Gestamp Automoción, S.A. designs, develops, manufactures, and sells metal automotive components in Europe, North America, South America, and Asia. The company offers Body-in-White products, such as bonnets, roofs, doors, and mudguards, as well as other surface and assembly parts; and structural and crash-related elements that include floors, pillars, rails, and wheel arches. It also provides chassis parts, such as systems; frames and related parts comprising front and rear axles and couplings; control arms; and integrated couplings. In addition, the company offers mechanism parts, including hinges, door checks, electrical systems, and powered systems, as well as driver controls. It provides its products to manufacturers of light vehicles. The company was incorporated in 1997 and is headquartered in Madrid, Spain. Gestamp Automoción, S.A. is a subsidiary of Gestamp 2020, S.L.
Gestamp Automoción Dividend Announcement
• Gestamp Automoción announced a semi annually dividend of €0.08 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-07-01
• Gestamp Automoción annual dividend for 2024 was €0.15
• Gestamp Automoción annual dividend for 2023 was €0.14
• Gestamp Automoción's trailing twelve-month (TTM) dividend yield is 5.77%
• Gestamp Automoción's payout ratio for the trailing twelve months (TTM) is 67.16%
Gestamp Automoción Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | €0.08 | semi annually | 2024-07-03 |
2024-01-08 | €0.07 | semi annually | 2024-01-10 |
2023-07-03 | €0.07 | semi annually | 2023-07-05 |
2023-01-10 | €0.06 | semi annually | 2023-01-12 |
2022-07-01 | €0.04 | semi annually | 2022-07-05 |
2022-01-10 | €0.04 | semi annually | 2022-01-12 |
2020-01-10 | €0.06 | semi annually | 2020-01-14 |
2019-07-03 | €0.07 | semi annually | 2019-07-05 |
2019-01-10 | €0.07 | semi annually | 2019-01-14 |
2018-07-04 | €0.12 | semi annually | 2018-07-06 |
Gestamp Automoción Dividend per year
Gestamp Automoción Dividend growth
Gestamp Automoción Dividend Yield
Gestamp Automoción current trailing twelve-month (TTM) dividend yield is 5.77%. Interested in purchasing Gestamp Automoción stock? Use our calculator to estimate your expected dividend yield:
Gestamp Automoción Financial Ratios
Gestamp Automoción Dividend FAQ
Other factors to consider when evaluating Gestamp Automoción 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: Gestamp Automoción'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, Gestamp Automoción 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, Gestamp Automoción 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 Gestamp Automoción 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: Gestamp Automoción 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, Gestamp Automoción distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gestamp Automoción 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 Gestamp Automoción'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 Gestamp Automoción'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.