Hudaco Industries Limited imports and distributes automotive, industrial, and electrical consumable products primarily in the southern African region. It operates through two segments, Consumer-Related Products and Engineering Consumables. The Consumer-Related Products segment distributes clutch kits, automotive ignition leads, oil and hydraulic seals, wheels, brake and clutch hydraulics, mountings, bushes, hydraulic repair kits, cylinders, hoses, CV joints, wheel hubs, suspension components, and vehicle components to the automotive and industrial after-market; lead acid, solar batteries, chargers, and battery management equipment; power tools, marine engines, survey instruments, rivets, screws, bolts, nuts, washers, and fasteners; and intruder detection, access control, fire detection, and surveillance/CCTV solutions. This segment also distributes professional mobile radio equipment and radio systems integrators; and wireless networking, VoIP, and physical security solutions. The Engineering Consumables segment manufactures and distributes hydraulic and pneumatic products; dragline hoses; conveyor drive pulleys; idlers; and ferrous and non-ferrous castings, as well as designs, services, and repairs systems. This segment also distributes diesel engines and spares, and support services; chains, seals, geared and electric motors, beltings and bearings, drivetrains, filtration solutions, kits and accessories, and industrial hoses; and electrical power transmission products, thermoplastic pipes and fittings, and steel. The company primarily serves wholesale and retail, automotive, manufacturing, mining, exports, security, alternative energy, construction, and agricultural. Hudaco Industries Limited was founded in 1891 and is headquartered in Edenvale, South Africa.
Hudaco Industries Dividend Announcement
• Hudaco Industries announced a semi annually dividend of R325.00 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-08-14
• Hudaco Industries annual dividend for 2024 was R1025.00
• Hudaco Industries annual dividend for 2023 was R950.00
• Hudaco Industries's trailing twelve-month (TTM) dividend yield is 5.01%
• Hudaco Industries's payout ratio for the trailing twelve months (TTM) is 61.43%
• Hudaco Industries's dividend growth over the last five years (2018-2023) was 10.76% year
• Hudaco Industries's dividend growth over the last ten years (2013-2023) was 7.41% year
Hudaco Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | R325.00 | semi annually | 2024-08-19 |
2024-02-28 | R700.00 | semi annually | |
2023-08-08 | R325.00 | semi annually | 2023-08-14 |
2023-03-01 | R625.00 | semi annually | 2023-03-06 |
2022-08-10 | R300.00 | semi annually | 2022-08-15 |
2022-03-02 | R520.00 | semi annually | 2022-03-07 |
2021-08-04 | R240.00 | semi annually | 2021-08-10 |
2021-02-17 | R410.00 | semi annually | 2021-02-22 |
2020-02-19 | R410.00 | semi annually | 2020-02-24 |
2019-08-06 | R190.00 | semi annually | 2019-08-12 |
2019-02-27 | R380.00 | semi annually | 2019-03-04 |
2018-08-07 | R190.00 | semi annually | 2018-08-13 |
2018-02-28 | R380.00 | semi annually | 2018-03-05 |
2017-08-08 | R180.00 | semi annually | 2017-08-14 |
2017-03-01 | R355.00 | semi annually | 2017-03-06 |
2016-08-10 | R170.00 | semi annually | |
2016-02-29 | R345.00 | semi annually | |
2015-08-07 | R180.00 | semi annually | |
2015-03-02 | R310.00 | semi annually | |
2014-08-11 | R155.00 | semi annually | |
2014-03-03 | R310.00 | semi annually | |
2013-08-12 | R155.00 | semi annually | |
2013-03-04 | R310.00 | semi annually |
Hudaco Industries Dividend per year
Hudaco Industries Dividend growth
Hudaco Industries Dividend Yield
Hudaco Industries current trailing twelve-month (TTM) dividend yield is 5.01%. Interested in purchasing Hudaco Industries stock? Use our calculator to estimate your expected dividend yield:
Hudaco Industries Financial Ratios
Hudaco Industries Dividend FAQ
Other factors to consider when evaluating Hudaco Industries 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: Hudaco Industries'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, Hudaco Industries 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, Hudaco Industries 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 Hudaco Industries 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: Hudaco Industries 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, Hudaco Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hudaco Industries 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 Hudaco Industries'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 Hudaco Industries'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.