Drägerwerk AG & Co. KGaA operates as a medical and safety technology company in Europe, the Americas, Africa, Asia, and Australia. The company develops, produces, and markets system solutions, equipment, and services for acute point of care, including emergency care, perioperative care, critical care, and perinatal care. It also develops, produces, and markets products, system solutions, and services for personal protection, gas detection technology, and integrated hazard management to customers in industry and mining sectors, as well as public sectors, such as fire departments, police, and disaster protection. The company's products portfolio includes anesthesia devices and ventilators, thermoregulation equipment, consumables and accessories, supply units, lights, gas management systems, patient monitoring, software applications, system products, and other services. Its product portfolio also comprises stationary and mobile gas detection systems, personal protective equipment, and alcohol and drug testing devices. In addition, the company offers various training and services, as well as fire training facilities for firefighters. Drägerwerk AG & Co. KGaA was founded in 1889 and is headquartered in Lübeck, Germany.
Drägerwerk Dividend Announcement
• Drägerwerk announced a annually dividend of €1.80 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-09
• Drägerwerk annual dividend for 2024 was €1.80
• Drägerwerk annual dividend for 2023 was €0.19
• Drägerwerk's trailing twelve-month (TTM) dividend yield is 3.94%
• Drägerwerk's payout ratio for the trailing twelve months (TTM) is 28.49%
• Drägerwerk's dividend growth over the last five years (2018-2023) was -16.21% year
• Drägerwerk's dividend growth over the last ten years (2013-2023) was -14.59% year
Drägerwerk Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | €1.80 | annually | 2024-05-13 |
2023-05-08 | €0.19 | annually | 2023-05-10 |
2022-05-09 | €0.19 | annually | 2022-05-11 |
2021-05-10 | €0.19 | annually | 2021-05-12 |
2020-10-01 | €0.19 | annually | 2020-10-05 |
2020-05-11 | €0.19 | annually | |
2019-05-13 | €0.19 | annually | 2019-05-15 |
2018-05-07 | €0.46 | annually | 2018-05-09 |
2017-05-11 | €0.19 | annually | 2017-05-15 |
2016-04-28 | €0.19 | annually | |
2015-05-04 | €1.39 | annually | |
2014-05-12 | €0.83 | annually | |
2013-05-06 | €0.92 | annually |
Drägerwerk Dividend per year
Drägerwerk Dividend growth
Drägerwerk Dividend Yield
Drägerwerk current trailing twelve-month (TTM) dividend yield is 3.94%. Interested in purchasing Drägerwerk stock? Use our calculator to estimate your expected dividend yield:
Drägerwerk Financial Ratios
Drägerwerk Dividend FAQ
Other factors to consider when evaluating Drägerwerk 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: Drägerwerk'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, Drägerwerk 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, Drägerwerk 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 Drägerwerk 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: Drägerwerk 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, Drägerwerk distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Drägerwerk 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 Drägerwerk'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 Drägerwerk'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.