CTI Logistics Limited provides transport and logistics services in Australia. It operates through three segments: Transport, Logistics, and Property. The company offers transport services, such as courier, parcel distribution, taxi truck, fleet management, heavy haulage, line haul, container handling, and freight forwarding services. It also provides flooring logistics services; and warehousing and distribution services, including contracted distribution center, overflow warehousing, temperature controlled storage and delivery, pick and pack, bulk product storage, external laydown area storage, stock control management, and quarantine inspection and processing services. In addition, the company offers temperature controlled storage, warehousing, and distribution services for wine, and food and health products; and logistical support services to the minerals and energy sector. Further, it provides security systems and services comprising electronic alarms, CCTVs, and access control systems for residential and commercial premises; and records management services consisting of document and archive storage, core sample storage, data and media storage, imaging and scanning, scheduled pickup and deliveries, and document destruction, as well as provides online access to reports and file activities. Additionally, the company offers shredding and recycling services; and wrapping services, including cleaning of plant and equipment, fumigation and spraying services, and sealed quarantine wrapping. It is also involved in the rental of owner-occupied and investment properties. The company was founded in 1972 and is based in West Perth, Australia.
CTI Logistics Dividend Announcement
• CTI Logistics announced a semi annually dividend of A$0.06 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-12
• CTI Logistics annual dividend for 2024 was A$0.11
• CTI Logistics annual dividend for 2023 was A$0.10
• CTI Logistics's trailing twelve-month (TTM) dividend yield is 5.65%
• CTI Logistics's payout ratio for the trailing twelve months (TTM) is 44.19%
CTI Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | A$0.06 | semi annually | 2024-10-03 |
2024-03-19 | A$0.05 | semi annually | 2024-04-05 |
2023-09-14 | A$0.05 | semi annually | 2023-10-16 |
2023-02-28 | A$0.05 | semi annually | 2023-04-06 |
2022-09-08 | A$0.04 | semi annually | 2022-10-07 |
2022-03-07 | A$0.03 | semi annually | 2022-04-08 |
2021-10-26 | A$0.02 | semi annually | 2021-11-12 |
2021-04-12 | A$0.02 | semi annually | 2021-04-28 |
2019-03-31 | A$0.02 | semi annually | 2019-04-17 |
2018-10-29 | A$0.02 | semi annually | 2018-11-14 |
2018-04-09 | A$0.02 | semi annually | 2018-04-24 |
2017-10-30 | A$0.02 | semi annually | 2017-11-15 |
2017-03-06 | A$0.02 | semi annually | 2017-04-11 |
2016-03-30 | A$0.04 | semi annually | 2016-04-15 |
2015-11-03 | A$0.04 | semi annually | 2015-11-20 |
2015-03-26 | A$0.04 | semi annually | 2015-04-17 |
2014-10-14 | A$0.04 | semi annually | 2014-10-31 |
2014-03-25 | A$0.04 | semi annually | 2014-04-15 |
2013-10-27 | A$0.04 | semi annually | 2013-11-15 |
2013-04-08 | A$0.04 | semi annually | 2013-05-03 |
2012-10-28 | A$0.04 | semi annually | 2012-11-16 |
2012-04-12 | A$0.03 | semi annually | 2012-05-02 |
CTI Logistics Dividend per year
CTI Logistics Dividend growth
CTI Logistics Dividend Yield
CTI Logistics current trailing twelve-month (TTM) dividend yield is 5.65%. Interested in purchasing CTI Logistics stock? Use our calculator to estimate your expected dividend yield:
CTI Logistics Financial Ratios
CTI Logistics Dividend FAQ
Other factors to consider when evaluating CTI Logistics 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: CTI Logistics'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, CTI Logistics 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, CTI Logistics 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 CTI Logistics 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: CTI Logistics 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, CTI Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CTI Logistics 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 CTI Logistics'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 CTI Logistics'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.