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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | £1.40 | semi annually | 2024-10-04 |
2024-04-18 | £2.80 | semi annually | |
2023-09-21 | £1.40 | semi annually | 2023-10-27 |
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
Dowlais Dividend FAQ
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.
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