COSOL Limited, together with its subsidiaries, provides information technology services in Australia. It utilizes proprietary software and services to deliver solutions for clients operating in asset-intensive industries with a focus on resource and capital-intensive enterprise asset management and infrastructure-focused systems. The company also provides digital business solutions, including business process and strategic reviews; data migration; and ongoing support services to clients, as well as implements enterprise resource planning/enterprise asset management solutions. It serves mining, utilities, public infrastructure, and defense industries. The company was incorporated in 2019 and is headquartered in Spring Hill, Australia.
COSOL Dividend Announcement
• COSOL announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-11-04. Ex dividend date: 2024-10-16
• COSOL annual dividend for 2024 was A$0.02
• COSOL annual dividend for 2023 was A$0.02
• COSOL's trailing twelve-month (TTM) dividend yield is 2.6%
• COSOL's payout ratio for the trailing twelve months (TTM) is 50.51%
COSOL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | A$0.01 | semi annually | 2024-11-04 |
2024-04-11 | A$0.01 | semi annually | |
2023-10-19 | A$0.01 | semi annually | 2023-11-06 |
2023-04-11 | A$0.01 | semi annually | 2023-05-12 |
2022-10-07 | A$0.01 | semi annually | 2022-11-07 |
2022-03-30 | A$0.01 | semi annually | 2022-04-14 |
2021-09-30 | A$0.01 | semi annually | 2021-10-29 |
2021-03-30 | A$0.01 | semi annually | 2021-04-15 |
COSOL Dividend per year
COSOL Dividend growth
COSOL Dividend Yield
COSOL current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing COSOL stock? Use our calculator to estimate your expected dividend yield:
COSOL Financial Ratios
COSOL Dividend FAQ
Other factors to consider when evaluating COSOL 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: COSOL'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, COSOL 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, COSOL 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 COSOL 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: COSOL 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, COSOL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: COSOL 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 COSOL'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 COSOL'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.