Duratec Limited engages in the provision of assessment, protection, remediation, and refurbishment services to a range of assets, primarily steel and concrete infrastructure in Australia. It operates through Defence, Mining & Industrial, and Buildings & Facades segments. The Defence segment delivers capital facilities infrastructure and estate works program projects. The Mining & Industrial segment offers preventative maintenance programmes. The Buildings & Facades segment provides façade condition assessment and restoration completion services. It offers asset protection, building refurbishment, infrastructure upgrades, recladding, durability engineering, specialist access systems, construction, petrography lab, jack up barge hire, and spatial integration services. The company serves defense, mining, oil and gas, transport, marine, energy, building and façade, heritage, property, industrial, and water infrastructure industries. Duratec Limited was incorporated in 2010 and is headquartered in Wangara, Australia.
Duratec Dividend Announcement
• Duratec announced a semi annually dividend of A$0.03 per ordinary share which will be made payable on 2024-10-09. Ex dividend date: 2024-09-17
• Duratec annual dividend for 2024 was A$0.04
• Duratec annual dividend for 2023 was A$0.04
• Duratec's trailing twelve-month (TTM) dividend yield is 2.67%
• Duratec's payout ratio for the trailing twelve months (TTM) is 48.26%
Duratec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | A$0.03 | semi annually | 2024-10-09 |
2024-03-14 | A$0.01 | semi annually | 2024-05-07 |
2023-09-15 | A$0.03 | semi annually | 2023-10-09 |
2023-03-19 | A$0.01 | semi annually | 2023-05-09 |
2022-09-12 | A$0.01 | semi annually | 2022-10-05 |
2022-04-12 | A$0.01 | semi annually | 2022-05-10 |
2021-09-20 | A$0.01 | semi annually | 2021-10-13 |
Duratec Dividend per year
Duratec Dividend growth
Duratec Dividend Yield
Duratec current trailing twelve-month (TTM) dividend yield is 2.67%. Interested in purchasing Duratec stock? Use our calculator to estimate your expected dividend yield:
Duratec Financial Ratios
Duratec Dividend FAQ
Other factors to consider when evaluating Duratec 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: Duratec'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, Duratec 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, Duratec 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 Duratec 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: Duratec 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, Duratec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Duratec 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 Duratec'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 Duratec'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.