Dexco S.A., together with its subsidiaries, produces and sells wood panels in Brazil and internationally. The company operates through Deca, Wood, and Ceramic Tiles divisions. It offers hardboard, medium density particle (MDP) panels, medium and high-density fiberboard (MDF and HDF) panels, and semi-finished components for furniture, as well as laminate flooring under the Durafloor brand; sanitary ceramic and metal products, and showers under the Deca, Hydra, Belize, Elizabeth, and Hydra Corona brands; and ceramic tiles under the Ceusa, Cecrisa, and Portinari brands. The company was formerly known as Duratex S.A. and changed its name to Dexco S.A. in August 2021. Dexco S.A. was founded in 1951 and is based in São Paulo, Brazil.
Dexco Dividend Announcement
• Dexco announced a annually dividend of R$0.07 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-03-13
• Dexco annual dividend for 2024 was R$0.07
• Dexco annual dividend for 2023 was R$0.22
• Dexco's trailing twelve-month (TTM) dividend yield is 4.32%
• Dexco's payout ratio for the trailing twelve months (TTM) is 0.02%
• Dexco's dividend growth over the last five years (2018-2023) was -22.94% year
Dexco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-13 | R$0.07 | annually | 2024-12-01 |
2023-12-20 | R$0.22 | annually | 2024-12-01 |
2022-12-15 | R$0.30 | annually | 2023-06-30 |
2021-12-15 | R$1.28 | annually | 2021-12-23 |
2021-02-18 | R$0.43 | annually | 2021-02-26 |
2020-12-14 | R$0.31 | annually | 2021-02-26 |
2019-12-17 | R$0.37 | annually | 2020-02-28 |
2018-12-19 | R$0.79 | annually | 2019-10-03 |
2017-12-15 | R$0.09 | annually | 2018-02-27 |
2017-02-15 | R$0.01 | annually | 2017-02-24 |
2015-12-17 | R$0.26 | annually | |
2015-07-29 | R$0.05 | annually | |
2015-02-06 | R$0.06 | annually | |
2014-12-17 | R$0.08 | annually | |
2014-07-31 | R$0.11 | annually | |
2013-12-17 | R$0.11 | annually | |
2013-07-23 | R$0.14 | annually | |
2013-02-20 | R$0.01 | annually | |
2012-12-03 | R$0.11 | annually | |
2012-07-27 | R$0.08 | annually | |
2012-02-17 | R$0.01 | annually |
Dexco Dividend per year
Dexco Dividend growth
Dexco Dividend Yield
Dexco current trailing twelve-month (TTM) dividend yield is 4.32%. Interested in purchasing Dexco stock? Use our calculator to estimate your expected dividend yield:
Dexco Financial Ratios
Dexco Dividend FAQ
Other factors to consider when evaluating Dexco 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: Dexco'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, Dexco 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, Dexco 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 Dexco 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: Dexco 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, Dexco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dexco 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 Dexco'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 Dexco'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.