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Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software. The company is also involved in the production of metal powders and powder metal parts for the automotive and industrial sectors, as well as the provision of hydrogen storage solutions. The company was formerly known as Dowlais Group Headquarters Plc and changed its name to Dowlais Group Plc in February 2023. Dowlais Group Plc was incorporated in 2023 and is based in London, the United Kingdom.

Dowlais Dividend Announcement

Dowlais announced a semi annually dividend of £1.40 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-29
Dowlais annual dividend for 2024 was £4.20
Dowlais annual dividend for 2023 was £1.40
Dowlais's trailing twelve-month (TTM) dividend yield is 8.72%
Dowlais's payout ratio for the trailing twelve months (TTM) is -327.85%

Dowlais Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-29£1.40semi annually2024-10-04
2024-04-18£2.80semi annually
2023-09-21£1.40semi annually2023-10-27

Dowlais Dividend per year

Dowlais Dividend Yield

Dowlais current trailing twelve-month (TTM) dividend yield is 8.72%. Interested in purchasing Dowlais stock? Use our calculator to estimate your expected dividend yield:

Dowlais Financial Ratios

P/E ratio-1.26
PEG ratio-1.26
P/B ratio0.27
ROE-21.02%
Payout ratio-327.85%
Current ratio1.07
Quick ratio0.73
Cash Ratio0.22

Dowlais Dividend FAQ

Does Dowlais stock pay dividends?
Dowlais does not currently pay dividends to its shareholders.
Has Dowlais ever paid a dividend?
No, Dowlais has no a history of paying dividends to its shareholders. Dowlais is not known for its dividend payments.
Why doesn't Dowlais pay dividends?
There are several potential reasons why Dowlais would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Dowlais ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Dowlais has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Dowlais a dividend aristocrat?
Dowlais is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Dowlais a dividend king?
Dowlais is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Dowlais a dividend stock?
No, Dowlais is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Dowlais stocks?
To buy Dowlais you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Dowlais stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.