Clover Corporation Limited refines and sells natural oils in Australia, New Zealand, Asia, Europe, and the Americas. It also engages in the production of encapsulated products; and research and product development of functional food and infant nutrition ingredients. In addition, the company offers Nu-Mega Hi docosahexaenoic tuna oils for use in infant formula and pharmaceutical products; Ocean Gold refined tuna oils; Nu-Mega Driphorm powders that are used in a range of infant formula, follow-on formula, growing up milks, and food applications; and Nu-Mega Driphorm HA for non-dairy applications. Further, it provides products in the areas of active living-immune system and sports, healthy livingbrain and heart, and starting out-infant and child. The company was incorporated in 1988 and is headquartered in Altona North, Australia.
Clover Dividend Announcement
• Clover announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-11-18. Ex dividend date: 2024-10-21
• Clover annual dividend for 2024 was A$0.01
• Clover annual dividend for 2023 was A$0.01
• Clover's trailing twelve-month (TTM) dividend yield is 1.7%
• Clover's payout ratio for the trailing twelve months (TTM) is 82.64%
• Clover's dividend growth over the last five years (2018-2023) was -3.04% year
• Clover's dividend growth over the last ten years (2013-2023) was -2.84% year
Clover Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | A$0.01 | semi annually | 2024-11-18 |
2023-10-30 | A$0.01 | semi annually | 2023-11-20 |
2023-04-05 | A$0.01 | semi annually | 2023-04-27 |
2022-10-25 | A$0.01 | semi annually | 2022-11-22 |
2022-04-06 | A$0.01 | semi annually | 2022-04-28 |
2021-10-25 | A$0.01 | semi annually | 2021-11-16 |
2021-04-07 | A$0.01 | semi annually | 2021-04-29 |
2020-10-27 | A$0.03 | semi annually | 2020-11-18 |
2019-10-29 | A$0.02 | semi annually | 2019-11-20 |
2019-04-08 | A$0.01 | semi annually | 2019-04-30 |
2018-10-29 | A$0.01 | semi annually | 2018-11-20 |
2018-04-09 | A$0.01 | semi annually | 2018-05-01 |
2017-10-27 | A$0.01 | semi annually | 2017-11-20 |
2017-04-10 | A$0.00 | semi annually | 2017-05-01 |
2016-10-27 | A$0.01 | semi annually | 2016-11-21 |
2016-04-11 | A$0.00 | semi annually | 2016-05-02 |
2015-10-28 | A$0.01 | semi annually | 2015-11-20 |
2014-10-29 | A$0.01 | semi annually | 2014-11-20 |
2014-04-16 | A$0.01 | semi annually | 2014-04-30 |
2013-10-25 | A$0.01 | semi annually | 2013-11-21 |
2013-04-16 | A$0.01 | semi annually | 2013-04-30 |
Clover Dividend per year
Clover Dividend growth
Clover Dividend Yield
Clover current trailing twelve-month (TTM) dividend yield is 1.7%. Interested in purchasing Clover stock? Use our calculator to estimate your expected dividend yield:
Clover Financial Ratios
Clover Dividend FAQ
Other factors to consider when evaluating Clover 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: Clover'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, Clover 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, Clover 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 Clover 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: Clover 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, Clover distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Clover 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 Clover'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 Clover'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.