Fluxys Belgium SA engages in the transmission and storage of natural gas and liquefied natural gas in Belgium. The company sells capacity to its customers to transport natural gas for distribution system operators, power plants, and industrial end-users in Belgium, as well as to send natural gas to border points for transmission to other end-user markets in Europe. It also provides a package of gas trading services that allow its customers to buy and sell gas on Belgian gas trading platforms; and storage services enabling customers to use buffer capacity. In addition, the company sells capacity for loading and unloading liquefied natural gas(LNG) carriers, storage, and regasification of LNG for transmission on the network; loading of LNG trailers or containers to supply local networks or industrial sites in Europe; and supplies filling stations for LNG-fueled trucks and LNG-powered vessels. Further, it is involved in the reinsurance business. The company was incorporated in 1929 and is based in Brussels, Belgium. Fluxys Belgium SA is a subsidiary of Fluxys SA.
Fluxys Belgium Dividend Announcement
• Fluxys Belgium announced a annually dividend of €0.98 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• Fluxys Belgium annual dividend for 2024 was €0.98
• Fluxys Belgium annual dividend for 2023 was €1.40
• Fluxys Belgium's trailing twelve-month (TTM) dividend yield is 5.94%
• Fluxys Belgium's payout ratio for the trailing twelve months (TTM) is 117.07%
• Fluxys Belgium's dividend growth over the last five years (2018-2023) was 2.62% year
• Fluxys Belgium's dividend growth over the last ten years (2013-2023) was -1.33% year
Fluxys Belgium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.98 | annually | 2024-05-22 |
2023-05-15 | €1.40 | annually | 2023-05-17 |
2022-05-16 | €1.38 | annually | 2022-05-18 |
2021-05-17 | €1.37 | annually | 2021-05-19 |
2020-05-18 | €1.30 | annually | 2020-05-20 |
2019-05-21 | €1.26 | annually | 2019-05-23 |
2018-05-15 | €1.23 | annually | 2018-05-17 |
2017-05-16 | €1.20 | annually | 2017-05-18 |
2016-05-18 | €1.20 | annually | 2016-05-20 |
2015-05-15 | €1.20 | annually | 2015-05-19 |
2014-05-15 | €1.32 | annually | 2014-05-20 |
2013-05-17 | €1.60 | annually | 2013-05-22 |
Fluxys Belgium Dividend per year
Fluxys Belgium Dividend growth
Fluxys Belgium Dividend Yield
Fluxys Belgium current trailing twelve-month (TTM) dividend yield is 5.94%. Interested in purchasing Fluxys Belgium stock? Use our calculator to estimate your expected dividend yield:
Fluxys Belgium Financial Ratios
Fluxys Belgium Dividend FAQ
Other factors to consider when evaluating Fluxys Belgium 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: Fluxys Belgium'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, Fluxys Belgium 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, Fluxys Belgium 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 Fluxys Belgium 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: Fluxys Belgium 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, Fluxys Belgium distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fluxys Belgium 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 Fluxys Belgium'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 Fluxys Belgium'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.