Credit Corp Group Limited provides debt ledger purchase and collection, and consumer lending services in Australia and the United States. The company operates through three segments: Debt Ledger Purchasing Australia and New Zealand; Debt Ledger Purchasing United States; and Consumer Lending Australia, New Zealand and the United States. The company offers debt sale, contingency and agency collection, local government debt recovery, and hardship and insolvency management services, as well as various loan products. It provides financial services under the Wallet Wizard, ClearCash, CarStart Finance, Resolvr, and Wizpay brands. The company was founded in 1992 and is headquartered in Sydney, Australia.
Credit Corp Dividend Announcement
• Credit Corp announced a semi annually dividend of A$0.23 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-16
• Credit Corp annual dividend for 2024 was A$0.38
• Credit Corp annual dividend for 2023 was A$0.70
• Credit Corp's trailing twelve-month (TTM) dividend yield is 2.18%
• Credit Corp's payout ratio for the trailing twelve months (TTM) is 83.18%
• Credit Corp's dividend growth over the last five years (2018-2023) was 0.88% year
• Credit Corp's dividend growth over the last ten years (2013-2023) was 6.58% year
Credit Corp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | A$0.23 | semi annually | 2024-09-27 |
2024-03-19 | A$0.15 | semi annually | |
2023-09-18 | A$0.47 | semi annually | 2023-09-29 |
2023-03-21 | A$0.23 | semi annually | 2023-03-31 |
2022-09-01 | A$0.36 | semi annually | 2022-09-12 |
2022-02-28 | A$0.38 | semi annually | 2022-03-11 |
2021-08-30 | A$0.36 | semi annually | 2021-09-10 |
2021-03-01 | A$0.36 | semi annually | 2021-03-12 |
2020-03-02 | A$0.36 | semi annually | 2020-03-13 |
2019-08-19 | A$0.36 | semi annually | 2019-08-30 |
2019-03-04 | A$0.36 | semi annually | 2019-03-15 |
2018-10-01 | A$0.36 | semi annually | 2018-10-12 |
2018-03-05 | A$0.31 | semi annually | 2018-03-16 |
2017-11-07 | A$0.31 | semi annually | 2017-11-17 |
2017-03-14 | A$0.27 | semi annually | 2017-03-24 |
2016-10-18 | A$0.27 | semi annually | 2016-10-28 |
2016-03-11 | A$0.23 | semi annually | 2016-03-24 |
2015-10-19 | A$0.22 | semi annually | 2015-10-30 |
2015-02-23 | A$0.22 | semi annually | 2015-03-06 |
2014-09-24 | A$0.20 | semi annually | 2014-10-03 |
2014-03-05 | A$0.20 | semi annually | 2014-03-21 |
2013-09-23 | A$0.17 | semi annually | 2013-10-04 |
2013-03-06 | A$0.20 | semi annually | 2013-03-22 |
Credit Corp Dividend per year
Credit Corp Dividend growth
Credit Corp Dividend Yield
Credit Corp current trailing twelve-month (TTM) dividend yield is 2.18%. Interested in purchasing Credit Corp stock? Use our calculator to estimate your expected dividend yield:
Credit Corp Financial Ratios
Credit Corp Dividend FAQ
Other factors to consider when evaluating Credit Corp 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: Credit Corp'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, Credit Corp 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, Credit Corp 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 Credit Corp 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: Credit Corp 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, Credit Corp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Credit Corp 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 Credit Corp'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 Credit Corp'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.