Grendene S.A. develops, manufactures, distributes, and sells footwear for women, men, and children primarily in Brazil. The company sells its products under the Melissa, Rider, Grendha, Ipanema, Ilhabela, Zaxy, Cartago, Pega Forte, Grendene Kids, and Zizou brands. It also licenses the use of names and brands of Brazilian and international celebrities, and children's-market characters in the children's media. In addition, the company operates one Melissa showroom in Milan; a network of approximately 336 Clube Melissa franchised stores in Brazil; and four concept stores, including three Galeria Melissa stores in São Paulo, New York, and London, as well as a Casa Ipanema store in Rio de Janeiro. It sells its products through commercial representatives and distributors. The company also exports its products. Grendene S.A. was founded in 1971 and is headquartered in Sobral, Brazil.
Grendene Dividend Announcement
• Grendene announced a quarterly dividend of R$0.01 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-22
• Grendene annual dividend for 2024 was R$0.10
• Grendene annual dividend for 2023 was R$1.27
• Grendene's trailing twelve-month (TTM) dividend yield is 2.95%
• Grendene's payout ratio for the trailing twelve months (TTM) is 35.02%
• Grendene's dividend growth over the last five years (2018-2023) was 22.59% year
• Grendene's dividend growth over the last ten years (2013-2023) was 2.59% year
Grendene Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | R$0.01 | quarterly | 2024-09-04 |
2024-05-22 | R$0.08 | quarterly | 2024-06-05 |
2023-11-22 | R$0.06 | quarterly | 2023-12-06 |
2023-08-22 | R$0.02 | quarterly | 2023-09-06 |
2023-05-23 | R$0.08 | quarterly | 2023-06-07 |
2023-05-03 | R$1.11 | quarterly | 2023-05-17 |
2022-11-04 | R$0.10 | quarterly | 2022-11-23 |
2022-08-12 | R$0.03 | quarterly | 2022-08-31 |
2022-05-10 | R$0.09 | quarterly | 2022-05-25 |
2022-05-03 | R$0.08 | quarterly | 2022-05-18 |
2021-12-17 | R$0.08 | quarterly | 2021-12-28 |
2021-11-08 | R$0.15 | quarterly | 2021-11-24 |
2021-08-06 | R$0.04 | quarterly | 2021-08-18 |
2021-05-11 | R$0.09 | quarterly | 2021-05-19 |
2021-04-23 | R$0.51 | quarterly | 2021-05-12 |
2020-11-06 | R$0.02 | quarterly | 2020-11-18 |
2020-05-06 | R$0.14 | quarterly | 2020-05-20 |
2020-04-23 | R$0.14 | quarterly | |
2019-11-05 | R$0.10 | quarterly | 2019-11-19 |
2019-08-09 | R$0.02 | quarterly | 2019-08-21 |
2019-05-10 | R$0.04 | quarterly | 2019-05-22 |
2019-04-24 | R$0.16 | quarterly | 2019-05-08 |
2018-11-06 | R$0.05 | quarterly | 2018-11-21 |
2018-08-07 | R$0.04 | quarterly | 2018-08-22 |
2018-05-08 | R$0.30 | quarterly | 2018-05-23 |
2018-05-04 | R$0.07 | quarterly | 2018-05-16 |
2017-11-07 | R$0.24 | quarterly | 2017-11-22 |
2017-08-04 | R$0.18 | quarterly | 2017-08-16 |
2017-05-03 | R$0.33 | quarterly | 2017-05-17 |
2017-04-13 | R$0.06 | quarterly | 2017-04-26 |
2016-10-28 | R$0.25 | quarterly | |
2016-08-03 | R$0.15 | quarterly | |
2016-05-04 | R$0.27 | quarterly | |
2016-04-15 | R$0.37 | quarterly | |
2015-10-29 | R$0.18 | quarterly | |
2015-07-30 | R$0.15 | quarterly | |
2015-04-28 | R$0.22 | quarterly | |
2015-04-10 | R$0.32 | quarterly | |
2014-10-31 | R$0.18 | quarterly | |
2014-08-01 | R$0.10 | quarterly | |
2014-04-30 | R$0.14 | quarterly | |
2014-04-11 | R$0.37 | quarterly | |
2013-11-05 | R$0.28 | quarterly | |
2013-08-02 | R$0.14 | quarterly | |
2013-05-08 | R$0.21 | quarterly | |
2013-04-12 | R$0.35 | quarterly |
Grendene Dividend per year
Grendene Dividend growth
Grendene Dividend Yield
Grendene current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing Grendene stock? Use our calculator to estimate your expected dividend yield:
Grendene Financial Ratios
Grendene Dividend FAQ
Other factors to consider when evaluating Grendene 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: Grendene'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, Grendene 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, Grendene 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 Grendene 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: Grendene 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, Grendene distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grendene 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 Grendene'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 Grendene'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.