Dorel Industries Inc. designs, manufactures, sources, markets, and distributes home products and juvenile products worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings products, folding chair and tables, outdoor and juvenile furniture, futons, bunk beds, mattresses, bedroom, dining, home entertainment, and office furniture, upholstery, step stools and ladders, and hand trucks. This segment markets its products under the Ameriwood, Altra, System Build, Ridgewood, DHP, Dorel Fine Furniture, Dorel Living, Signature Sleep, Cosmo Living, Novagratz, Little Seeds, Queer Eye, Cosco, and Alphason brands. Its Dorel Juvenile segment manufactures and distributes infant car seats, strollers, travel systems high chairs, play yards, safety aids, swings/toys, early learning/infant health, mobiles, baby toys, playpens, and developmental toys under the Maxi-Cosi, Quinny, Tiny Love, Safety 1st, BebeConfort, Cosco, Mother's Choice, Disney, and Infanti brands. The company sells its products to mass merchant discount chains, department stores, club format outlets, and hardware/home centers; Internet retailers; independent boutiques and juvenile specialty stores; and sporting goods stores. It also owns and operates approximately 88 retail stores in Chile and Peru, as well as various factory outlet retail locations in Europe. The company was formerly known as Dorel Co. Ltd. and changed its name to Dorel Industries Inc. in May 1987. Dorel Industries Inc. was incorporated in 1962 and is headquartered in Westmount, Canada.
Dorel Industries Dividend Announcement
• Dorel Industries announced a quarterly dividend of $12.00 per ordinary share which will be made payable on . Ex dividend date: 2022-02-02
• Dorel Industries's trailing twelve-month (TTM) dividend yield is -%
Dorel Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-02-02 | $12.00 | quarterly | |
2019-08-29 | $0.15 | quarterly | 2019-10-02 |
2019-05-30 | $0.15 | quarterly | 2019-07-03 |
2019-03-27 | $0.15 | quarterly | 2019-04-11 |
2018-08-16 | $0.30 | quarterly | 2018-08-31 |
2018-05-17 | $0.30 | quarterly | 2018-06-01 |
2018-03-14 | $0.30 | quarterly | 2018-03-29 |
2017-11-15 | $0.30 | quarterly | 2017-11-30 |
2017-08-16 | $0.30 | quarterly | 2017-09-01 |
2017-05-17 | $0.30 | quarterly | 2017-06-02 |
2017-03-15 | $0.30 | quarterly | 2017-03-31 |
2016-11-15 | $0.30 | quarterly | 2016-12-01 |
2016-08-16 | $0.30 | quarterly | 2016-09-01 |
2016-05-18 | $0.30 | quarterly | 2016-06-03 |
2016-03-10 | $0.30 | quarterly | 2016-03-28 |
2015-11-17 | $0.30 | quarterly | 2015-12-03 |
2015-08-18 | $0.30 | quarterly | 2015-09-03 |
2015-05-19 | $0.30 | quarterly | 2015-06-04 |
2015-03-11 | $0.30 | quarterly | 2015-03-27 |
2014-11-18 | $0.30 | quarterly | 2014-12-04 |
2014-08-18 | $0.30 | quarterly | 2014-09-03 |
2014-05-20 | $0.30 | quarterly | 2014-06-05 |
2014-03-05 | $0.30 | quarterly | 2014-03-21 |
2008-08-19 | $0.12 | quarterly | |
2007-03-21 | $0.12 | quarterly |
Dorel Industries Dividend per year
Dorel Industries Dividend growth
Dorel Industries Dividend Yield
Dorel Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dorel Industries stock? Use our calculator to estimate your expected dividend yield:
Dorel Industries Financial Ratios
Dorel Industries Dividend FAQ
Other factors to consider when evaluating Dorel Industries 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: Dorel Industries'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, Dorel Industries 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, Dorel Industries 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 Dorel Industries 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: Dorel Industries 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, Dorel Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dorel Industries 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 Dorel Industries'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 Dorel Industries'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.