Electro Aço Altona S.A., a casting and machining company, supplies parts in low, medium, and high carbon steel and alloys in Brazil. It offers alloyed irons for special applications, raw or machined parts, add-ons for equipment, steels and alloys resistant to abrasion, steels and alloys resistant to high temperatures, steels and alloys resistant to corrosion, alloyed irons, special alloys, and super alloys. The company serves automotive, automakers machinery, heavy transport, power generation, mining, dredging, oil and gas, and offshore industries. It also exports its products to approximately 25 countries. The company was formerly known as Auerbach & Werner and changed its name to Electro Aço Altona S.A. in 1933. Electro Aço Altona S.A. was founded in 1924 and is headquartered in Blumenau, Brazil.
Electro Aço Altona Dividend Announcement
• Electro Aço Altona announced a annually dividend of R$0.51 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-04-29
• Electro Aço Altona annual dividend for 2024 was R$0.51
• Electro Aço Altona annual dividend for 2023 was R$0.17
• Electro Aço Altona's trailing twelve-month (TTM) dividend yield is 3.63%
• Electro Aço Altona's payout ratio for the trailing twelve months (TTM) is 11.07%
• Electro Aço Altona's dividend growth over the last five years (2018-2023) was -28.85% year
• Electro Aço Altona's dividend growth over the last ten years (2013-2023) was -9.80% year
Electro Aço Altona Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | R$0.51 | annually | 2024-08-30 |
2023-04-27 | R$0.17 | annually | 2023-07-31 |
2022-04-28 | R$0.13 | annually | 2022-11-28 |
2022-01-20 | R$0.05 | annually | 2021-10-01 |
2021-04-30 | R$0.17 | annually | 2021-11-25 |
2020-05-29 | R$0.18 | annually | 2021-04-26 |
2019-05-03 | R$0.14 | annually | 2019-07-30 |
2018-05-03 | R$0.95 | annually | 2018-09-20 |
2017-11-07 | R$0.89 | annually | 2017-11-23 |
2016-08-08 | R$0.40 | annually | |
2015-11-24 | R$0.75 | annually | |
2015-04-29 | R$0.60 | annually | |
2014-12-17 | R$0.43 | annually | |
2014-04-29 | R$1.05 | annually | |
2013-12-18 | R$0.23 | annually | |
2013-04-30 | R$0.25 | annually |
Electro Aço Altona Dividend per year
Electro Aço Altona Dividend growth
Electro Aço Altona Dividend Yield
Electro Aço Altona current trailing twelve-month (TTM) dividend yield is 3.63%. Interested in purchasing Electro Aço Altona stock? Use our calculator to estimate your expected dividend yield:
Electro Aço Altona Financial Ratios
Electro Aço Altona Dividend FAQ
Other factors to consider when evaluating Electro Aço Altona 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: Electro Aço Altona'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, Electro Aço Altona 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, Electro Aço Altona 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 Electro Aço Altona 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: Electro Aço Altona 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, Electro Aço Altona distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Electro Aço Altona 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 Electro Aço Altona'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 Electro Aço Altona'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.