Driver Group plc provides consultancy services to the engineering and construction industries worldwide. The company offers quantity surveying, planning/programming, quantum and planning expert, dispute avoidance/resolution, litigation support, contract administration, commercial advice/management, commercial and contract, delay analysis, pre-contract, project management, building information modelling, and training and seminar services. It serves building, energy, infrastructure, marine, mining, oil and gas, process and industrial, and transportation sectors. The company was founded in 1978 and is based in Haslingden, the United Kingdom.
Driver Dividend Announcement
• Driver announced a semi annually dividend of £0.75 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-19
• Driver annual dividend for 2024 was £1.50
• Driver annual dividend for 2023 was £1.50
• Driver's trailing twelve-month (TTM) dividend yield is 0.06%
• Driver's payout ratio for the trailing twelve months (TTM) is -117.96%
Driver Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | £0.75 | semi annually | 2024-10-25 |
2024-02-29 | £0.75 | semi annually | |
2023-09-21 | £0.75 | semi annually | 2023-10-27 |
2023-03-02 | £0.75 | semi annually | 2023-04-13 |
2022-09-22 | £0.75 | semi annually | 2022-10-27 |
2022-02-24 | £0.75 | semi annually | 2022-04-06 |
2021-09-23 | £0.75 | semi annually | 2021-10-27 |
2021-02-18 | £0.75 | semi annually | 2021-03-23 |
2020-02-20 | £0.75 | semi annually | 2020-03-20 |
2019-09-19 | £0.50 | semi annually | 2019-10-31 |
2019-02-21 | £0.50 | semi annually | 2019-04-15 |
2016-03-24 | £1.05 | semi annually | 2016-04-08 |
2015-07-09 | £0.60 | semi annually | 2015-08-07 |
2015-03-26 | £1.05 | semi annually | 2015-04-07 |
2014-07-02 | £0.60 | semi annually | 2014-08-01 |
2014-03-26 | £1.00 | semi annually | 2014-04-08 |
2013-07-03 | £0.50 | semi annually | 2013-08-02 |
2013-03-27 | £0.70 | semi annually | 2013-04-09 |
2012-07-04 | £0.50 | semi annually | 2012-08-03 |
2012-03-07 | £0.50 | semi annually | 2012-03-23 |
2010-02-24 | £1.00 | semi annually | 2010-03-18 |
Driver Dividend per year
Driver Dividend growth
Driver Dividend Yield
Driver current trailing twelve-month (TTM) dividend yield is 0.06%. Interested in purchasing Driver stock? Use our calculator to estimate your expected dividend yield:
Driver Financial Ratios
Driver Dividend FAQ
Other factors to consider when evaluating Driver 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: Driver'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, Driver 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, Driver 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 Driver 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: Driver 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, Driver distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Driver 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 Driver'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 Driver'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.