Fras-le S.A. develops, produces, and sells friction materials for braking systems and other products in Brazil. The company offers brake linings for commercial vehicles; brake pads for commercial vehicles, automobiles, and motorcycles; brake linings for automobiles and railway shoes; brake shoes for commercial vehicles and automobiles; and clutch facings, molded linings, universal sheets, and industrial products. It also provides brake discs, drums, wheel Hubs, hydraulic cylinders, servo brakes, repair kits, actuators, and retaining valves for the brake system; shock absorbers, shock absorbers kits, suspension bushing kits, pivots, trays, and ball joints for the suspension system and steering, powertrain; pistons, valves, water pumps, oil pumps, fuel pumps, hoses, air filters, and gaskets for the engine; brake fluids, coolants, antifreeze, anticorrosive, additives, and lubricants; and cardan shaft and accessories, bearings, crosspieces, axles, shafts, repair kits, pinions, crowns, homokinetic joint gaskets, flanges, linkage bars, reaction bars, tie rod ends, steering bars, connection bars, CV joints, side steering rods, rod ends, joints, backing plates, riveting machines, rivets, dies, and iron and steel scraps. The company also exports its products to Europe, South America, and the Asia Pacific region. It serves OEMs and aftermarkets. Fras-le S.A. was founded in 1954 and is headquartered in Caxias do Sul, Brazil.
Fras-le Dividend Announcement
• Fras-le announced a semi annually dividend of R$0.25 per ordinary share which will be made payable on 2024-08-14. Ex dividend date: 2024-07-23
• Fras-le annual dividend for 2024 was R$0.38
• Fras-le annual dividend for 2023 was R$0.47
• Fras-le's trailing twelve-month (TTM) dividend yield is 2.82%
• Fras-le's payout ratio for the trailing twelve months (TTM) is 47.71%
• Fras-le's dividend growth over the last five years (2018-2023) was 15.41% year
• Fras-le's dividend growth over the last ten years (2013-2023) was 15.12% year
Fras-le Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-23 | R$0.25 | semi annually | 2024-08-14 |
2024-04-23 | R$0.13 | semi annually | 2024-04-30 |
2023-12-21 | R$0.23 | semi annually | 2024-01-23 |
2023-07-21 | R$0.24 | semi annually | 2023-08-14 |
2022-12-22 | R$0.18 | semi annually | |
2022-07-20 | R$0.09 | semi annually | 2022-08-24 |
2022-04-19 | R$0.09 | semi annually | 2022-04-28 |
2021-12-22 | R$0.11 | semi annually | 2022-01-19 |
2021-07-23 | R$0.09 | semi annually | 2021-08-18 |
2021-04-19 | R$0.10 | semi annually | 2021-04-30 |
2020-12-21 | R$0.17 | semi annually | 2021-01-20 |
2019-12-17 | R$0.07 | semi annually | 2020-01-23 |
2019-07-29 | R$0.04 | semi annually | 2019-08-09 |
2019-05-06 | R$0.19 | semi annually | 2019-05-15 |
2018-12-17 | R$0.12 | semi annually | 2019-01-23 |
2018-06-28 | R$0.11 | semi annually | 2018-07-25 |
2017-12-20 | R$0.12 | semi annually | 2018-01-23 |
2017-06-23 | R$0.12 | semi annually | 2017-07-25 |
2017-05-05 | R$0.05 | semi annually | 2017-05-12 |
2016-12-20 | R$0.03 | semi annually | |
2016-07-18 | R$0.04 | semi annually | |
2016-04-11 | R$0.03 | semi annually | |
2015-12-11 | R$0.05 | semi annually | |
2015-07-01 | R$0.06 | semi annually | |
2015-04-16 | R$0.02 | semi annually | |
2014-12-08 | R$0.04 | semi annually | |
2014-06-24 | R$0.07 | semi annually | |
2014-04-16 | R$0.02 | semi annually | |
2013-12-17 | R$0.04 | semi annually | |
2013-06-24 | R$0.06 | semi annually | |
2013-04-05 | R$0.01 | semi annually |
Fras-le Dividend per year
Fras-le Dividend growth
Fras-le Dividend Yield
Fras-le current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Fras-le stock? Use our calculator to estimate your expected dividend yield:
Fras-le Financial Ratios
Fras-le Dividend FAQ
Other factors to consider when evaluating Fras-le 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: Fras-le'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, Fras-le 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, Fras-le 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 Fras-le 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: Fras-le 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, Fras-le distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fras-le 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 Fras-le'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 Fras-le'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.