%
• Chemring's payout ratio for the trailing twelve months (TTM) is 612.90%
• Chemring's dividend growth over the last five years (2018-2023) was 12.42% year
• Chemring's dividend growth over the last ten years (2013-2023) was -4.25% year
Chemring Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | $0.03 | semi annually | 2024-09-23 |
2024-03-21 | $0.06 | semi annually | 2024-04-29 |
2023-08-17 | $0.03 | semi annually | 2023-09-25 |
2023-03-23 | $0.05 | semi annually | 2023-05-01 |
2022-08-18 | $0.02 | semi annually | 2022-09-26 |
2022-03-10 | $0.04 | semi annually | 2022-04-15 |
2021-08-19 | $0.02 | semi annually | 2021-09-27 |
2021-04-05 | $0.04 | semi annually | 2021-05-10 |
2020-08-20 | $0.02 | semi annually | 2020-09-25 |
2020-04-02 | $0.03 | semi annually | 2020-05-11 |
2019-08-29 | $0.01 | semi annually | 2019-09-30 |
2019-04-04 | $0.03 | semi annually | 2019-05-03 |
2018-08-30 | $0.01 | semi annually | 2018-10-01 |
2018-04-05 | $0.03 | semi annually | 2018-05-07 |
2017-04-26 | $0.02 | semi annually | 2017-06-02 |
2016-02-25 | $0.17 | semi annually | |
2015-09-02 | $0.04 | semi annually | |
2015-04-15 | $0.03 | semi annually | |
2014-07-23 | $0.04 | semi annually | |
2014-04-17 | $0.06 | semi annually | |
2013-07-24 | $0.05 | semi annually | |
2013-04-17 | $0.06 | semi annually |
Chemring Dividend per year
Chemring Dividend growth
Chemring Dividend Yield
Chemring current trailing twelve-month (TTM) dividend yield is 1.47%. Interested in purchasing Chemring stock? Use our calculator to estimate your expected dividend yield:
Chemring Financial Ratios
Chemring Dividend FAQ
Other factors to consider when evaluating Chemring 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: Chemring'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, Chemring 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, Chemring 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 Chemring 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: Chemring 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, Chemring distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chemring 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 Chemring'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 Chemring'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.