Corticeira Amorim, S.G.P.S., S.A. manufactures and sells cork and cork related products worldwide. The company operates through Raw Materials, Cork Stoppers, Floor and Wall Coverings, Composite Cork, and Insulation Cork segments. It offers cork raw materials; cork stoppers for sparkling wine, spirit, beer, and cider industries; and cork wall and floor coverings. The company also provides cork composite solutions to use in various applications, such as aerospace, mobility, energy, sealing, construction, sports surfaces, flooring, home, office and leisure goods, footwear, panels, and composites. In addition, it offers insulation cork materials to use in sustainable insulation/construction, and interior and exterior designing. The company was founded in 1870 and is headquartered in Mozelos, Portugal.
Corticeira Amorim Dividend Announcement
• Corticeira Amorim announced a semi annually dividend of €0.20 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• Corticeira Amorim annual dividend for 2024 was €0.20
• Corticeira Amorim annual dividend for 2023 was €0.29
• Corticeira Amorim's trailing twelve-month (TTM) dividend yield is 3.42%
• Corticeira Amorim's payout ratio for the trailing twelve months (TTM) is 52.07%
• Corticeira Amorim's dividend growth over the last five years (2018-2023) was 1.44% year
• Corticeira Amorim's dividend growth over the last ten years (2013-2023) was 6.13% year
Corticeira Amorim Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.20 | semi annually | 2024-05-22 |
2023-12-18 | €0.09 | semi annually | 2023-12-20 |
2023-05-11 | €0.20 | semi annually | 2023-05-15 |
2022-12-19 | €0.09 | semi annually | 2022-12-21 |
2022-05-11 | €0.20 | semi annually | 2022-05-13 |
2021-12-22 | €0.09 | semi annually | 2021-12-22 |
2021-12-20 | €0.09 | semi annually | |
2021-05-13 | €0.18 | semi annually | 2021-05-17 |
2020-07-16 | €0.18 | semi annually | 2020-07-20 |
2019-12-17 | €0.09 | semi annually | 2019-12-19 |
2019-04-26 | €0.18 | semi annually | 2019-04-30 |
2018-12-17 | €0.09 | semi annually | 2018-12-19 |
2018-04-26 | €0.18 | semi annually | 2018-04-30 |
2017-12-12 | €0.08 | semi annually | 2017-12-14 |
2017-04-24 | €0.18 | semi annually | 2017-04-26 |
2016-12-14 | €0.08 | semi annually | 2016-12-16 |
2016-04-26 | €0.16 | semi annually | 2016-04-28 |
2015-11-26 | €0.24 | semi annually | 2015-11-30 |
2015-04-16 | €0.14 | semi annually | 2015-04-20 |
2014-12-11 | €0.07 | semi annually | 2014-12-15 |
2014-04-16 | €0.12 | semi annually | 2014-04-23 |
2013-12-16 | €0.06 | semi annually | 2013-12-19 |
2013-04-25 | €0.10 | semi annually | 2013-04-30 |
Corticeira Amorim Dividend per year
Corticeira Amorim Dividend growth
Corticeira Amorim Dividend Yield
Corticeira Amorim current trailing twelve-month (TTM) dividend yield is 3.42%. Interested in purchasing Corticeira Amorim stock? Use our calculator to estimate your expected dividend yield:
Corticeira Amorim Financial Ratios
Corticeira Amorim Dividend FAQ
Other factors to consider when evaluating Corticeira Amorim 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: Corticeira Amorim'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, Corticeira Amorim 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, Corticeira Amorim 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 Corticeira Amorim 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: Corticeira Amorim 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, Corticeira Amorim distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Corticeira Amorim 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 Corticeira Amorim'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 Corticeira Amorim'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.