Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. It operates through Agricultural Business, and Urban Properties and Investment Business segments. The Agricultural Business segment is involved in the planting, harvesting, and sale of crops, such as wheat, corn, soybeans, cotton, and sunflower, as well as sugarcane; sale of grain derivatives, including flour and oil; breeding, purchasing, and/or fattening of cattle for sale to meat processors and local livestock auction markets; provision of agricultural services; leasing of farms to third parties; disposal and development of farmlands; and brokerage activities. The Urban Properties and Investment Business segment leases, rents, and services commercial and other spaces in shopping malls; leases offices and other rental spaces; develops, maintains, and sells undeveloped parcels of land and/or trading properties; and operates hotels, as well as engages in the entertainment activities. The company was incorporated in 1936 and is headquartered in Buenos Aires, Argentina.
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Dividend Announcement
• Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria announced a quarterly dividend of $0.59 per ordinary share which will be made payable on 2024-12-10. Ex dividend date: 2024-12-02
• Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria annual dividend for 2024 was $1.56
• Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria annual dividend for 2023 was $0.70
• Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria's trailing twelve-month (TTM) dividend yield is 11.42%
• Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria's payout ratio for the trailing twelve months (TTM) is 177.25%
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.59 | quarterly | 2024-12-10 |
2024-11-29 | $0.59 | quarterly | 2024-12-09 |
2024-06-10 | $0.38 | quarterly | 2024-06-21 |
2023-12-06 | $0.36 | quarterly | 2024-02-05 |
2023-05-31 | $0.33 | quarterly | 2023-06-06 |
2022-12-01 | $0.15 | quarterly | 2022-12-09 |
2017-11-10 | $0.45 | quarterly | 2017-11-21 |
2013-11-18 | $0.40 | quarterly | 2014-02-27 |
2012-11-27 | $0.50 | quarterly | 2013-06-14 |
2011-11-22 | $0.30 | quarterly | 2011-12-07 |
2011-01-06 | $0.35 | quarterly | 2011-01-14 |
2009-12-01 | $0.31 | quarterly | |
2008-11-05 | $0.11 | quarterly | |
2007-10-18 | $0.08 | quarterly | |
2006-11-24 | $0.08 | quarterly | |
2005-12-19 | $0.19 | quarterly |
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Dividend per year
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Dividend growth
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Dividend Yield
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria current trailing twelve-month (TTM) dividend yield is 11.42%. Interested in purchasing Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria stock? Use our calculator to estimate your expected dividend yield:
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Financial Ratios
Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria Dividend FAQ
Other factors to consider when evaluating Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria 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: Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria'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, Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria 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, Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria 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 Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria 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: Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria 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, Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria 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 Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria'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 Cresud Sociedad Anónima Comercial Inmobiliaria Financiera yropecuaria'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.