Elastron S.A. - Steel Service Centers engages in importing, processing, production, and resale of steel products in Greece and internationally. It offers hot-rolled and cold rolled sheets and strips, galvanized sheets, heavy plates, and strips; long products, such as beams, joints, channels, flats, equal and unequal angles, rounds, squares, T-sections, and bulb flats; square, and rectangular hollow sections; and structural tubes. The company also provides polyurethane panels, comprising wall panels, roof panels, and cold or storage rooms; mineral wool core panels, which include thermo-insulating and fire-resistant roof and wall panels; and core accessories consisting of translucent panels, flashings, and fastening and sealing materials, as well as handles installation services. Further, it offers composite SYMDECK decks; cladding single skin products; purlin for steel buildings; drywall metal profiles; and hydroponic metal gutters. Additionally, it operates photovoltaic stations and generates electric energy; and agricultural products from greenhouse crops. The company's steel products are used in the industry, construction, shipbuilding, agricultural, and energy sectors. Elastron S.A. - Steel Service Centers was founded in 1958 and is headquartered in Aspropyrgos, Greece.
Elastron - Steel Service Centers Dividend Announcement
• Elastron - Steel Service Centers announced a annually dividend of €0.20 per ordinary share which will be made payable on 2023-08-28. Ex dividend date: 2023-08-23
• Elastron - Steel Service Centers annual dividend for 2023 was €0.20
• Elastron - Steel Service Centers's trailing twelve-month (TTM) dividend yield is -%
• Elastron - Steel Service Centers's payout ratio for the trailing twelve months (TTM) is -98.53%
Elastron - Steel Service Centers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-23 | €0.20 | annually | 2023-08-28 |
2022-08-24 | €0.26 | annually | 2022-08-29 |
2021-07-16 | €0.03 | annually | 2021-07-22 |
2009-07-07 | €0.03 | annually | |
2008-07-22 | €0.10 | annually |
Elastron - Steel Service Centers Dividend per year
Elastron - Steel Service Centers Dividend growth
Elastron - Steel Service Centers Dividend Yield
Elastron - Steel Service Centers current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Elastron - Steel Service Centers stock? Use our calculator to estimate your expected dividend yield:
Elastron - Steel Service Centers Financial Ratios
Elastron - Steel Service Centers Dividend FAQ
Other factors to consider when evaluating Elastron - Steel Service Centers 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: Elastron - Steel Service Centers'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, Elastron - Steel Service Centers 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, Elastron - Steel Service Centers 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 Elastron - Steel Service Centers 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: Elastron - Steel Service Centers 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, Elastron - Steel Service Centers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Elastron - Steel Service Centers 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 Elastron - Steel Service Centers'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 Elastron - Steel Service Centers'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.