Generation Development Group Limited manages and markets life insurance and life investment products and services to the retail sector in Australia. The company operates in two segments, Benefit Funds Management & Funds Administration, and Other Business. It offers investment bond product solutions and administration and management services. The company was formerly known as Austock Group Limited and changed its name to Generation Development Group Limited in March 2018. Generation Development Group Limited was founded in 1991 and is based in Melbourne, Australia.
Generation Development Dividend Announcement
• Generation Development announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-06
• Generation Development annual dividend for 2024 was A$0.02
• Generation Development annual dividend for 2023 was A$0.02
• Generation Development's trailing twelve-month (TTM) dividend yield is 0.58%
• Generation Development's payout ratio for the trailing twelve months (TTM) is 0.88%
• Generation Development's dividend growth over the last five years (2018-2023) was -0.32% year
• Generation Development's dividend growth over the last ten years (2013-2023) was 0.11% year
Generation Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-06 | A$0.01 | semi annually | 2024-10-07 |
2024-03-11 | A$0.01 | semi annually | |
2023-09-08 | A$0.01 | semi annually | 2023-10-05 |
2023-03-13 | A$0.01 | semi annually | 2023-04-06 |
2022-09-09 | A$0.01 | semi annually | 2022-10-06 |
2022-03-15 | A$0.01 | semi annually | 2022-04-08 |
2021-09-09 | A$0.01 | semi annually | 2021-10-06 |
2021-03-16 | A$0.01 | semi annually | 2021-04-12 |
2020-09-10 | A$0.01 | semi annually | 2020-10-01 |
2020-03-18 | A$0.01 | semi annually | 2020-04-14 |
2019-09-24 | A$0.01 | semi annually | 2019-10-10 |
2019-03-15 | A$0.01 | semi annually | 2019-04-03 |
2018-09-25 | A$0.01 | semi annually | 2018-10-11 |
2018-03-19 | A$0.01 | semi annually | 2018-04-05 |
2017-09-26 | A$0.01 | semi annually | 2017-10-11 |
2017-04-03 | A$0.01 | semi annually | 2017-04-20 |
2016-09-05 | A$0.01 | semi annually | 2016-09-29 |
2016-03-03 | A$0.01 | semi annually | 2016-03-31 |
2015-09-03 | A$0.01 | semi annually | 2015-09-30 |
2015-03-04 | A$0.01 | semi annually | 2015-03-31 |
2014-09-03 | A$0.01 | semi annually | 2014-09-24 |
2014-03-05 | A$0.01 | semi annually | 2014-04-11 |
2013-09-11 | A$0.01 | semi annually | 2013-10-01 |
2013-04-04 | A$0.01 | semi annually | 2013-04-19 |
Generation Development Dividend per year
Generation Development Dividend growth
Generation Development Dividend Yield
Generation Development current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing Generation Development stock? Use our calculator to estimate your expected dividend yield:
Generation Development Financial Ratios
Generation Development Dividend FAQ
Other factors to consider when evaluating Generation Development 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: Generation Development'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, Generation Development 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, Generation Development 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 Generation Development 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: Generation Development 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, Generation Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Generation Development 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 Generation Development'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 Generation Development'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.