COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantees. In addition, the company offers business information services through its ICON portal. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. The company was founded in 1946 and is headquartered in Bois-Colombes, France.
COFACE Dividend Announcement
• COFACE announced a annually dividend of €1.30 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-22
• COFACE annual dividend for 2024 was €1.30
• COFACE annual dividend for 2023 was €1.52
• COFACE's trailing twelve-month (TTM) dividend yield is 8.78%
• COFACE's payout ratio for the trailing twelve months (TTM) is 76.53%
COFACE Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-22 | €1.30 | annually | 2024-05-24 |
| 2023-05-22 | €1.52 | annually | 2023-05-24 |
| 2022-05-20 | €1.50 | annually | 2022-05-24 |
| 2021-05-19 | €0.55 | annually | 2021-05-21 |
| 2019-05-22 | €0.79 | annually | 2019-05-24 |
| 2018-05-24 | €0.34 | annually | 2018-05-28 |
| 2017-05-22 | €0.13 | annually | 2017-05-24 |
| 2016-05-25 | €0.48 | annually | 2016-05-27 |
| 2015-05-27 | €0.48 | annually | 2015-05-29 |
COFACE Dividend per year
COFACE Dividend growth
COFACE Dividend Yield
COFACE current trailing twelve-month (TTM) dividend yield is 8.78%. Interested in purchasing COFACE stock? Use our calculator to estimate your expected dividend yield:
COFACE Financial Ratios
P/E ratio8.71
PEG ratio1.84
P/B ratio1.10
ROE12.45%
Payout ratio76.53%
Current ratio2.80
Quick ratio2.80
Cash Ratio1.10
COFACE Dividend FAQ
How much is the next COFACE dividend?
COFACE's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next COFACE dividend. The next COFACE dividend will be released in May.
When is COFACE dividend paid?
COFACE pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does COFACE pay?
The specific amount of COFACE dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find COFACE's dividend history.
Does COFACE stock pay dividends?
Yes, COFACE does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find COFACE's dividend history.
How much dividend does COFACE pay?
COFACE paid €1.3 in 2024, €1.52 in 2023, €1.5 in 2022, €0.55 in 2021, and €0.0 in 2020.
How often does COFACE pay dividends?
COFACE typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is COFACE's dividend yield?
The current dividend yield for COFACE is 8.78%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate COFACE's exact dividend yield.
When does COFACE go ex dividend?
COFACE's ex-dividend date for the latest dividend was on 2024-05-22. COFACE typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next COFACE dividend paid?
COFACE pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will COFACE increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether COFACE will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is COFACE dividend per share?
COFACE paid €1.3 per share in 2024 and €1.52 per share in 2023. The amount of dividend per share that COFACE pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is COFACE a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is COFACE a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is COFACE a dividend stock?
Yes, COFACE is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is COFACE a good dividend stock?
Whether COFACE is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. COFACE has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating COFACE 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.
Other factors to consider when evaluating COFACE 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.
Does COFACE pay dividends monthly?
COFACE typically pays dividends on a annually basis.
Does COFACE pay dividends quarterly?
COFACE currently pays dividends on a annually basis.
Has COFACE ever paid a dividend?
Yes, COFACE has a history of paying dividends to its shareholders. COFACE is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy COFACE dividend stocks?
To buy COFACE you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy COFACE stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy COFACE stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does COFACE pay dividends 2024?
COFACE pays dividends on a annually basis. 2024 dividend payments are in 2024-05-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will COFACE increase its dividend in 2024?
Decisions regarding COFACE dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date COFACE dividend overview you can look into the above table of dividend history.
How COFACE dividend works?
The COFACE dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how COFACE's dividend process works:
1. Determination of Dividend: COFACE'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, COFACE 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, COFACE 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 COFACE 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. Determination of Dividend: COFACE'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, COFACE 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, COFACE 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 COFACE 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.
How are COFACE dividends paid?
COFACE dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: COFACE 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, COFACE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: COFACE 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.
1. Record Date: COFACE 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, COFACE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: COFACE 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.
How many times does COFACE pay dividends?
COFACE typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does COFACE pay dividends?
The general pattern is that COFACE pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is COFACE dividend safe?
The safety of COFACE's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of COFACE'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 COFACE'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.
To assess the safety of COFACE'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 COFACE'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.