Exel Composites Oyj, a composite technology company, designs, manufactures, and markets pultruded and pull-wound composite products in Europe, the Asia Pacific, and internationally. The company produces a range of standard and custom sized composite tubes, tool handles, telescoping poles, and laminates that are used in residential, commercial, and industrial applications. It also provides bus and coach, train and tram, truck and trailer, and automotive profiles; window and door profiles, structural composites, sunshades, umbrellas, and awnings, frangible support structures, and radio-transparent composites; composites for wind power application. In addition, the company offers composite solutions for defense applications, such as camouflage netting support telescoping poles, Carbon fiber telescoping poles, non-magnetic tool handles; textile machine solutions, insulating and non-ferrous composite solutions, and composite conduit rods for machinery and electrical industries; and composites for paper machines. Exel Composites Oyj was founded in 1960 and is headquartered in Vantaa, Finland.
Exel Composites Dividend Announcement
• Exel Composites announced a semi annually dividend of €0.20 per ordinary share which will be made payable on 2023-09-15. Ex dividend date: 2023-09-05
• Exel Composites annual dividend for 2023 was €0.20
• Exel Composites's trailing twelve-month (TTM) dividend yield is -%
• Exel Composites's payout ratio for the trailing twelve months (TTM) is -35.94%
• Exel Composites's dividend growth over the last five years (2018-2023) was -7.79% year
Exel Composites Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-05 | €0.20 | semi annually | 2023-09-15 |
2022-12-07 | €0.10 | semi annually | 2022-12-15 |
2022-09-07 | €0.10 | semi annually | 2022-09-15 |
2021-03-24 | €0.20 | semi annually | 2021-04-01 |
2020-03-23 | €0.18 | semi annually | 2020-03-31 |
2019-03-22 | €0.18 | semi annually | 2019-04-01 |
2018-03-23 | €0.30 | semi annually | 2018-04-04 |
2017-04-05 | €0.10 | semi annually | 2017-04-13 |
2016-03-18 | €0.22 | semi annually | |
2015-03-27 | €0.20 | semi annually | |
2013-12-11 | €0.50 | semi annually | |
2013-03-28 | €0.30 | semi annually | |
2012-03-30 | €0.50 | semi annually | |
2011-04-07 | €0.25 | semi annually |
Exel Composites Dividend per year
Exel Composites Dividend growth
Exel Composites Dividend Yield
Exel Composites current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Exel Composites stock? Use our calculator to estimate your expected dividend yield:
Exel Composites Financial Ratios
Exel Composites Dividend FAQ
Other factors to consider when evaluating Exel Composites 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: Exel Composites'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, Exel Composites 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, Exel Composites 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 Exel Composites 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: Exel Composites 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, Exel Composites distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Exel Composites 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 Exel Composites'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 Exel Composites'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.