Decker Manufacturing Corporation manufactures hex nuts, weld nuts, pipe plugs, and other industrial fasteners to the automotive, agricultural, farm implement, heavy duty equipment, and construction industries. The company offers weld fasteners, nut/washer assemblies, wheel nuts, locknuts, flange nuts, and pipe/drain plugs for passenger car and truck assembly applications, powertrains, transmissions, and chassis; hex, tower, guard rail, and culvert nuts for highways, signage, bridges, and building constructions; internal engine, hitch, and trailer fasteners; and seat belts and guard rails for safety market applications. It also provides shipping, technical assistance, product quality planning and production part approval processes. The company was formerly known as Decker Screw Products Company and changed its names to Decker Manufacturing Corporation in 1945. Decker Manufacturing Corporation was founded in 1927 and is based in Albion, Michigan.
Decker Manufacturing Dividend Announcement
• Decker Manufacturing announced a quarterly dividend of $1.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-11
• Decker Manufacturing annual dividend for 2024 was $2.90
• Decker Manufacturing annual dividend for 2023 was $3.25
• Decker Manufacturing's trailing twelve-month (TTM) dividend yield is 9.8%
• Decker Manufacturing's dividend growth over the last five years (2018-2023) was -1.47% year
• Decker Manufacturing's dividend growth over the last ten years (2013-2023) was 8.04% year
Decker Manufacturing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | $1.00 | quarterly | 2024-10-21 |
2024-07-08 | $0.95 | quarterly | 2024-07-15 |
2024-04-05 | $0.95 | quarterly | 2024-04-15 |
2023-12-29 | $1.00 | quarterly | 2024-01-09 |
2023-10-05 | $0.85 | quarterly | 2023-10-16 |
2023-07-07 | $0.75 | quarterly | 2023-07-17 |
2023-04-06 | $0.50 | quarterly | 2023-04-17 |
2023-01-12 | $0.15 | quarterly | 2023-01-23 |
2022-10-06 | $0.15 | quarterly | 2022-10-17 |
2022-07-08 | $0.50 | quarterly | 2022-07-18 |
2022-04-08 | $0.75 | quarterly | 2022-04-18 |
2022-01-07 | $0.75 | quarterly | 2022-01-17 |
2021-10-07 | $0.75 | quarterly | 2021-10-18 |
2021-07-09 | $0.75 | quarterly | 2021-07-19 |
2021-01-08 | $0.75 | quarterly | 2021-01-18 |
2020-07-10 | $0.50 | quarterly | 2020-07-20 |
2020-01-10 | $0.60 | quarterly | 2020-01-20 |
2019-10-10 | $0.40 | quarterly | 2019-10-21 |
2019-07-05 | $0.40 | quarterly | 2019-07-15 |
2019-04-05 | $0.40 | quarterly | 2019-04-15 |
2019-01-11 | $0.40 | quarterly | 2019-01-21 |
2018-10-05 | $0.75 | quarterly | 2018-10-16 |
2018-07-06 | $0.75 | quarterly | 2018-07-16 |
2018-04-06 | $1.25 | quarterly | 2018-04-16 |
2018-01-05 | $0.75 | quarterly | 2018-01-15 |
2017-10-05 | $0.75 | quarterly | 2017-10-16 |
2017-07-06 | $1.00 | quarterly | 2017-07-17 |
2017-04-06 | $1.70 | quarterly | 2017-04-17 |
2017-01-05 | $1.05 | quarterly | |
2016-10-05 | $1.00 | quarterly | |
2016-07-11 | $1.00 | quarterly | |
2016-04-07 | $2.00 | quarterly | |
2016-01-07 | $1.00 | quarterly | |
2015-10-07 | $0.75 | quarterly | |
2015-07-09 | $0.75 | quarterly | |
2015-04-09 | $1.75 | quarterly | |
2015-01-08 | $0.75 | quarterly | |
2014-10-08 | $0.50 | quarterly | |
2014-07-10 | $0.50 | quarterly | |
2014-04-10 | $1.00 | quarterly | |
2014-01-14 | $0.50 | quarterly | |
2013-10-09 | $0.50 | quarterly | |
2013-07-03 | $0.50 | quarterly | |
2013-04-04 | $0.50 | quarterly |
Decker Manufacturing Dividend per year
Decker Manufacturing Dividend growth
Decker Manufacturing Dividend Yield
Decker Manufacturing current trailing twelve-month (TTM) dividend yield is 9.8%. Interested in purchasing Decker Manufacturing stock? Use our calculator to estimate your expected dividend yield:
Decker Manufacturing Financial Ratios
Decker Manufacturing Dividend FAQ
Other factors to consider when evaluating Decker Manufacturing 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: Decker Manufacturing'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, Decker Manufacturing 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, Decker Manufacturing 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 Decker Manufacturing 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: Decker Manufacturing 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, Decker Manufacturing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Decker Manufacturing 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 Decker Manufacturing'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 Decker Manufacturing'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.