ESAB Corporation formulates, develops, manufactures, and supplies consumable products and equipment for use in cutting, joining, and automated welding, as well as gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables, including electrodes, nozzles, shields, and tips. The company's fabrication technology equipment ranges from portable welding machines to large customized automated cutting and welding systems. It also offers a range of digital software and solutions to help its customers increase their productivity, remotely monitor their welding operations, and digitize their documentation. The company sells its products under the ESAB brand to various end markets, including general industry, construction, infrastructure, transportation, energy, renewable energy, and medical and life sciences. It offers its products through independent distributors and direct salespeople. ESAB Corporation was incorporated in 2021 and is based in Wilmington, Delaware.
ESAB Dividend Announcement
• ESAB announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-27
• ESAB annual dividend for 2024 was $0.22
• ESAB annual dividend for 2023 was $0.23
• ESAB's trailing twelve-month (TTM) dividend yield is 0.21%
• ESAB's payout ratio for the trailing twelve months (TTM) is 6.04%
ESAB Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.08 | quarterly | 2024-10-11 |
2024-06-28 | $0.08 | quarterly | 2024-07-12 |
2024-03-27 | $0.06 | quarterly | 2024-04-12 |
2023-12-28 | $0.06 | quarterly | 2024-01-12 |
2023-09-28 | $0.06 | quarterly | 2023-10-13 |
2023-06-29 | $0.06 | quarterly | 2023-07-14 |
2023-03-30 | $0.05 | quarterly | 2023-04-14 |
2022-12-29 | $0.05 | quarterly | 2023-01-13 |
2022-09-29 | $0.05 | quarterly | 2022-10-14 |
2022-06-30 | $0.05 | quarterly | 2022-07-18 |
ESAB Dividend per year
ESAB Dividend growth
ESAB Dividend Yield
ESAB current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing ESAB stock? Use our calculator to estimate your expected dividend yield:
ESAB Financial Ratios
ESAB Dividend FAQ
Other factors to consider when evaluating ESAB 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: ESAB'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, ESAB 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, ESAB 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 ESAB 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: ESAB 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, ESAB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ESAB 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 ESAB'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 ESAB'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.