Industrias Peñoles, S.A.B. de C.V., together with its subsidiaries, engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Asia, Europe, the United States, Canada, South America, and internationally. It operates through Precious Metal Mines, Base Metal Mines, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals. It primarily explores for zinc, lead, copper, gold, silver, cadmium, and bismuth deposits. In addition, it produces and sells chemical products, such as sodium sulfate, magnesium oxide, ammonium sulfate, and magnesium sulfate, as well as copper sulfate, zinc sulfate, and antimony trioxide; and provides administrative and operating support services. The company was founded in 1887 and is headquartered in Mexico City, Mexico.
Industrias Peñoles Dividend Announcement
• Industrias Peñoles announced a semi annually dividend of $0.13 per ordinary share which will be made payable on 2021-11-16. Ex dividend date: 2021-11-11
• Industrias Peñoles's trailing twelve-month (TTM) dividend yield is -%
• Industrias Peñoles's payout ratio for the trailing twelve months (TTM) is 82.63%
Industrias Peñoles Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-11-11 | $0.13 | semi annually | 2021-11-16 |
2019-12-05 | $0.02 | semi annually | 2019-12-09 |
2019-05-23 | $0.02 | semi annually | 2019-05-27 |
2018-11-01 | $0.03 | semi annually | 2018-11-06 |
2018-06-04 | $0.03 | semi annually | 2018-06-06 |
2017-11-27 | $0.03 | semi annually | 2017-11-29 |
2017-05-26 | $0.03 | semi annually | 2017-05-31 |
2016-10-14 | $0.00 | semi annually | |
2016-04-26 | $0.09 | semi annually | |
2015-04-27 | $0.10 | semi annually | |
2014-05-21 | $0.15 | semi annually |
Industrias Peñoles Dividend per year
Industrias Peñoles Dividend growth
Industrias Peñoles Dividend Yield
Industrias Peñoles current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Industrias Peñoles stock? Use our calculator to estimate your expected dividend yield:
Industrias Peñoles Financial Ratios
Industrias Peñoles Dividend FAQ
Other factors to consider when evaluating Industrias Peñoles 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: Industrias Peñoles'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, Industrias Peñoles 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, Industrias Peñoles 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 Industrias Peñoles 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: Industrias Peñoles 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, Industrias Peñoles distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Industrias Peñoles 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 Industrias Peñoles'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 Industrias Peñoles'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.