Curro Holdings Limited develops, acquires, and manages independent schools in South Africa, Namibia, and Botswana. The company operates through Curroa and Meridian segments. It operates Curro schools, Curro Select schools, Curro Academy, and Meridian schools that accommodate learners from grade R to grade 12, as well as from the age of 3 months to 5 years. The company also operates Curro Castle nursery schools; Assisted learning schools that offers academic intervention within a mainstream curriculum; Curro DigiEd schools, which provide e-learning in classes and accommodates learners in grades 8 and 9; Curro online, an online learning program to learn from home; and Curro private colleges for nationally accredited qualifications. As of February 18, 2022, it operated 76 campuses with approximately 70,408 learners. The company was incorporated in 1998 and is based in Durbanville, South Africa. Curro Holdings Limited is a subsidiary of PSG Financial Services Ltd.
Curro Dividend Announcement
• Curro announced a annually dividend of R14.64 per ordinary share which will be made payable on . Ex dividend date: 2024-04-10
• Curro annual dividend for 2024 was R14.64
• Curro annual dividend for 2023 was R11.08
• Curro's trailing twelve-month (TTM) dividend yield is 1.09%
• Curro's payout ratio for the trailing twelve months (TTM) is -1844.44%
Curro Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-10 | R14.64 | annually | |
2023-04-12 | R11.08 | annually | 2023-04-17 |
2022-03-16 | R8.20 | annually | 2022-03-22 |
2020-03-11 | R10.04 | annually | 2020-03-16 |
2019-03-06 | R11.81 | annually | 2019-03-11 |
Curro Dividend per year
Curro Dividend growth
Curro Dividend Yield
Curro current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Curro stock? Use our calculator to estimate your expected dividend yield:
Curro Financial Ratios
Curro Dividend FAQ
Other factors to consider when evaluating Curro 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: Curro'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, Curro 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, Curro 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 Curro 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: Curro 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, Curro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Curro 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 Curro'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 Curro'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.