Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground water drilling services. It also drills wells for drinking, irrigation, industrial water, and dewatering wells; and undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods, and large diameter well fields for residential supply in urban environments, as well as provides inspection, servicing, and rehabilitation services for existing wells. As of December 31, 2021, the company operated 302 drill rigs, including 62 rotary drilling rigs, 190 core diamond drilling rigs, 18 combination rigs, and 32 underground rigs. It serves mining companies, governmental organizations, and international development funds. The company was founded in 1961 and is headquartered in Marseille, France.
Foraco International Dividend Announcement
• Foraco International announced a annually dividend of C$0.06 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-04-22
• Foraco International annual dividend for 2024 was C$0.06
• Foraco International's trailing twelve-month (TTM) dividend yield is 3.89%
Foraco International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-22 | C$0.06 | annually | 2024-07-18 |
2013-05-27 | C$0.11 | annually | 2013-06-15 |
2012-04-17 | C$0.05 | annually | 2012-05-15 |
2011-06-23 | C$0.03 | annually | |
2011-05-13 | C$0.04 | annually | 2011-06-23 |
2010-05-20 | C$0.03 | annually | 2010-06-15 |
2009-06-09 | C$0.02 | annually | 2009-07-02 |
2008-06-11 | C$0.02 | annually | 2008-06-13 |
Foraco International Dividend per year
Foraco International Dividend growth
Foraco International Dividend Yield
Foraco International current trailing twelve-month (TTM) dividend yield is 3.89%. Interested in purchasing Foraco International stock? Use our calculator to estimate your expected dividend yield:
Foraco International Financial Ratios
Foraco International Dividend FAQ
Other factors to consider when evaluating Foraco International 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: Foraco International'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, Foraco International 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, Foraco International 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 Foraco International 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: Foraco International 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, Foraco International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Foraco International 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 Foraco International'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 Foraco International'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.