Hexagon AB (publ) provides information technology solutions for geospatial and industrial applications worldwide. The company operates through two segments, Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers metrology systems that incorporate the in-sensor technology for measurements, as well as computer-aided design, computer-aided manufacturing, and computer-aided engineering software. Its solutions include coordinate measuring machines, laser trackers and scanners, industrial metrology software, and operations management solutions. This segment's solutions are used in electronics and manufacturing, power and energy, automotive, aerospace and defense, and other industries. The GIS segment provides sensors for capturing data from land and air, as well as for positioning through satellites; and GIS software for the creation of 3D maps and models, which are used for decision-making in various software applications covering areas comprising surveying, construction, public safety, and agriculture. Its solutions comprise laser scanner, airborne camera, unmanned aerial vehicle, mobile mapping technology, and precise positioning solutions. This segment's solutions are used in surveying, infrastructure and construction, natural resources, public safety, aerospace and defense, and other industries. The company was formerly known as Eken Industri & Handel AB and changed its name to Hexagon AB (publ) in 1993. Hexagon AB (publ) was incorporated in 1975 and is headquartered in Stockholm, Sweden.
Hexagon Dividend Announcement
• Hexagon announced a annually dividend of $0.08 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-01
• Hexagon annual dividend for 2024 was $0.08
• Hexagon annual dividend for 2023 was $0.13
• Hexagon's trailing twelve-month (TTM) dividend yield is 0.98%
• Hexagon's payout ratio for the trailing twelve months (TTM) is 36.28%
• Hexagon's dividend growth over the last five years (2018-2023) was -27.53% year
• Hexagon's dividend growth over the last ten years (2013-2023) was -9.82% year
Hexagon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-01 | $0.08 | annually | 2024-05-28 |
2023-05-03 | $0.13 | annually | 2023-05-26 |
2022-05-02 | $0.12 | annually | 2022-05-25 |
2021-04-30 | $0.77 | annually | 2021-05-25 |
2020-12-02 | $0.73 | annually | 2020-12-28 |
2019-04-09 | $0.67 | annually | 2019-05-02 |
2018-05-07 | $0.65 | annually | 2018-05-31 |
2017-05-02 | $0.51 | annually | 2017-05-26 |
2016-05-10 | $0.47 | annually | 2016-06-03 |
2015-05-06 | $0.38 | annually | 2015-06-02 |
2014-05-12 | $0.43 | annually | 2014-06-05 |
2013-05-14 | $0.36 | annually | 2013-06-07 |
Hexagon Dividend per year
Hexagon Dividend growth
Hexagon Dividend Yield
Hexagon current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing Hexagon stock? Use our calculator to estimate your expected dividend yield:
Hexagon Financial Ratios
Hexagon Dividend FAQ
Other factors to consider when evaluating Hexagon 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: Hexagon'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, Hexagon 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, Hexagon 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 Hexagon 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: Hexagon 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, Hexagon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hexagon 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 Hexagon'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 Hexagon'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.