Gem Diamonds Limited operates diamond mines. The company's flagship project is the Leteng mine located in the located in the Maluti Mountains of Lesotho. It is also involved in the production, manufacture, wholesale, retail, and marketing rough and polished diamonds. In addition, the company provides technical, financial, administrative, and management consulting services. It operates in Lesotho, Belgium, British Virgin Islands, Republic of South Africa, the United Kingdom, and Cyprus. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.
Gem Diamonds Dividend Announcement
• Gem Diamonds announced a annually dividend of $0.03 per ordinary share which will be made payable on 2022-06-21. Ex dividend date: 2022-05-19 • Gem Diamonds's trailing twelve-month (TTM) dividend yield is -%
Gem Diamonds current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gem Diamonds stock? Use our calculator to estimate your expected dividend yield:
Gem Diamonds Financial Ratios
P/E ratio45.39
PEG ratio10.89
P/B ratio0.11
ROE0.24%
Payout ratio0.00%
Current ratio1.56
Quick ratio0.75
Cash Ratio0.43
Gem Diamonds Dividend FAQ
How much is the next Gem Diamonds dividend?
Gem Diamonds's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gem Diamonds dividend. The next Gem Diamonds dividend will be released in May.
When is Gem Diamonds dividend paid?
Gem Diamonds pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Gem Diamonds pay?
The specific amount of Gem Diamonds 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 Gem Diamonds's dividend history.
Does Gem Diamonds stock pay dividends?
Yes, Gem Diamonds 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 Gem Diamonds's dividend history.
How much dividend does Gem Diamonds pay?
Gem Diamonds paid $0.0 in 2024, $0.0 in 2023, $0.027 in 2022, $0.025 in 2021, and $0.0 in 2020.
How often does Gem Diamonds pay dividends?
Gem Diamonds typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Gem Diamonds's dividend yield?
The current dividend yield for Gem Diamonds is -%. 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 Gem Diamonds's exact dividend yield.
When does Gem Diamonds go ex dividend?
Gem Diamonds's ex-dividend date for the latest dividend was on 2022-05-19. Gem Diamonds 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 Gem Diamonds dividend paid?
Gem Diamonds pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Gem Diamonds 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 Gem Diamonds 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 Gem Diamonds dividend per share?
Gem Diamonds paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Gem Diamonds 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 Gem Diamonds 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 Gem Diamonds 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 Gem Diamonds a dividend stock?
Yes, Gem Diamonds is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gem Diamonds a good dividend stock?
Whether Gem Diamonds is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gem Diamonds has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gem Diamonds 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 Gem Diamonds pay dividends monthly?
Gem Diamonds typically pays dividends on a annually basis.
Does Gem Diamonds pay dividends quarterly?
Gem Diamonds currently pays dividends on a annually basis.
Has Gem Diamonds ever paid a dividend?
Yes, Gem Diamonds has a history of paying dividends to its shareholders. Gem Diamonds is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gem Diamonds dividend stocks?
To buy Gem Diamonds 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 Gem Diamonds 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 Gem Diamonds pay dividends 2024?
Gem Diamonds pays dividends on a annually basis. 2024 dividend payments are in 2022-06-21. 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 Gem Diamonds increase its dividend in 2024?
Decisions regarding Gem Diamonds 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 Gem Diamonds dividend overview you can look into the above table of dividend history.
How Gem Diamonds dividend works?
The Gem Diamonds 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 Gem Diamonds's dividend process works:
1. Determination of Dividend: Gem Diamonds'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, Gem Diamonds 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, Gem Diamonds 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 Gem Diamonds 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 Gem Diamonds dividends paid?
Gem Diamonds dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gem Diamonds 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, Gem Diamonds distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gem Diamonds 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 Gem Diamonds pay dividends?
Gem Diamonds typically pays dividends on a 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 Gem Diamonds pay dividends?
The general pattern is that Gem Diamonds pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gem Diamonds dividend safe?
The safety of Gem Diamonds'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 Gem Diamonds'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 Gem Diamonds'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.