EVI Industries, Inc., through its subsidiaries, distributes, sells, rents, and leases commercial, industrial, and vended laundry and dry cleaning equipment, and steam and hot water boilers in the United States, Canada, the Caribbean, Latin America, and Asia. The company sells and/or leases its customers commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. It also supplies related replacement parts and accessories; and provides installation, maintenance, and repair services to government, institutional, industrial, commercial, and retail customers. The company was formerly known as EnviroStar, Inc. and changed its name to EVI Industries, Inc. in December 2018. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida.
EVI Industries Dividend Announcement
• EVI Industries announced a annually dividend of $0.31 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-26
• EVI Industries annual dividend for 2024 was $0.31
• EVI Industries annual dividend for 2023 was $0.28
• EVI Industries's trailing twelve-month (TTM) dividend yield is 1.53%
• EVI Industries's payout ratio for the trailing twelve months (TTM) is 288.42%
EVI Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | $0.31 | annually | 2024-10-07 |
2023-10-13 | $0.28 | annually | 2023-10-26 |
2018-12-24 | $0.13 | annually | 2019-01-08 |
2017-12-22 | $0.12 | annually | 2018-01-09 |
2016-12-19 | $0.10 | annually | 2017-01-06 |
2015-12-02 | $0.20 | annually | 2015-12-18 |
2014-12-03 | $0.20 | annually | 2014-12-19 |
2013-11-25 | $0.40 | annually | 2013-12-12 |
2012-12-13 | $0.60 | annually | |
2011-11-23 | $0.05 | annually | 2011-12-12 |
2007-10-10 | $0.04 | annually | 2007-11-01 |
2007-04-11 | $0.04 | annually | 2007-05-01 |
2006-10-11 | $0.04 | annually | 2006-11-01 |
2006-04-11 | $0.04 | annually | 2006-05-01 |
EVI Industries Dividend per year
EVI Industries Dividend growth
EVI Industries Dividend Yield
EVI Industries current trailing twelve-month (TTM) dividend yield is 1.53%. Interested in purchasing EVI Industries stock? Use our calculator to estimate your expected dividend yield:
EVI Industries Financial Ratios
EVI Industries Dividend FAQ
Other factors to consider when evaluating EVI Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy EVI Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: EVI Industries'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, EVI Industries 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, EVI Industries 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 EVI Industries 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: EVI Industries 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, EVI Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EVI Industries 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 EVI Industries'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 EVI Industries'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.