Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in various fuels. This segment's products are used in the operation of automotive, marine, and aviation engines; power station generators; and heating oil. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, and metal extraction markets. The company's Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation, and completion operations; and products for oil and gas production, as well as products to prevent loss of mud in drilling operations. It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical and metal extraction formulations, and other chemical and industrial companies. The company was formerly known as Octel Corp. and changed its name to Innospec Inc. in January 2006. Innospec Inc. was founded in 1938 and is headquartered in Englewood, Colorado.
Innospec Dividend Announcement
• Innospec announced a semi annually dividend of $0.76 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-17
• Innospec annual dividend for 2024 was $0.76
• Innospec annual dividend for 2023 was $1.41
• Innospec's trailing twelve-month (TTM) dividend yield is 1.36%
• Innospec's payout ratio for the trailing twelve months (TTM) is 24.67%
• Innospec's dividend growth over the last five years (2018-2023) was 9.64% year
• Innospec's dividend growth over the last ten years (2013-2023) was 10.92% year
Innospec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | $0.76 | semi annually | 2024-05-31 |
2023-11-17 | $0.72 | semi annually | 2023-11-27 |
2023-05-19 | $0.69 | semi annually | 2023-05-31 |
2022-11-18 | $0.65 | semi annually | 2022-11-28 |
2022-05-16 | $0.63 | semi annually | 2022-05-26 |
2021-11-15 | $0.59 | semi annually | 2021-11-24 |
2021-05-14 | $0.57 | semi annually | 2021-05-26 |
2020-11-16 | $0.52 | semi annually | 2020-11-25 |
2020-05-15 | $0.52 | semi annually | 2020-05-26 |
2019-11-18 | $0.52 | semi annually | 2019-11-27 |
2019-05-20 | $0.50 | semi annually | 2019-05-30 |
2018-11-16 | $0.45 | semi annually | 2018-11-29 |
2018-05-18 | $0.44 | semi annually | 2018-05-31 |
2017-11-15 | $0.39 | semi annually | 2017-11-27 |
2017-05-18 | $0.38 | semi annually | 2017-05-31 |
2016-11-10 | $0.34 | semi annually | 2016-11-24 |
2016-05-12 | $0.33 | semi annually | 2016-05-25 |
2015-11-12 | $0.31 | semi annually | 2015-11-25 |
2015-05-14 | $0.30 | semi annually | 2015-05-27 |
2014-11-13 | $0.28 | semi annually | 2014-11-26 |
2014-05-15 | $0.27 | semi annually | 2014-05-28 |
2013-11-14 | $0.50 | semi annually | 2013-11-27 |
Innospec Dividend per year
Innospec Dividend growth
Innospec Dividend Yield
Innospec current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Innospec stock? Use our calculator to estimate your expected dividend yield:
Innospec Financial Ratios
Innospec Dividend FAQ
Other factors to consider when evaluating Innospec 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: Innospec'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, Innospec 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, Innospec 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 Innospec 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: Innospec 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, Innospec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Innospec 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 Innospec'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 Innospec'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.