ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. It offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, immobility, and venous disease, as well as from traumatic injury, burns, invasive surgery, and other causes. The company also provides devices, accessories, and services for people with a stoma resulting from colorectal cancer, inflammatory bowel disease, bladder cancer, obesity, and other causes. In addition, it offers continence and critical care products, including intermittent urinary catheters; and products for people with urinary continence issues related to spinal cord injuries, multiple sclerosis, spina bifida, and other urological disorders, as well as devices and products used in intensive care units and hospital settings. Further, the company provides advanced systems for managing acute fecal incontinence, as well as for monitoring urine production output and intra-abdominal pressure; and various disposable medical devices, such as wound drainage systems, urine collection bags and catheters, airway management and oxygen/aerosol therapy devices, suction handles and tubes, gastroenterology tubes, and securement devices. Additionally, it offers disposable infusion sets to manufacturers of insulin pumps for diabetes, as well as similar pumps that are used in continuous infusion treatments for other conditions; and various products to hospital and home healthcare markets. The company sells its products to pharmacies, hospitals, and other acute and post-acute healthcare service providers directly or through distributors and wholesalers. It serves a range of customers, including healthcare providers, patients, and manufacturers. The company was founded in 1978 and is headquartered in Reading, the United Kingdom.
ConvaTec Dividend Announcement
• ConvaTec announced a semi annually dividend of $0.07 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-08-23
• ConvaTec annual dividend for 2024 was $0.25
• ConvaTec annual dividend for 2023 was $0.25
• ConvaTec's trailing twelve-month (TTM) dividend yield is 2.11%
• ConvaTec's payout ratio for the trailing twelve months (TTM) is 65.88%
• ConvaTec's dividend growth over the last five years (2018-2023) was 0.96% year
ConvaTec Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-23 | $0.07 | semi annually | 2024-10-21 |
| 2024-04-25 | $0.18 | semi annually | 2024-06-07 |
| 2023-08-17 | $0.07 | semi annually | 2023-10-13 |
| 2023-04-10 | $0.18 | semi annually | 2023-06-09 |
| 2022-08-25 | $0.06 | semi annually | 2022-10-21 |
| 2022-03-31 | $0.16 | semi annually | 2022-06-03 |
| 2021-09-02 | $0.07 | semi annually | 2021-10-28 |
| 2021-04-05 | $0.16 | semi annually | 2021-05-27 |
| 2020-09-03 | $0.07 | semi annually | 2020-10-29 |
| 2020-04-02 | $0.15 | semi annually | 2020-05-29 |
| 2019-09-05 | $0.07 | semi annually | 2019-10-31 |
| 2019-04-04 | $0.16 | semi annually | 2019-05-31 |
| 2018-09-06 | $0.07 | semi annually | 2018-10-26 |
| 2018-04-05 | $0.17 | semi annually | 2018-05-31 |
| 2017-09-07 | $0.06 | semi annually | 2017-11-03 |
ConvaTec Dividend per year
ConvaTec Dividend growth
ConvaTec Dividend Yield
ConvaTec current trailing twelve-month (TTM) dividend yield is 2.11%. Interested in purchasing ConvaTec stock? Use our calculator to estimate your expected dividend yield:
ConvaTec Financial Ratios
P/E ratio129.94
PEG ratio-10.14
P/B ratio14.91
ROE11.35%
Payout ratio65.88%
Current ratio2.26
Quick ratio1.27
Cash Ratio0.25
ConvaTec Dividend FAQ
How much is the next ConvaTec dividend?
ConvaTec's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ConvaTec dividend. The next ConvaTec dividend will be released in April, or August.
When is ConvaTec dividend paid?
ConvaTec pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and August. 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 ConvaTec pay?
The specific amount of ConvaTec 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 ConvaTec's dividend history.
Does ConvaTec stock pay dividends?
Yes, ConvaTec 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 ConvaTec's dividend history.
How much dividend does ConvaTec pay?
ConvaTec paid $0.252 in 2024, $0.247 in 2023, $0.221 in 2022, $0.227 in 2021, and $0.218 in 2020.
How often does ConvaTec pay dividends?
ConvaTec typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and August.
What is ConvaTec's dividend yield?
The current dividend yield for ConvaTec is 2.11%. 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 ConvaTec's exact dividend yield.
When does ConvaTec go ex dividend?
ConvaTec's ex-dividend date for the latest dividend was on 2024-08-23. ConvaTec 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 ConvaTec dividend paid?
ConvaTec pays dividends on a semi annually basis, typically around April, or August, but the exact dates can vary each year.
Will ConvaTec 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 ConvaTec 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 ConvaTec dividend per share?
ConvaTec paid $0.252 per share in 2024 and $0.247 per share in 2023. The amount of dividend per share that ConvaTec 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 ConvaTec 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 ConvaTec 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 ConvaTec a dividend stock?
Yes, ConvaTec is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ConvaTec a good dividend stock?
Whether ConvaTec is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ConvaTec has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating ConvaTec 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 ConvaTec 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 ConvaTec pay dividends monthly?
ConvaTec typically pays dividends on a semi annually basis.
Does ConvaTec pay dividends quarterly?
ConvaTec currently pays dividends on a semi annually basis.
Has ConvaTec ever paid a dividend?
Yes, ConvaTec has a history of paying dividends to its shareholders. ConvaTec is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ConvaTec dividend stocks?
To buy ConvaTec 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 ConvaTec 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 ConvaTec 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 ConvaTec pay dividends 2024?
ConvaTec pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-21. 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 ConvaTec increase its dividend in 2024?
Decisions regarding ConvaTec 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 ConvaTec dividend overview you can look into the above table of dividend history.
How ConvaTec dividend works?
The ConvaTec 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 ConvaTec's dividend process works:
1. Determination of Dividend: ConvaTec'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, ConvaTec 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, ConvaTec 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 ConvaTec 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: ConvaTec'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, ConvaTec 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, ConvaTec 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 ConvaTec 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 ConvaTec dividends paid?
ConvaTec dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: ConvaTec 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, ConvaTec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ConvaTec 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: ConvaTec 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, ConvaTec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ConvaTec 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 ConvaTec pay dividends?
ConvaTec typically pays dividends on a semi 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 ConvaTec pay dividends?
The general pattern is that ConvaTec pays dividends around April, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is ConvaTec dividend safe?
The safety of ConvaTec'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 ConvaTec'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 ConvaTec'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 ConvaTec'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 ConvaTec'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.