IDT Corporation operates in the communications and payment industries in the United States and internationally. The company operates through three segments: Fintech; net2phone-UCaaS (Unified Communications as a Service); and Traditional Communications. The Fintech segment offers international money remittance and related value/payment transfer services under the BOSS Revolution brand name; national retail solutions, such as point of sale network providing payment processing, digital advertising, transaction data, and ancillary services under the NRS brand name. The net2phone-UCaaS segment provides net2phone-UCaaS, a cloud communications service for businesses; and cable telephony services under the net2phone brand name. The Traditional Communications segment, which include Mobile Top-Up, that enables customers to transfer airtime and bundles of airtime, messaging, and data to international and domestic mobile accounts; BOSS Revolution Calling, an international long-distance calling service; Carrier Services, a wholesale provider of international voice and SMS termination, and outsourced traffic management solutions to telecoms; and net2phone-Platform Services, which offer telephony services to cable operators and others, as well as smaller communications and payments offerings. IDT Corporation was founded in 1990 and is headquartered in Newark, New Jersey.
IDT Dividend Announcement
• IDT announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-30
• IDT annual dividend for 2024 was $0.15
• IDT's trailing twelve-month (TTM) dividend yield is 0.3%
• IDT's payout ratio for the trailing twelve months (TTM) is 5.13%
IDT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.05 | quarterly | 2024-10-07 |
2024-06-10 | $0.05 | quarterly | 2024-06-17 |
2024-03-18 | $0.05 | quarterly | 2024-03-27 |
2018-06-18 | $0.09 | quarterly | 2018-06-29 |
2018-03-16 | $0.09 | quarterly | 2018-03-23 |
2017-12-15 | $0.19 | quarterly | 2017-12-29 |
2017-10-13 | $0.19 | quarterly | 2017-10-20 |
2017-06-15 | $0.19 | quarterly | 2017-06-30 |
2017-03-15 | $0.19 | quarterly | 2017-03-24 |
2016-12-15 | $0.19 | quarterly | 2016-12-23 |
2016-10-06 | $0.19 | quarterly | 2016-10-20 |
2016-06-09 | $0.19 | quarterly | 2016-06-17 |
2016-03-11 | $0.19 | quarterly | 2016-03-25 |
2015-12-10 | $0.19 | quarterly | 2015-12-18 |
2015-10-05 | $0.18 | quarterly | 2015-10-15 |
2015-06-11 | $0.18 | quarterly | 2015-06-23 |
2015-03-18 | $0.18 | quarterly | 2015-03-27 |
2015-01-13 | $0.64 | quarterly | 2015-01-23 |
2014-12-11 | $0.18 | quarterly | 2014-12-19 |
2014-11-12 | $0.68 | quarterly | 2014-11-21 |
2014-09-25 | $0.17 | quarterly | 2014-10-03 |
2014-06-18 | $0.17 | quarterly | 2014-06-27 |
2014-03-19 | $0.17 | quarterly | 2014-03-28 |
2013-12-12 | $0.17 | quarterly | 2014-01-07 |
2013-08-28 | $0.08 | quarterly | 2013-09-10 |
2012-11-01 | $0.60 | quarterly | 2012-11-13 |
2012-10-04 | $0.15 | quarterly | 2012-10-16 |
2012-06-14 | $0.15 | quarterly | 2012-06-26 |
2012-03-22 | $0.15 | quarterly | 2012-04-03 |
2011-12-20 | $0.13 | quarterly | 2012-01-05 |
2011-10-31 | $7.73 | quarterly | |
2011-09-29 | $0.23 | quarterly | 2011-10-12 |
2011-06-29 | $0.23 | quarterly | 2011-07-12 |
2010-12-14 | $0.22 | quarterly | 2010-12-28 |
2010-11-10 | $0.22 | quarterly | 2010-11-23 |
2007-07-19 | $0.12 | quarterly | 2007-07-31 |
2007-03-23 | $0.25 | quarterly | 2007-04-24 |
IDT Dividend per year
IDT Dividend growth
IDT Dividend Yield
IDT current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing IDT stock? Use our calculator to estimate your expected dividend yield:
IDT Financial Ratios
IDT Dividend FAQ
Other factors to consider when evaluating IDT 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: IDT'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, IDT 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, IDT 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 IDT 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: IDT 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, IDT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IDT 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 IDT'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 IDT'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.