Insimbi Industrial Holdings Limited provides ferrous and non-ferrous alloys, and refractory materials for the steel, aluminum, cement, foundry, plastics, paper, and pulp industries. It operates through four segments: Non-Ferrous, Ferrous, Refractory, and Plastics. The company's Non-Ferrous segment supplies non-ferrous recycled metals for the automotive, heavy aluminium, and powder coating industries. Its Ferrous segment offers steel and polypropylene fibers to the welding and optical industries, as well as various ferrous-based recycled metals; and supplies raw materials for the steel industry. The company's Refractory segment provides refractory requirements of steel and cement industries; and supplies industrial heat resistant textiles. Its Plastics segment offers plastic packaging products for chemical, agricultural, and food industries. The company also exports its products. It operates in Africa, Asia, Australia, Europe, North and South America, and South Africa. The company was founded in 1970 and is based in Germiston, South Africa.
Insimbi Industrial Dividend Announcement
• Insimbi Industrial announced a semi annually dividend of R2.50 per ordinary share which will be made payable on 2023-11-20. Ex dividend date: 2023-11-15
• Insimbi Industrial annual dividend for 2023 was R7.50
• Insimbi Industrial's trailing twelve-month (TTM) dividend yield is 3.47%
• Insimbi Industrial's payout ratio for the trailing twelve months (TTM) is 95.45%
Insimbi Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-15 | R2.50 | semi annually | 2023-11-20 |
2023-07-05 | R5.00 | semi annually | 2023-07-10 |
2022-11-02 | R3.00 | semi annually | 2022-11-07 |
2019-11-20 | R2.00 | semi annually | 2019-11-25 |
2019-07-10 | R2.00 | semi annually | 2019-07-15 |
2018-11-14 | R2.00 | semi annually | 2018-11-19 |
2018-06-13 | R3.00 | semi annually | 2018-06-18 |
2017-11-01 | R3.00 | semi annually | 2017-11-06 |
2016-11-30 | R1.50 | semi annually | |
2016-06-10 | R2.50 | semi annually | |
2015-10-19 | R2.00 | semi annually | |
2015-06-12 | R2.50 | semi annually | |
2014-12-08 | R1.50 | semi annually | |
2014-06-13 | R2.50 | semi annually | |
2013-12-02 | R1.00 | semi annually | |
2012-11-05 | R2.00 | semi annually | |
2012-06-25 | R1.00 | semi annually | |
2011-10-24 | R2.00 | semi annually | |
2010-10-25 | R2.00 | semi annually |
Insimbi Industrial Dividend per year
Insimbi Industrial Dividend growth
Insimbi Industrial Dividend Yield
Insimbi Industrial current trailing twelve-month (TTM) dividend yield is 3.47%. Interested in purchasing Insimbi Industrial stock? Use our calculator to estimate your expected dividend yield:
Insimbi Industrial Financial Ratios
Insimbi Industrial Dividend FAQ
Other factors to consider when evaluating Insimbi Industrial 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: Insimbi Industrial'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, Insimbi Industrial 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, Insimbi Industrial 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 Insimbi Industrial 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: Insimbi Industrial 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, Insimbi Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Insimbi Industrial 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 Insimbi Industrial'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 Insimbi Industrial'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.