Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.
Flowserve Dividend Announcement
• Flowserve announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-27
• Flowserve annual dividend for 2024 was $0.63
• Flowserve annual dividend for 2023 was $0.80
• Flowserve's trailing twelve-month (TTM) dividend yield is 1.36%
• Flowserve's payout ratio for the trailing twelve months (TTM) is 40.73%
• Flowserve's dividend growth over the last five years (2018-2023) was 1.03% year
• Flowserve's dividend growth over the last ten years (2013-2023) was -0.49% year
Flowserve Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | $0.21 | quarterly | 2024-10-11 |
| 2024-06-28 | $0.21 | quarterly | 2024-07-12 |
| 2024-03-27 | $0.21 | quarterly | 2024-04-12 |
| 2023-12-28 | $0.20 | quarterly | 2024-01-12 |
| 2023-09-21 | $0.20 | quarterly | 2023-10-06 |
| 2023-06-22 | $0.20 | quarterly | 2023-07-07 |
| 2023-03-23 | $0.20 | quarterly | 2023-04-07 |
| 2022-12-29 | $0.20 | quarterly | 2023-01-13 |
| 2022-09-29 | $0.20 | quarterly | 2022-10-14 |
| 2022-06-23 | $0.20 | quarterly | 2022-07-08 |
| 2022-03-24 | $0.20 | quarterly | 2022-04-08 |
| 2021-12-29 | $0.20 | quarterly | 2022-01-14 |
| 2021-09-23 | $0.20 | quarterly | 2021-10-08 |
| 2021-06-24 | $0.20 | quarterly | 2021-07-09 |
| 2021-03-25 | $0.20 | quarterly | 2021-04-09 |
| 2020-12-23 | $0.20 | quarterly | 2021-01-08 |
| 2020-09-17 | $0.20 | quarterly | 2020-10-02 |
| 2020-06-18 | $0.20 | quarterly | 2020-07-06 |
| 2020-03-26 | $0.20 | quarterly | 2020-04-09 |
| 2019-12-26 | $0.19 | quarterly | 2020-01-10 |
| 2019-09-19 | $0.19 | quarterly | 2019-10-04 |
| 2019-06-20 | $0.19 | quarterly | 2019-07-05 |
| 2019-03-28 | $0.19 | quarterly | 2019-04-12 |
| 2019-01-03 | $0.19 | quarterly | 2019-01-18 |
| 2018-09-20 | $0.19 | quarterly | 2018-10-05 |
| 2018-06-21 | $0.19 | quarterly | 2018-07-06 |
| 2018-03-28 | $0.19 | quarterly | 2018-04-13 |
| 2018-01-04 | $0.19 | quarterly | 2018-01-19 |
| 2017-09-21 | $0.19 | quarterly | 2017-10-06 |
| 2017-06-21 | $0.19 | quarterly | 2017-07-07 |
| 2017-03-22 | $0.19 | quarterly | 2017-04-07 |
| 2016-12-29 | $0.19 | quarterly | 2017-01-13 |
| 2016-09-28 | $0.19 | quarterly | 2016-10-14 |
| 2016-06-22 | $0.19 | quarterly | 2016-07-08 |
| 2016-03-22 | $0.19 | quarterly | 2016-04-08 |
| 2015-12-21 | $0.18 | quarterly | 2016-01-06 |
| 2015-09-23 | $0.18 | quarterly | 2015-10-09 |
| 2015-06-24 | $0.18 | quarterly | 2015-07-10 |
| 2015-03-25 | $0.18 | quarterly | 2015-04-10 |
| 2014-12-23 | $0.16 | quarterly | 2015-01-09 |
| 2014-09-24 | $0.16 | quarterly | 2014-10-10 |
| 2014-06-25 | $0.16 | quarterly | 2014-07-11 |
| 2014-03-26 | $0.16 | quarterly | 2014-04-11 |
| 2013-12-24 | $0.14 | quarterly | 2014-01-10 |
| 2013-09-25 | $0.14 | quarterly | 2013-10-11 |
| 2013-06-28 | $0.14 | quarterly | 2013-07-12 |
| 2013-03-26 | $0.42 | quarterly | 2013-04-12 |
Flowserve Dividend per year
Flowserve Dividend growth
Flowserve Dividend Yield
Flowserve current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Flowserve stock? Use our calculator to estimate your expected dividend yield:
Flowserve Financial Ratios
P/E ratio29.85
PEG ratio-0.50
P/B ratio3.89
ROE13.54%
Payout ratio40.73%
Current ratio1.99
Quick ratio1.39
Cash Ratio0.42
Flowserve Dividend FAQ
How much is the next Flowserve dividend?
Flowserve's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Flowserve dividend. The next Flowserve dividend will be released in March, June, September, or December.
When is Flowserve dividend paid?
Flowserve pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Flowserve pay?
The specific amount of Flowserve dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Flowserve's dividend history.
Does Flowserve stock pay dividends?
Yes, Flowserve does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Flowserve's dividend history.
How much dividend does Flowserve pay?
Flowserve paid $0.63 in 2024, $0.8 in 2023, $0.8 in 2022, $0.8 in 2021, and $0.8 in 2020.
How often does Flowserve pay dividends?
Flowserve typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Flowserve's dividend yield?
The current dividend yield for Flowserve is 1.36%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Flowserve's exact dividend yield.
When does Flowserve go ex dividend?
Flowserve's ex-dividend date for the latest dividend was on 2024-09-27. Flowserve typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Flowserve dividend paid?
Flowserve pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Flowserve increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Flowserve will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Flowserve dividend per share?
Flowserve paid $0.63 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Flowserve pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Flowserve a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Flowserve a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Flowserve a dividend stock?
Yes, Flowserve is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Flowserve a good dividend stock?
Whether Flowserve is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Flowserve has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Flowserve 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.
Other factors to consider when evaluating Flowserve 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.
Does Flowserve pay dividends monthly?
Flowserve typically pays dividends on a quarterly basis.
Does Flowserve pay dividends quarterly?
Flowserve currently pays dividends on a quarterly basis.
Has Flowserve ever paid a dividend?
Yes, Flowserve has a history of paying dividends to its shareholders. Flowserve is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Flowserve dividend stocks?
To buy Flowserve you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Flowserve 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.
Place an order: Use the brokerage's trading platform to place an order to buy Flowserve 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.
When does Flowserve pay dividends 2024?
Flowserve pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Flowserve increase its dividend in 2024?
Decisions regarding Flowserve dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Flowserve dividend overview you can look into the above table of dividend history.
How Flowserve dividend works?
The Flowserve dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Flowserve's dividend process works:
1. Determination of Dividend: Flowserve'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, Flowserve 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, Flowserve 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 Flowserve 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. Determination of Dividend: Flowserve'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, Flowserve 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, Flowserve 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 Flowserve 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.
How are Flowserve dividends paid?
Flowserve dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Flowserve 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, Flowserve distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Flowserve 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.
1. Record Date: Flowserve 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, Flowserve distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Flowserve 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.
How many times does Flowserve pay dividends?
Flowserve typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Flowserve pay dividends?
The general pattern is that Flowserve pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Flowserve dividend safe?
The safety of Flowserve's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Flowserve'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 Flowserve'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.
To assess the safety of Flowserve'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 Flowserve'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.