Genuit Group plc develops, manufactures, and sells water, climate, and ventilation management solutions in the United Kingdom, rest of the Europe, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage systems, rainwater solutions, and various plastic hot and cold plumbing products, as well as commercial ventilation, underfloor heating, hydronic filters, and plastic plumbing systems. The company also provides floor heating systems, air and ground source heat pumps, and other renewable heating systems. In addition, it offers rainwater store and re-use, engineered water management, and stormwater solutions; chambers, platform accessories, magnetic filters, and chemicals and related products, as well as surface water retention, infiltration, surface water treatment, and flow control devices. Further, the company provides terrain and surface water drainage systems; sewer systems; and cable protection products. It offers its products for use in the residential, commercial, civil, infrastructure, and public non-housing sectors. The company was formerly known as Polypipe Group plc and changed its name to Genuit Group plc in April 2021. Genuit Group plc was founded in 1980 and is headquartered in Leeds, the United Kingdom.
Genuit Dividend Announcement
• Genuit announced a semi annually dividend of £4.10 per ordinary share which will be made payable on 2024-10-02. Ex dividend date: 2024-08-29
• Genuit annual dividend for 2024 was £12.40
• Genuit annual dividend for 2023 was £12.30
• Genuit's trailing twelve-month (TTM) dividend yield is 2.66%
• Genuit's payout ratio for the trailing twelve months (TTM) is 130.08%
• Genuit's dividend growth over the last five years (2018-2023) was 1.89% year
Genuit Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | £4.10 | semi annually | 2024-10-02 |
2024-05-02 | £8.30 | semi annually | 2024-06-05 |
2023-08-31 | £4.10 | semi annually | 2023-09-27 |
2023-04-20 | £8.20 | semi annually | 2023-05-24 |
2022-09-01 | £4.10 | semi annually | 2022-09-28 |
2022-04-21 | £8.20 | semi annually | 2022-05-25 |
2021-09-02 | £4.00 | semi annually | 2021-09-24 |
2021-04-22 | £4.80 | semi annually | 2021-05-26 |
2020-04-23 | £8.10 | semi annually | |
2019-08-29 | £4.00 | semi annually | 2019-09-20 |
2019-04-18 | £7.90 | semi annually | 2019-05-29 |
2018-08-30 | £3.70 | semi annually | 2018-09-21 |
2018-04-19 | £7.50 | semi annually | 2018-05-25 |
2017-08-24 | £3.60 | semi annually | 2017-09-22 |
2017-04-27 | £7.00 | semi annually | 2017-06-02 |
2016-08-25 | £3.10 | semi annually | |
2016-04-28 | £5.50 | semi annually | |
2015-08-27 | £2.30 | semi annually | |
2015-05-07 | £3.00 | semi annually | |
2014-08-27 | £1.50 | semi annually |
Genuit Dividend per year
Genuit Dividend growth
Genuit Dividend Yield
Genuit current trailing twelve-month (TTM) dividend yield is 2.66%. Interested in purchasing Genuit stock? Use our calculator to estimate your expected dividend yield:
Genuit Financial Ratios
Genuit Dividend FAQ
Other factors to consider when evaluating Genuit 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: Genuit'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, Genuit 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, Genuit 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 Genuit 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: Genuit 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, Genuit distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Genuit 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 Genuit'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 Genuit'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.