GEA Group Aktiengesellschaft engages in the development and production of systems and components for the food processing industry worldwide. The company operates through five divisions: Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies. It provides separators, decanters, homogenizers, valves, and pumps; and process solutions for the dairy, food, beverage, chemical, and other industries. The company also offers solutions for food processing and pharmaceutical industries, which includes preparation, marinating, and processing of meat, poultry, seafood, vegan products, pasta production, baking, slicing, packaging, and confectionary, as well as frozen food processing; and granulation systems and tablet presses. In addition, it provides integrated customer solutions for milk production and livestock farming, such as automatic milking, feeding systems, conventional milking solutions, manure handling, and digital herd management tools; and sustainable energy solutions for an array of industries including food, beverage, dairy, and oil and gas in the field of industrial refrigeration and temperature control. The company was formerly known as mg technologies ag and changed its name to GEA Group Aktiengesellschaft in 2005. GEA Group Aktiengesellschaft was founded in 1881 and is headquartered in Düsseldorf, Germany.
GEA Dividend Announcement
• GEA announced a annually dividend of €1.00 per ordinary share which will be made payable on 2024-05-06. Ex dividend date: 2024-05-02
• GEA annual dividend for 2024 was €1.00
• GEA annual dividend for 2023 was €0.95
• GEA's trailing twelve-month (TTM) dividend yield is 2.16%
• GEA's payout ratio for the trailing twelve months (TTM) is 42.81%
• GEA's dividend growth over the last five years (2018-2023) was 2.25% year
• GEA's dividend growth over the last ten years (2013-2023) was 5.62% year
GEA Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-02 | €1.00 | annually | 2024-05-06 |
2023-04-28 | €0.95 | annually | 2023-05-03 |
2022-04-29 | €0.90 | annually | 2022-05-03 |
2021-05-03 | €0.85 | annually | 2021-05-05 |
2020-11-27 | €0.43 | annually | 2020-12-01 |
2020-05-04 | €0.42 | annually | 2020-05-06 |
2019-04-29 | €0.85 | annually | 2019-05-02 |
2018-04-20 | €0.85 | annually | 2018-04-24 |
2017-04-21 | €0.80 | annually | 2017-04-25 |
2016-04-21 | €0.80 | annually | 2016-04-21 |
2015-04-17 | €0.70 | annually | 2015-04-17 |
2014-04-17 | €0.60 | annually | 2014-04-17 |
2013-04-19 | €0.55 | annually | 2013-04-19 |
GEA Dividend per year
GEA Dividend growth
GEA Dividend Yield
GEA current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing GEA stock? Use our calculator to estimate your expected dividend yield:
GEA Financial Ratios
GEA Dividend FAQ
Other factors to consider when evaluating GEA 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: GEA'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, GEA 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, GEA 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 GEA 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: GEA 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, GEA distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GEA 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 GEA'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 GEA'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.