Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, brokers, agents, authorized representatives, and financial institutions; and third parties under the NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance brands. The company was formerly known as NRMA Insurance Group Limited and changed its name to Insurance Australia Group Limited in 2002. Insurance Australia Group Limited was founded in 1920 and is based in Sydney, Australia.
Insurance Australia Dividend Announcement
• Insurance Australia announced a semi annually dividend of $0.57 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-03
• Insurance Australia annual dividend for 2024 was $0.90
• Insurance Australia annual dividend for 2023 was $0.50
• Insurance Australia's trailing twelve-month (TTM) dividend yield is 2.46%
• Insurance Australia's payout ratio for the trailing twelve months (TTM) is 51.75%
• Insurance Australia's dividend growth over the last five years (2018-2023) was -25.55% year
• Insurance Australia's dividend growth over the last ten years (2013-2023) was -11.80% year
Insurance Australia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | $0.57 | semi annually | 2024-10-11 |
2024-02-23 | $0.33 | semi annually | 2024-04-11 |
2023-08-30 | $0.29 | semi annually | 2023-10-13 |
2023-02-22 | $0.21 | semi annually | 2023-04-07 |
2022-08-19 | $0.12 | semi annually | 2022-10-06 |
2022-02-22 | $0.21 | semi annually | 2022-04-08 |
2021-08-20 | $0.48 | semi annually | 2021-10-07 |
2021-02-19 | $0.27 | semi annually | 2021-04-14 |
2020-02-21 | $0.34 | semi annually | 2020-04-09 |
2019-08-16 | $0.68 | semi annually | 2019-10-15 |
2019-02-15 | $0.43 | semi annually | 2019-04-04 |
2018-10-30 | $0.90 | semi annually | 2018-12-12 |
2018-08-24 | $0.72 | semi annually | 2018-10-12 |
2018-02-23 | $0.56 | semi annually | 2018-04-13 |
2017-09-01 | $0.79 | semi annually | 2017-10-24 |
2017-03-02 | $0.50 | semi annually | 2017-04-14 |
2016-09-01 | $0.50 | semi annually | |
2016-02-26 | $0.82 | semi annually | |
2015-09-03 | $0.59 | semi annually | |
2015-02-27 | $0.51 | semi annually | |
2014-09-05 | $1.21 | semi annually | |
2014-02-28 | $0.58 | semi annually | |
2013-09-06 | $1.18 | semi annually | |
2013-03-01 | $0.57 | semi annually |
Insurance Australia Dividend per year
Insurance Australia Dividend growth
Insurance Australia Dividend Yield
Insurance Australia current trailing twelve-month (TTM) dividend yield is 2.46%. Interested in purchasing Insurance Australia stock? Use our calculator to estimate your expected dividend yield:
Insurance Australia Financial Ratios
Insurance Australia Dividend FAQ
Other factors to consider when evaluating Insurance Australia 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: Insurance Australia'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, Insurance Australia 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, Insurance Australia 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 Insurance Australia 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: Insurance Australia 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, Insurance Australia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Insurance Australia 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 Insurance Australia'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 Insurance Australia'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.