Downer EDI Limited operates as an integrated facilities management services provider in Australia, New Zealand, and internationally. Its Transport segment provides road network management; routine road maintenance; asset management systems; spray sealing; asphalt laying; and manufacture and supply of bitumen-based products and asphalt products. This segment also engages in the design and construction of light and heavy rail networks, signaling works, track and station works, and bridges; and provides rail safety technology, fleet maintenance, and overhaul services. The company's Utilities segment plans, designs, constructs, operates, maintains, manages, and decommissions power and gas network assets; provides water and wastewater treatment, and network construction and rehabilitation services; and designs, constructs, and maintains renewable assets in the wind, solar, and power system storage sectors. This segment also offers technology and communications solutions, including design, civil construction, network construction, operation, and maintenance services for fiber, copper, and radio networks. Its Facilities segment offers outsourced facility services to a range of industry sectors, including defence, education, government, healthcare, resources, leisure, assets services, and hospitality; technical and engineering services; maintenance and asset management services, including shutdowns, turnaround, and outage delivery; operations maintenance, refrigeration solutions, and ongoing management of strategic assets; feasibility studies; engineering design; procurement and construction; and commissioning and decommissioning services. This segment also designs and manufactures mineral process equipment, as well as offers building and construction solutions. The company was incorporated in 1989 and is headquartered in Sydney, Australia.
Downer EDI Dividend Announcement
• Downer EDI announced a semi annually dividend of A$0.11 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-13
• Downer EDI annual dividend for 2024 was A$0.17
• Downer EDI annual dividend for 2023 was A$0.13
• Downer EDI's trailing twelve-month (TTM) dividend yield is 3.04%
• Downer EDI's payout ratio for the trailing twelve months (TTM) is 154.85%
• Downer EDI's dividend growth over the last five years (2018-2023) was -16.89% year
• Downer EDI's dividend growth over the last ten years (2013-2023) was -3.95% year
Downer EDI Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | A$0.11 | semi annually | 2024-10-15 |
2024-03-13 | A$0.06 | semi annually | |
2023-08-23 | A$0.08 | semi annually | 2023-09-21 |
2023-03-10 | A$0.05 | semi annually | 2023-04-11 |
2022-08-30 | A$0.12 | semi annually | 2022-09-28 |
2022-02-23 | A$0.12 | semi annually | 2022-03-24 |
2021-08-25 | A$0.12 | semi annually | 2021-09-23 |
2021-02-24 | A$0.09 | semi annually | 2021-03-25 |
2020-02-25 | A$0.14 | semi annually | 2020-09-25 |
2019-09-03 | A$0.17 | semi annually | 2019-10-02 |
2019-02-20 | A$0.17 | semi annually | 2019-03-21 |
2018-08-29 | A$0.17 | semi annually | 2018-09-27 |
2018-03-06 | A$0.16 | semi annually | 2018-04-04 |
2017-09-11 | A$0.12 | semi annually | 2017-10-10 |
2017-02-15 | A$0.11 | semi annually | 2017-03-16 |
2016-08-17 | A$0.11 | semi annually | 2016-09-15 |
2016-02-16 | A$0.11 | semi annually | 2016-03-17 |
2015-08-18 | A$0.11 | semi annually | 2015-09-17 |
2015-02-17 | A$0.11 | semi annually | 2015-03-19 |
2014-08-15 | A$0.11 | semi annually | 2014-09-17 |
2014-02-12 | A$0.10 | semi annually | 2014-03-20 |
2013-08-14 | A$0.10 | semi annually | 2013-09-24 |
2013-03-08 | A$0.09 | semi annually | 2013-04-15 |
Downer EDI Dividend per year
Downer EDI Dividend growth
Downer EDI Dividend Yield
Downer EDI current trailing twelve-month (TTM) dividend yield is 3.04%. Interested in purchasing Downer EDI stock? Use our calculator to estimate your expected dividend yield:
Downer EDI Financial Ratios
Downer EDI Dividend FAQ
Other factors to consider when evaluating Downer EDI 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: Downer EDI'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, Downer EDI 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, Downer EDI 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 Downer EDI 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: Downer EDI 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, Downer EDI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Downer EDI 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 Downer EDI'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 Downer EDI'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.