Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally. The company operates through Flowtech, Fluidpower Group Solutions, and Fluidpower Group Service segments. The Flowtech segment supplies hydraulic and pneumatic consumables to original equipment manufacturers. Its Fluidpower Group Solutions segment supplies specialist technical hydraulic components and systems to original equipment manufacturers and end-users. The company's Fluidpower Group Service segment engages in design, manufacturing, commissioning, installation, and servicing of systems to manufacturers of specialised industrial, mobile hydraulic original equipment manufacturers, and industrial end users. In addition, the company offers pumps, motors, valves, cylinders, filters, compressors, filtration, valves, cylinders, hose and tubing, fittings equipment, and vacuum products. It serves packaging, construction, agriculture, defense, aerospace, oil and gas, heavy machinery for lifting and moving equipment, food processing, electronics, medical, and automotive industries. The company was founded in 1983 and is headquartered in Wilmslow, the United Kingdom.
Flowtech Fluidpower Dividend Announcement
• Flowtech Fluidpower announced a annually dividend of £2.20 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-20
• Flowtech Fluidpower annual dividend for 2024 was £2.20
• Flowtech Fluidpower annual dividend for 2023 was £2.10
• Flowtech Fluidpower's trailing twelve-month (TTM) dividend yield is 2.6%
• Flowtech Fluidpower's payout ratio for the trailing twelve months (TTM) is -9.12%
Flowtech Fluidpower Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | £2.20 | annually | 2024-07-19 |
2023-06-22 | £2.10 | annually | 2023-07-21 |
2022-06-30 | £2.00 | annually | 2022-07-22 |
2019-10-03 | £2.13 | annually | 2019-10-29 |
2019-06-06 | £4.04 | annually | 2019-07-12 |
2018-09-27 | £2.03 | annually | 2018-10-26 |
2018-06-07 | £3.85 | annually | 2018-07-13 |
2017-09-28 | £1.93 | annually | 2017-10-24 |
2017-06-01 | £3.67 | annually | 2017-06-23 |
2016-09-29 | £1.84 | annually | 2016-10-25 |
2016-06-02 | £3.50 | annually | 2016-06-24 |
2015-10-01 | £1.75 | annually | |
2015-06-04 | £3.33 | annually | 2015-06-24 |
2014-09-24 | £1.67 | annually | 2014-10-24 |
Flowtech Fluidpower Dividend per year
Flowtech Fluidpower Dividend growth
Flowtech Fluidpower Dividend Yield
Flowtech Fluidpower current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing Flowtech Fluidpower stock? Use our calculator to estimate your expected dividend yield:
Flowtech Fluidpower Financial Ratios
Flowtech Fluidpower Dividend FAQ
Other factors to consider when evaluating Flowtech Fluidpower 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: Flowtech Fluidpower'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, Flowtech Fluidpower 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, Flowtech Fluidpower 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 Flowtech Fluidpower 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: Flowtech Fluidpower 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, Flowtech Fluidpower distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Flowtech Fluidpower 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 Flowtech Fluidpower'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 Flowtech Fluidpower'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.