Coats Group plc, together with its subsidiaries, manufactures and supplies industrial threads worldwide. The company provides apparel and footwear, and accessories threads for sport/athleisure, denim, women wear, menswear, children's wear, leather wear, workwear, footwear, and intimates and underwear under Epic, Dual Duty, Seamsoft, Nylbond, Gral, Gramax, Astra, Sylko, Knit, EcoVerde, Eloflex, and Drybond brands; zips, trims, and crafting's for use in zips, interlinings, reflective tapes, and crafting products under Opti, Signal, and Connect brands; and software solutions that enables supply chain productivity gains and enhances supply and facilitating compliance under Coats Digital, FastReactPlan, VisionPLM, GSDCost, Intellocut, and Intellobuy. It also offers performance materials comprising fire retardant and cut resistant threads and yarns for personal protection sectors under Firefly, FlamePro, and Armoren brands; composites for telecommunications and energy, automotive, and footwear sectors under Gotex, Synergex, Lattice, Ultrabloc, Aptan XU, Gral Binder, and Protos Ripcord brands; and performance threads and yarns for the automotive, and household and recreation industries, as well as other technical industrial applications under Gral, Helios, Gral Quilt, Protos Fil, Epic, Gramax, Admiral, and Neophil brands. The company was formerly known as Guinness Peat Group plc and changed its name to Coats Group plc in March 2015. Coats Group plc was incorporated in 1909 and is headquartered in Uxbridge, the United Kingdom.
Coats Dividend Announcement
• Coats announced a semi annually dividend of £0.71 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-10-17
• Coats annual dividend for 2024 was £2.31
• Coats annual dividend for 2023 was £2.05
• Coats's trailing twelve-month (TTM) dividend yield is 2.39%
• Coats's payout ratio for the trailing twelve months (TTM) is 29.96%
• Coats's dividend growth over the last five years (2018-2023) was 12.74% year
Coats Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-17 | £0.71 | semi annually | 2024-11-14 |
2024-05-02 | £1.59 | semi annually | 2024-05-30 |
2023-10-19 | £0.67 | semi annually | 2023-11-15 |
2023-04-27 | £1.39 | semi annually | 2023-05-25 |
2022-10-20 | £0.70 | semi annually | 2022-11-16 |
2022-04-28 | £1.20 | semi annually | 2022-05-25 |
2021-10-21 | £0.44 | semi annually | 2021-11-16 |
2021-04-29 | £0.93 | semi annually | 2021-05-25 |
2020-04-30 | £1.04 | semi annually | 2020-05-26 |
2019-10-24 | £0.43 | semi annually | 2019-11-15 |
2019-05-02 | £0.89 | semi annually | 2019-05-28 |
2018-10-25 | £0.39 | semi annually | 2018-11-16 |
2018-05-03 | £0.74 | semi annually | 2018-05-29 |
2017-10-26 | £0.33 | semi annually | 2017-11-17 |
2017-05-04 | £0.65 | semi annually | 2017-05-30 |
2011-09-07 | £0.72 | semi annually | 2011-10-25 |
2010-03-10 | £0.66 | semi annually | 2010-05-17 |
2009-03-11 | £0.72 | semi annually | 2009-05-18 |
2008-03-05 | £0.50 | semi annually | 2008-05-19 |
Coats Dividend per year
Coats Dividend growth
Coats Dividend Yield
Coats current trailing twelve-month (TTM) dividend yield is 2.39%. Interested in purchasing Coats stock? Use our calculator to estimate your expected dividend yield:
Coats Financial Ratios
Coats Dividend FAQ
Other factors to consider when evaluating Coats 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: Coats'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, Coats 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, Coats 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 Coats 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: Coats 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, Coats distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Coats 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 Coats'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 Coats'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.