Conrad Industries, Inc. engages in the construction, conversion, and repair of various steel and aluminum marine vessels in the United States. The company builds harbor tugs; specialty barges, such as crane, deck, ABS class, dry bulk cargo, aggregate, and well stim barges; inland tank, LPG inland tank, LPG pressure, LPG tank, and DS tank barges; and offshore support vessels, including liftboats, crew boats, offshore supply vessels, and offshore tugs, as well as other support equipment, such as deck and crane barges. It also builds inland pushboats comprising inland towboats, inland river push boats, and towboats; and ferries, which consist of passenger, and passenger and vehicle ferries. In addition, the company offers repairs and conversions, including electrical, mechanical, propulsion, and hull repairs to large-scale conversions of ships and barges; and engages in the fabrication of modular components for offshore floating production, storage, and offloading vessels, as well as drilling rigs. The company was founded in 1948 and is headquartered in Morgan City, Louisiana.
Conrad Industries Dividend Announcement
• Conrad Industries announced a quarterly dividend of $0.10 per ordinary share which will be made payable on . Ex dividend date: 2016-11-18
• Conrad Industries's trailing twelve-month (TTM) dividend yield is -%
Conrad Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-11-18 | $0.10 | quarterly | |
2016-08-23 | $0.10 | quarterly | 2016-09-15 |
2016-05-20 | $0.10 | quarterly | 2016-06-14 |
2016-03-24 | $0.10 | quarterly | 2016-04-12 |
2015-11-20 | $0.25 | quarterly | 2015-12-15 |
2015-08-25 | $0.25 | quarterly | 2015-09-17 |
2015-05-21 | $0.25 | quarterly | 2015-06-16 |
2015-03-20 | $0.25 | quarterly | 2015-04-14 |
2014-12-19 | $1.00 | quarterly | |
2013-11-29 | $2.00 | quarterly | |
2012-12-20 | $2.00 | quarterly |
Conrad Industries Dividend per year
Conrad Industries Dividend growth
Conrad Industries Dividend Yield
Conrad Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Conrad Industries stock? Use our calculator to estimate your expected dividend yield:
Conrad Industries Financial Ratios
Conrad Industries Dividend FAQ
Other factors to consider when evaluating Conrad Industries 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: Conrad Industries'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, Conrad Industries 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, Conrad Industries 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 Conrad Industries 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: Conrad Industries 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, Conrad Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Conrad Industries 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 Conrad Industries'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 Conrad Industries'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.