DMG MORI AKTIENGESELLSCHAFT produces and sells cutting machine tools worldwide. It operates through Machine Tools and Industrial Services segments. The company's Machine Tools segment offers turning machines, such as universal turning machines to turn-mill centers; vertical and horizontal production turning and multi-spindle machining centers; 5-axis milling centers; ultrasonic, lasertec, and additive manufacturing products; and selective laser melting in the powder bed, as well as software solutions. The company's Industrial Services segment provides industrial services, including service agreements, repair, maintenance, and training services. It serves aerospace, automotive, die and mold, medical, and semiconductor industries. The company was formerly known as DMG Mori Seiki Aktiengesellschaft and changed its name to DMG MORI AKTIENGESELLSCHAFT in June 2015. The company was founded in 1870 and is headquartered in Bielefeld, Germany. DMG MORI AKTIENGESELLSCHAFT is a subsidiary of DMG Mori Co., Ltd.
DMG MORI Dividend Announcement
• DMG MORI announced a annually dividend of €1.03 per ordinary share which will be made payable on 2024-05-06. Ex dividend date: 2024-05-02
• DMG MORI annual dividend for 2024 was €1.03
• DMG MORI annual dividend for 2023 was €1.03
• DMG MORI's trailing twelve-month (TTM) dividend yield is 2.26%
• DMG MORI's payout ratio for the trailing twelve months (TTM) is 84.63%
• DMG MORI's dividend growth over the last ten years (2013-2023) was 11.40% year
DMG MORI Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-02 | €1.03 | annually | 2024-05-06 |
2023-05-15 | €1.03 | annually | 2023-05-17 |
2022-05-11 | €1.03 | annually | |
2022-05-09 | €1.03 | annually | 2022-05-11 |
2021-05-10 | €1.03 | annually | 2021-05-12 |
2020-05-18 | €1.03 | annually | 2020-05-20 |
2019-05-13 | €1.03 | annually | 2019-05-15 |
2018-05-07 | €1.03 | annually | 2018-05-09 |
2017-05-08 | €1.03 | annually | 2017-05-10 |
2016-07-18 | €0.60 | annually | 2016-07-18 |
2015-05-11 | €0.55 | annually | 2015-05-11 |
2014-05-19 | €0.50 | annually | 2014-05-19 |
2013-05-20 | €0.35 | annually | 2013-05-21 |
DMG MORI Dividend per year
DMG MORI Dividend growth
DMG MORI Dividend Yield
DMG MORI current trailing twelve-month (TTM) dividend yield is 2.26%. Interested in purchasing DMG MORI stock? Use our calculator to estimate your expected dividend yield:
DMG MORI Financial Ratios
DMG MORI Dividend FAQ
Other factors to consider when evaluating DMG MORI 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: DMG MORI'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, DMG MORI 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, DMG MORI 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 DMG MORI 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: DMG MORI 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, DMG MORI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DMG MORI 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 DMG MORI'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 DMG MORI'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.