General Commercial & Industrial S.A. supplies industrial and hydraulic equipment in Greece and East European countries. It offers pipes, fittings, flanges, valves, building-HVAC, manhole covers and gratings, and other products, such as water meters, electrodes, compressed soft fiber and spiral wound gaskets, ring joints, stud bolts with nuts, dismantling and expansion joints, and hand and power tools, as well as firefighting products, including sprinklers, valves and systems, foam systems, grooved products, valves, and various hangers and fasteners. The company is also involved in producing, marketing, and supplying energy from renewable energy sources and conventional fuels. It serves industrial, hydraulic works, infrastructure projects, energy, shipping, refineries industries. The company was founded in 1966 and is based in Aspropyrgos, Greece.
General Commercial & Industrial Dividend Announcement
• General Commercial & Industrial announced a annually dividend of €0.07 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-14
• General Commercial & Industrial annual dividend for 2024 was €0.07
• General Commercial & Industrial annual dividend for 2023 was €0.07
• General Commercial & Industrial's trailing twelve-month (TTM) dividend yield is 5.84%
• General Commercial & Industrial's payout ratio for the trailing twelve months (TTM) is 92.31%
• General Commercial & Industrial's dividend growth over the last five years (2018-2023) was 20.11% year
General Commercial & Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-14 | €0.07 | annually | 2024-05-21 |
2023-04-25 | €0.07 | annually | 2023-05-02 |
2022-04-12 | €0.06 | annually | 2022-04-19 |
2021-05-25 | €0.04 | annually | 2021-05-31 |
2020-05-05 | €0.04 | annually | 2020-05-11 |
2019-07-01 | €0.03 | annually | 2019-07-08 |
2018-07-02 | €0.03 | annually | 2018-07-09 |
2017-07-10 | €0.01 | annually | 2017-07-17 |
2016-07-11 | €0.01 | annually | |
2015-08-03 | €0.02 | annually | |
2014-07-07 | €0.02 | annually | |
2012-06-18 | €0.02 | annually |
General Commercial & Industrial Dividend per year
General Commercial & Industrial Dividend growth
General Commercial & Industrial Dividend Yield
General Commercial & Industrial current trailing twelve-month (TTM) dividend yield is 5.84%. Interested in purchasing General Commercial & Industrial stock? Use our calculator to estimate your expected dividend yield:
General Commercial & Industrial Financial Ratios
General Commercial & Industrial Dividend FAQ
Other factors to consider when evaluating General Commercial & Industrial 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: General Commercial & Industrial'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, General Commercial & Industrial 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, General Commercial & Industrial 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 General Commercial & Industrial 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: General Commercial & Industrial 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, General Commercial & Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: General Commercial & Industrial 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 General Commercial & Industrial'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 General Commercial & Industrial'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.