Econocom Group SE conceives, finances, and facilitates the digital transformation of large firms and public organizations. It operates in two segments, Technology Management and Financing, and Digital Services and Solutions. The Technology Management and Financing segment offers financing solutions for the administrative and financial management of the ICT and digital assets of the businesses. The Digital Services and Solutions segment provides consulting, infrastructure management, applications development, and digital and systems integration solutions, as well as design and roll-out solutions; and sells hardware and software, such as PCs, tablets, servers, printers, licences, digital devices, etc. The company serves healthcare, retail, education, and industry sectors. It operates in 18 countries, including Europe, Morocco, Brazil, Mexico, Canada, and the United States. The company sells its products and services under the Econocom brand name. The company was incorporated in 1982 and is headquartered in Puteaux, France.
Econocom Dividend Announcement
• Econocom announced a annually dividend of €0.16 per ordinary share which will be made payable on 2024-07-02. Ex dividend date: 2024-06-28
• Econocom annual dividend for 2024 was €0.16
• Econocom annual dividend for 2023 was €0.16
• Econocom's trailing twelve-month (TTM) dividend yield is 8.38%
• Econocom's dividend growth over the last five years (2018-2023) was 5.92% year
• Econocom's dividend growth over the last ten years (2013-2023) was 4.81% year
Econocom Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | €0.16 | annually | 2024-07-02 |
2023-06-30 | €0.16 | annually | 2023-07-04 |
2022-06-30 | €0.14 | annually | 2022-07-04 |
2021-08-05 | €0.12 | annually | 2021-08-09 |
2020-11-12 | €0.12 | annually | 2020-11-16 |
2019-07-29 | €0.12 | annually | 2019-07-31 |
2018-07-30 | €0.12 | annually | 2018-08-01 |
2017-08-01 | €0.07 | annually | 2017-08-03 |
2016-07-27 | €0.17 | annually | 2016-07-29 |
2015-06-30 | €0.15 | annually | 2015-07-02 |
2014-06-02 | €0.12 | annually | 2014-06-05 |
2013-06-03 | €0.10 | annually | 2013-06-06 |
Econocom Dividend per year
Econocom Dividend growth
Econocom Dividend Yield
Econocom current trailing twelve-month (TTM) dividend yield is 8.38%. Interested in purchasing Econocom stock? Use our calculator to estimate your expected dividend yield:
Econocom Financial Ratios
Econocom Dividend FAQ
Other factors to consider when evaluating Econocom 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: Econocom'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, Econocom 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, Econocom 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 Econocom 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: Econocom 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, Econocom distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Econocom 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 Econocom'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 Econocom'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.