Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. It also provides computer control systems and related software for press brake applications. In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.
Hurco Companies Dividend Announcement
• Hurco Companies announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2024-03-27
• Hurco Companies annual dividend for 2024 was $0.16
• Hurco Companies annual dividend for 2023 was $0.64
• Hurco Companies's trailing twelve-month (TTM) dividend yield is 1.48%
• Hurco Companies's payout ratio for the trailing twelve months (TTM) is -24.65%
• Hurco Companies's dividend growth over the last five years (2018-2023) was 8.28% year
• Hurco Companies's dividend growth over the last ten years (2013-2023) was 15.61% year
Hurco Companies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-27 | $0.16 | quarterly | 2024-04-12 |
2023-12-29 | $0.16 | quarterly | 2024-01-16 |
2023-09-29 | $0.16 | quarterly | 2023-10-16 |
2023-06-23 | $0.16 | quarterly | 2023-07-10 |
2023-03-24 | $0.16 | quarterly | 2023-04-10 |
2022-12-30 | $0.15 | quarterly | 2023-01-17 |
2022-09-30 | $0.15 | quarterly | 2022-10-17 |
2022-06-24 | $0.15 | quarterly | 2022-07-11 |
2022-03-25 | $0.15 | quarterly | 2022-04-11 |
2021-12-31 | $0.14 | quarterly | 2022-01-17 |
2021-09-24 | $0.14 | quarterly | 2021-10-11 |
2021-06-25 | $0.14 | quarterly | 2021-07-12 |
2021-03-26 | $0.14 | quarterly | 2021-04-12 |
2021-01-05 | $0.13 | quarterly | 2021-01-20 |
2020-10-01 | $0.13 | quarterly | 2020-10-16 |
2020-06-26 | $0.13 | quarterly | 2020-07-13 |
2020-03-27 | $0.13 | quarterly | 2020-04-13 |
2019-12-31 | $0.12 | quarterly | 2020-01-16 |
2019-09-27 | $0.12 | quarterly | 2019-10-14 |
2019-06-28 | $0.12 | quarterly | 2019-07-15 |
2019-03-29 | $0.12 | quarterly | 2019-04-15 |
2019-01-02 | $0.11 | quarterly | 2019-01-17 |
2018-09-26 | $0.11 | quarterly | 2018-10-11 |
2018-06-28 | $0.11 | quarterly | 2018-07-13 |
2018-03-29 | $0.11 | quarterly | 2018-04-16 |
2018-01-02 | $0.10 | quarterly | 2018-01-16 |
2017-09-22 | $0.10 | quarterly | 2017-10-09 |
2017-06-22 | $0.10 | quarterly | 2017-07-10 |
2017-03-23 | $0.10 | quarterly | 2017-04-10 |
2016-12-23 | $0.09 | quarterly | 2017-01-09 |
2016-09-28 | $0.09 | quarterly | 2016-10-17 |
2016-06-23 | $0.09 | quarterly | 2016-07-11 |
2016-03-23 | $0.09 | quarterly | 2016-04-11 |
2015-12-28 | $0.08 | quarterly | 2016-01-11 |
2015-09-17 | $0.08 | quarterly | 2015-10-05 |
2015-06-18 | $0.08 | quarterly | 2015-07-06 |
2015-03-26 | $0.08 | quarterly | 2015-04-13 |
2014-12-26 | $0.07 | quarterly | 2015-01-12 |
2014-09-25 | $0.07 | quarterly | 2014-10-13 |
2014-06-13 | $0.07 | quarterly | 2014-07-07 |
2014-03-27 | $0.07 | quarterly | 2014-04-14 |
2013-12-27 | $0.05 | quarterly | 2014-01-13 |
2013-09-26 | $0.05 | quarterly | 2013-10-14 |
2013-06-26 | $0.05 | quarterly | 2013-07-12 |
Hurco Companies Dividend per year
Hurco Companies Dividend growth
Hurco Companies Dividend Yield
Hurco Companies current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing Hurco Companies stock? Use our calculator to estimate your expected dividend yield:
Hurco Companies Financial Ratios
Hurco Companies Dividend FAQ
Other factors to consider when evaluating Hurco Companies 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: Hurco Companies'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, Hurco Companies 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, Hurco Companies 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 Hurco Companies 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: Hurco Companies 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, Hurco Companies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hurco Companies 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 Hurco Companies'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 Hurco Companies'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.