Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.
Hexcel Dividend Announcement
• Hexcel announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-11-08. Ex dividend date: 2024-11-01
• Hexcel annual dividend for 2024 was $0.60
• Hexcel annual dividend for 2023 was $0.50
• Hexcel's trailing twelve-month (TTM) dividend yield is 1.21%
• Hexcel's payout ratio for the trailing twelve months (TTM) is 44.13%
Hexcel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.15 | quarterly | 2024-11-08 |
2024-08-02 | $0.15 | quarterly | 2024-08-09 |
2024-05-02 | $0.15 | quarterly | 2024-05-10 |
2024-02-08 | $0.15 | quarterly | 2024-02-16 |
2023-11-02 | $0.12 | quarterly | 2023-11-13 |
2023-08-03 | $0.12 | quarterly | 2023-08-11 |
2023-05-04 | $0.12 | quarterly | 2023-05-12 |
2023-02-09 | $0.12 | quarterly | 2023-02-17 |
2022-11-03 | $0.10 | quarterly | 2022-11-14 |
2022-08-04 | $0.10 | quarterly | 2022-08-12 |
2022-05-05 | $0.10 | quarterly | 2022-05-13 |
2022-02-10 | $0.10 | quarterly | 2022-02-18 |
2020-02-13 | $0.17 | quarterly | 2020-02-21 |
2019-10-31 | $0.17 | quarterly | 2019-11-08 |
2019-08-01 | $0.17 | quarterly | 2019-08-09 |
2019-05-02 | $0.15 | quarterly | 2019-05-10 |
2019-02-04 | $0.15 | quarterly | 2019-02-12 |
2018-11-01 | $0.15 | quarterly | 2018-11-09 |
2018-08-02 | $0.15 | quarterly | 2018-08-10 |
2018-05-03 | $0.12 | quarterly | 2018-05-11 |
2018-02-05 | $0.12 | quarterly | 2018-02-13 |
2017-10-31 | $0.12 | quarterly | 2017-11-08 |
2017-08-01 | $0.12 | quarterly | 2017-08-10 |
2017-04-28 | $0.11 | quarterly | 2017-05-09 |
2017-02-06 | $0.11 | quarterly | 2017-02-15 |
2016-10-31 | $0.11 | quarterly | 2016-11-09 |
2016-08-01 | $0.11 | quarterly | 2016-08-10 |
2016-05-02 | $0.11 | quarterly | 2016-05-11 |
2016-02-03 | $0.10 | quarterly | 2016-02-12 |
2015-10-29 | $0.10 | quarterly | 2015-11-16 |
2015-07-30 | $0.10 | quarterly | 2015-08-17 |
2015-04-30 | $0.10 | quarterly | 2015-05-18 |
2015-01-30 | $0.10 | quarterly | 2015-02-17 |
1992-10-27 | $0.11 | quarterly | 1992-11-16 |
1992-07-28 | $0.11 | quarterly | 1992-08-17 |
1992-04-28 | $0.11 | quarterly | 1992-05-18 |
1992-01-28 | $0.11 | quarterly | 1992-02-17 |
1991-10-29 | $0.11 | quarterly | 1991-11-18 |
1991-07-30 | $0.11 | quarterly | 1991-08-19 |
1991-05-07 | $0.11 | quarterly | 1991-05-20 |
1991-01-29 | $0.11 | quarterly | 1991-02-18 |
1990-10-30 | $0.11 | quarterly | 1990-11-19 |
1990-07-31 | $0.11 | quarterly | 1990-08-20 |
1990-05-01 | $0.11 | quarterly | 1990-05-21 |
1990-01-30 | $0.11 | quarterly | 1990-02-19 |
Hexcel Dividend per year
Hexcel Dividend growth
Hexcel Dividend Yield
Hexcel current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing Hexcel stock? Use our calculator to estimate your expected dividend yield:
Hexcel Financial Ratios
Hexcel Dividend FAQ
Other factors to consider when evaluating Hexcel 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: Hexcel'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, Hexcel 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, Hexcel 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 Hexcel 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: Hexcel 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, Hexcel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hexcel 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 Hexcel'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 Hexcel'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.