Freightways Group Limited, together with its subsidiaries, provides express package and business mail services in New Zealand, Australia, and internationally. It operates through Express Package & Business Mail, Information Management, and Corporate and Other segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, and NOW Couriers brands; and point-to-point courier services under the SUB60, Kiwi Express, Stuck, and Security Express brands. It also provides mail delivery services under the DX Mail brand; and mailhouse-print services and digital mail presentation platforms under the Dataprint brand. In addition, it provides a range of physical storage and information management, as well as digital information processing services, such as digitalisation, business process outsourcing, online back-up, and eDiscovery services, as well as document destruction and medical waste services primarily under the Shred-X and Med-X brands, as well as operates line-haul on the arterial roads under the Parceline Express name. Further, the company offers general and aviation engineering services; and aviation-related, IT infrastructure support, treasury management, and financing and property management services. The company was formerly known as Freightways Limited and changed its name to Freightways Group Limited in March 2023. Freightways Group Limited was founded in 1964 and is based in Penrose, New Zealand.
Freightways Dividend Announcement
• Freightways announced a semi annually dividend of NZ$0.19 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-11
• Freightways annual dividend for 2024 was NZ$0.37
• Freightways annual dividend for 2023 was NZ$0.37
• Freightways's trailing twelve-month (TTM) dividend yield is 3.64%
• Freightways's payout ratio for the trailing twelve months (TTM) is 76.44%
• Freightways's dividend growth over the last five years (2018-2023) was 4.46% year
• Freightways's dividend growth over the last ten years (2013-2023) was 27.31% year
Freightways Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-11 | NZ$0.19 | semi annually | 2024-10-01 |
| 2024-03-07 | NZ$0.18 | semi annually | |
| 2023-09-14 | NZ$0.19 | semi annually | 2023-10-02 |
| 2023-03-09 | NZ$0.18 | semi annually | 2023-04-03 |
| 2022-09-15 | NZ$0.19 | semi annually | 2022-10-03 |
| 2022-03-10 | NZ$0.18 | semi annually | 2022-04-01 |
| 2021-09-16 | NZ$0.18 | semi annually | 2021-10-01 |
| 2021-03-11 | NZ$0.15 | semi annually | 2021-04-01 |
| 2020-03-12 | NZ$0.15 | semi annually | 2020-04-01 |
| 2019-09-12 | NZ$0.15 | semi annually | 2019-10-01 |
| 2019-03-14 | NZ$0.15 | semi annually | 2019-04-01 |
| 2018-09-13 | NZ$0.15 | semi annually | 2018-10-02 |
| 2018-03-15 | NZ$0.14 | semi annually | 2018-04-03 |
| 2017-09-14 | NZ$0.15 | semi annually | 2017-10-02 |
| 2017-03-16 | NZ$0.13 | semi annually | 2017-04-03 |
| 2016-09-15 | NZ$0.14 | semi annually | |
| 2016-03-17 | NZ$0.13 | semi annually | |
| 2015-09-16 | NZ$0.12 | semi annually | |
| 2015-03-18 | NZ$0.12 | semi annually | |
| 2014-09-17 | NZ$0.11 | semi annually | |
| 2014-03-19 | NZ$0.10 | semi annually | |
| 2013-09-11 | NZ$0.02 | semi annually | |
| 2013-03-13 | NZ$0.02 | semi annually |
Freightways Dividend per year
Freightways Dividend growth
Freightways Dividend Yield
Freightways current trailing twelve-month (TTM) dividend yield is 3.64%. Interested in purchasing Freightways stock? Use our calculator to estimate your expected dividend yield:
Freightways Financial Ratios
P/E ratio20.07
PEG ratio0.20
P/B ratio3.72
ROE18.58%
Payout ratio76.44%
Current ratio0.87
Quick ratio0.83
Cash Ratio0.15
Freightways Dividend FAQ
How much is the next Freightways dividend?
Freightways's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Freightways dividend. The next Freightways dividend will be released in March, or September.
When is Freightways dividend paid?
Freightways pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. 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 Freightways pay?
The specific amount of Freightways 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 Freightways's dividend history.
Does Freightways stock pay dividends?
Yes, Freightways 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 Freightways's dividend history.
How much dividend does Freightways pay?
Freightways paid NZ$0.37 in 2024, NZ$0.37 in 2023, NZ$0.37 in 2022, NZ$0.335 in 2021, and NZ$0.15 in 2020.
How often does Freightways pay dividends?
Freightways typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Freightways's dividend yield?
The current dividend yield for Freightways is 3.64%. 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 Freightways's exact dividend yield.
When does Freightways go ex dividend?
Freightways's ex-dividend date for the latest dividend was on 2024-09-11. Freightways 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 Freightways dividend paid?
Freightways pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Freightways 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 Freightways 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 Freightways dividend per share?
Freightways paid NZ$0.37 per share in 2024 and NZ$0.37 per share in 2023. The amount of dividend per share that Freightways 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 Freightways 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 Freightways 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 Freightways a dividend stock?
Yes, Freightways is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Freightways a good dividend stock?
Whether Freightways is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Freightways has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Freightways 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 Freightways 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 Freightways pay dividends monthly?
Freightways typically pays dividends on a semi annually basis.
Does Freightways pay dividends quarterly?
Freightways currently pays dividends on a semi annually basis.
Has Freightways ever paid a dividend?
Yes, Freightways has a history of paying dividends to its shareholders. Freightways is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Freightways dividend stocks?
To buy Freightways 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 Freightways 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 Freightways 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 Freightways pay dividends 2024?
Freightways pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-01. 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 Freightways increase its dividend in 2024?
Decisions regarding Freightways 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 Freightways dividend overview you can look into the above table of dividend history.
How Freightways dividend works?
The Freightways 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 Freightways's dividend process works:
1. Determination of Dividend: Freightways'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, Freightways 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, Freightways 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 Freightways 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: Freightways'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, Freightways 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, Freightways 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 Freightways 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 Freightways dividends paid?
Freightways dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Freightways 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, Freightways distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Freightways 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: Freightways 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, Freightways distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Freightways 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 Freightways pay dividends?
Freightways typically pays dividends on a semi annually 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 Freightways pay dividends?
The general pattern is that Freightways pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Freightways dividend safe?
The safety of Freightways'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 Freightways'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 Freightways'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 Freightways'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 Freightways'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.