COG Financial Services Limited, together with its subsidiaries, engages in equipment financing and broking, aggregation, insurance broking, and novated leasing activities in Australia. The company operates through three segments: Finance Broking and Aggregation; Funds Management and Lending; and All Other/Intersegment. It also provides management of investment funds; provides financing arrangements to commercial customers for essential business assets; and managed IT services. The company was formerly known as Consolidated Operations Group Limited and changed its name to COG Financial Services Limited in November 2020. COG Financial Services Limited was incorporated in 2002 and is based in Chatswood, Australia.
COG Financial Services Dividend Announcement
• COG Financial Services announced a semi annually dividend of A$0.04 per ordinary share which will be made payable on 2024-10-02. Ex dividend date: 2024-09-02
• COG Financial Services annual dividend for 2024 was A$0.08
• COG Financial Services annual dividend for 2023 was A$0.08
• COG Financial Services's trailing twelve-month (TTM) dividend yield is 8.57%
• COG Financial Services's payout ratio for the trailing twelve months (TTM) is 4.33%
COG Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-02 | A$0.04 | semi annually | 2024-10-02 |
2024-03-11 | A$0.04 | semi annually | |
2023-09-20 | A$0.05 | semi annually | 2023-10-20 |
2023-03-15 | A$0.04 | semi annually | 2023-04-18 |
2022-09-21 | A$0.05 | semi annually | 2022-10-21 |
2022-03-24 | A$0.04 | semi annually | 2022-04-28 |
2021-09-22 | A$0.06 | semi annually | 2021-10-22 |
2021-03-25 | A$0.00 | semi annually | 2021-04-26 |
2020-09-23 | A$0.00 | semi annually | 2020-10-23 |
2007-05-04 | A$0.04 | semi annually | 2007-05-31 |
2006-10-09 | A$0.04 | semi annually | 2006-10-31 |
2006-05-04 | A$0.04 | semi annually | 2006-05-31 |
2005-10-07 | A$0.04 | semi annually | 2005-10-28 |
2005-04-11 | A$0.04 | semi annually | 2005-05-02 |
2004-09-08 | A$0.04 | semi annually | 2004-09-28 |
2004-03-25 | A$0.03 | semi annually | |
2003-11-06 | A$0.01 | semi annually | 2003-12-17 |
COG Financial Services Dividend per year
COG Financial Services Dividend growth
COG Financial Services Dividend Yield
COG Financial Services current trailing twelve-month (TTM) dividend yield is 8.57%. Interested in purchasing COG Financial Services stock? Use our calculator to estimate your expected dividend yield:
COG Financial Services Financial Ratios
COG Financial Services Dividend FAQ
Other factors to consider when evaluating COG Financial Services 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: COG Financial Services'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, COG Financial Services 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, COG Financial Services 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 COG Financial Services 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: COG Financial Services 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, COG Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: COG Financial Services 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 COG Financial Services'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 COG Financial Services'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.