Coral Products plc, together with its subsidiaries, manufactures and sells plastic injection, extruded, vacuum formed, fabricated products in the United Kingdom, rest of Europe, and internationally. The company also resells and distributes a range of trigger sprays and nozzles; and designs, packages, and distributes lotion pumps, trigger sprays, and aerosol caps, as well as operates as a trade molder for other U.K. companies. It serves the personal care, household, healthcare, automotive, telecoms, and rail sectors, as well as extrusion profiles, customized packaging, and cosmetics. The company was incorporated in 1989 and is based in Wythenshawe, the United Kingdom.
Coral Products Dividend Announcement
• Coral Products announced a quarterly dividend of £0.25 per ordinary share which will be made payable on 2025-01-17. Ex dividend date: 2024-12-12
• Coral Products annual dividend for 2024 was £1.00
• Coral Products annual dividend for 2023 was £0.60
• Coral Products's trailing twelve-month (TTM) dividend yield is 10.67%
• Coral Products's payout ratio for the trailing twelve months (TTM) is -58.53%
Coral Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | £0.25 | quarterly | 2025-01-17 |
2024-07-25 | £0.25 | quarterly | 2024-08-23 |
2024-02-01 | £0.50 | quarterly | 2024-02-29 |
2023-11-02 | £0.60 | quarterly | 2023-11-30 |
2022-11-10 | £0.50 | quarterly | 2022-12-16 |
2022-11-03 | £0.20 | quarterly | |
2022-05-12 | £0.40 | quarterly | 2022-06-01 |
2021-11-11 | £0.50 | quarterly | 2021-12-03 |
2021-05-13 | £0.50 | quarterly | 2021-05-28 |
2019-02-14 | £0.25 | quarterly | 2019-03-28 |
2018-11-08 | £0.25 | quarterly | 2018-12-20 |
2017-09-21 | £0.37 | quarterly | 2017-10-31 |
2017-01-19 | £0.33 | quarterly | 2017-03-01 |
2016-09-08 | £0.70 | quarterly | 2016-10-14 |
2016-01-21 | £0.30 | quarterly | 2016-03-01 |
2015-08-06 | £0.50 | quarterly | 2015-10-30 |
2015-03-19 | £0.20 | quarterly | 2015-04-30 |
2014-07-23 | £0.50 | quarterly | 2014-10-17 |
2013-07-17 | £0.50 | quarterly | 2013-10-17 |
2012-07-25 | £0.50 | quarterly | 2012-10-15 |
Coral Products Dividend per year
Coral Products Dividend growth
Coral Products Dividend Yield
Coral Products current trailing twelve-month (TTM) dividend yield is 10.67%. Interested in purchasing Coral Products stock? Use our calculator to estimate your expected dividend yield:
Coral Products Financial Ratios
Coral Products Dividend FAQ
Other factors to consider when evaluating Coral Products 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: Coral Products'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, Coral Products 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, Coral Products 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 Coral Products 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: Coral Products 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, Coral Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Coral Products 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 Coral Products'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 Coral Products'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.