iomart Group plc provides managed cloud services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The company offers a range of shared hosting and domain registration services to micro and SME companies, as well as managed cloud computing facilities and services. It also provides hybrid cloud solutions, such as private and public cloud, on-premises, and colocation; data management solutions, including data protection and disaster recovery; and connectivity solutions comprising managed wide area network (WAN), managed SD WAN, managed cloud firewall, and managed software defined perimeter. In addition, the company offers security solutions that consist of security monitoring, threat hunting, endpoint detection and response, external vulnerability scanning, threat intelligence, and cyber security incident response solutions. iomart Group Plc was founded in 1998 and is headquartered in Glasgow, the United Kingdom.
iomart Dividend Announcement
• iomart announced a semi annually dividend of £3.00 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-15
• iomart annual dividend for 2024 was £4.94
• iomart annual dividend for 2023 was £5.44
• iomart's trailing twelve-month (TTM) dividend yield is 5.45%
• iomart's payout ratio for the trailing twelve months (TTM) is 94.69%
• iomart's dividend growth over the last five years (2018-2023) was -5.92% year
• iomart's dividend growth over the last ten years (2013-2023) was 14.54% year
iomart Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | £3.00 | semi annually | 2024-09-09 |
2024-01-04 | £1.94 | semi annually | 2024-01-26 |
2023-08-17 | £3.50 | semi annually | 2023-09-08 |
2023-01-05 | £1.94 | semi annually | 2023-01-27 |
2022-08-11 | £3.60 | semi annually | 2022-09-02 |
2022-01-06 | £2.42 | semi annually | 2022-01-28 |
2021-08-12 | £4.50 | semi annually | 2021-09-03 |
2021-01-07 | £2.60 | semi annually | 2021-01-29 |
2020-08-13 | £3.93 | semi annually | 2020-09-04 |
2019-12-19 | £2.60 | semi annually | 2020-01-31 |
2019-08-15 | £5.01 | semi annually | 2019-09-05 |
2018-12-20 | £2.45 | semi annually | 2019-01-31 |
2018-08-16 | £4.93 | semi annually | 2018-09-06 |
2017-12-21 | £2.25 | semi annually | 2018-01-31 |
2017-08-10 | £6.00 | semi annually | 2017-09-06 |
2016-08-11 | £3.15 | semi annually | 2016-08-30 |
2015-08-13 | £2.50 | semi annually | 2015-09-01 |
2014-08-13 | £1.75 | semi annually | 2014-09-02 |
2013-08-14 | £1.40 | semi annually | 2013-09-03 |
iomart Dividend per year
iomart Dividend growth
iomart Dividend Yield
iomart current trailing twelve-month (TTM) dividend yield is 5.45%. Interested in purchasing iomart stock? Use our calculator to estimate your expected dividend yield:
iomart Financial Ratios
iomart Dividend FAQ
Other factors to consider when evaluating iomart 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: iomart'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, iomart 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, iomart 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 iomart 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: iomart 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, iomart distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: iomart 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 iomart'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 iomart'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.