Gesco AG operates in the process, resource, healthcare, and infrastructure technology sectors in Germany and internationally. It develops, produces, and markets plastic spools and injection-molded technical parts. The company also provides special steels, steel foundry, casting, and coating and hardening products. In addition, it turns parts made of brass, aluminum, red brass, and Cuphin in diameters of 6 to 140 mm; and offers galvanic surface finishing, assembly installation, thermal material treatment, soldering, welding, and compression services. Further, it manufactures machine cladding and frames, covers, housings, and containers from high-end stainless-steel sheets; milling machines for linear tooth profiles, and clamping systems; straightening machines and wheel presses for rolling stock; and processing equipment for pharmaceutical, food, water technology, and chemical industries, as well as processes strip steel. Additionally, it offers suspension systems and control box technology for use in medical and automation technology, mechanical engineering, and plant construction; paper sticks for confectionery and hygiene industries; and safety equipment for loading and unloading liquid and gaseous materials on and off ships and tankers. The company was founded in 1989 and is headquartered in Wuppertal, Germany.
Gesco Dividend Announcement
• Gesco announced a annually dividend of €0.40 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-30
• Gesco annual dividend for 2024 was €0.40
• Gesco annual dividend for 2023 was €1.00
• Gesco's trailing twelve-month (TTM) dividend yield is 2.93%
• Gesco's payout ratio for the trailing twelve months (TTM) is 48.04%
Gesco Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-30 | €0.40 | annually | 2024-06-03 |
| 2023-06-13 | €1.00 | annually | 2023-06-15 |
| 2022-08-25 | €0.98 | annually | 2022-08-29 |
| 2020-06-19 | €0.23 | annually | 2020-06-23 |
| 2019-08-30 | €0.90 | annually | 2019-09-03 |
| 2018-08-31 | €0.60 | annually | 2018-09-04 |
| 2017-09-01 | €0.35 | annually | 2017-09-05 |
| 2016-08-26 | €2.00 | annually | 2016-08-26 |
| 2015-08-19 | €1.75 | annually | 2015-08-19 |
| 2014-08-29 | €2.20 | annually | 2014-08-29 |
| 2013-07-26 | €2.50 | annually | 2013-07-26 |
| 2012-08-31 | €2.90 | annually | 2012-08-31 |
Gesco Dividend per year
Gesco Dividend growth
Gesco Dividend Yield
Gesco current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Gesco stock? Use our calculator to estimate your expected dividend yield:
Gesco Financial Ratios
P/E ratio9.24
PEG ratio0.86
P/B ratio0.30
ROE3.19%
Payout ratio48.04%
Current ratio1.83
Quick ratio0.79
Cash Ratio0.22
Gesco Dividend FAQ
How much is the next Gesco dividend?
Gesco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gesco dividend. The next Gesco dividend will be released in June.
When is Gesco dividend paid?
Gesco pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Gesco pay?
The specific amount of Gesco 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 Gesco's dividend history.
Does Gesco stock pay dividends?
Yes, Gesco 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 Gesco's dividend history.
How much dividend does Gesco pay?
Gesco paid €0.4 in 2024, €1.0 in 2023, €0.98 in 2022, €0.0 in 2021, and €0.23 in 2020.
How often does Gesco pay dividends?
Gesco 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 June.
What is Gesco's dividend yield?
The current dividend yield for Gesco is 2.93%. 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 Gesco's exact dividend yield.
When does Gesco go ex dividend?
Gesco's ex-dividend date for the latest dividend was on 2024-05-30. Gesco 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 Gesco dividend paid?
Gesco pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Gesco 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 Gesco 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 Gesco dividend per share?
Gesco paid €0.4 per share in 2024 and €1.0 per share in 2023. The amount of dividend per share that Gesco 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 Gesco 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 Gesco 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 Gesco a dividend stock?
Yes, Gesco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gesco a good dividend stock?
Whether Gesco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gesco has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gesco 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.
Other factors to consider when evaluating Gesco 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 Gesco pay dividends monthly?
Gesco typically pays dividends on a annually basis.
Does Gesco pay dividends quarterly?
Gesco currently pays dividends on a annually basis.
Has Gesco ever paid a dividend?
Yes, Gesco has a history of paying dividends to its shareholders. Gesco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gesco dividend stocks?
To buy Gesco 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 Gesco 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.
Place an order: Use the brokerage's trading platform to place an order to buy Gesco 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 Gesco pay dividends 2024?
Gesco pays dividends on a annually basis. 2024 dividend payments are in 2024-06-03. 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 Gesco increase its dividend in 2024?
Decisions regarding Gesco 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 Gesco dividend overview you can look into the above table of dividend history.
How Gesco dividend works?
The Gesco 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 Gesco's dividend process works:
1. Determination of Dividend: Gesco'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, Gesco 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, Gesco 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 Gesco 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. Determination of Dividend: Gesco'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, Gesco 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, Gesco 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 Gesco 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 Gesco dividends paid?
Gesco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gesco 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, Gesco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gesco 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.
1. Record Date: Gesco 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, Gesco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gesco 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 Gesco pay dividends?
Gesco 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 Gesco pay dividends?
The general pattern is that Gesco pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gesco dividend safe?
The safety of Gesco'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 Gesco'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 Gesco'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.
To assess the safety of Gesco'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 Gesco'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.