Jensen-Group NV, together with its subsidiaries, designs, produces, and supplies single machines, systems, and turnkey solutions for the heavy-duty laundry industry. It provides CleanTech machines; washroom systems, including soiled linen handling and sorting systems, loading devices, tunnel washers, washer extractors, presses, centrifugal extractors, dryers, and clean linen handling and sorting systems; and flatwork finishing equipment for the preparation, feeding, ironing, folding, and stacking of flatwork, as well as for the sorting and folding of towels. The company also offers garment finishing systems and folders; mat systems comprising washing, water extraction, drying, and finishing products; and material handling systems. In addition, it provides Globe, a production management system in the laundry industry; JENSEN Cockpit, a real time information system to view and track-and-trace the laundry process; and Production Information Management System, which plans and measures staff and equipment, as well as turnkey projects, services, and spare parts. The company sells its products and services under the JENSEN and ALPHA by JENSEN brands through its sales and service centers, and independent authorized distributors worldwide. Jensen-Group NV was founded in 1937 and is based in Wetteren, Belgium. Jensen-Group NV is a subsidiary of Jensen Invest A/S.
Jensen-Group Dividend Announcement
• Jensen-Group announced a annually dividend of €0.53 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-28
• Jensen-Group annual dividend for 2024 was €0.53
• Jensen-Group annual dividend for 2023 was €0.50
• Jensen-Group's trailing twelve-month (TTM) dividend yield is 1.24%
• Jensen-Group's payout ratio for the trailing twelve months (TTM) is 20.18%
• Jensen-Group's dividend growth over the last five years (2018-2023) was -6.51% year
• Jensen-Group's dividend growth over the last ten years (2013-2023) was 7.18% year
Jensen-Group Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | €0.53 | annually | 2024-05-30 |
2023-05-24 | €0.50 | annually | 2023-05-26 |
2022-05-23 | €0.50 | annually | 2022-05-25 |
2021-05-26 | €0.25 | annually | 2021-05-28 |
2020-05-27 | €1.00 | annually | |
2019-05-30 | €0.70 | annually | 2019-06-03 |
2018-05-29 | €0.70 | annually | 2018-05-31 |
2017-05-29 | €0.25 | annually | 2017-05-31 |
2016-05-25 | €0.15 | annually | 2016-05-27 |
2015-05-27 | €0.15 | annually | 2015-05-29 |
2014-05-27 | €0.25 | annually | 2014-06-02 |
2013-05-28 | €0.25 | annually | 2013-05-31 |
Jensen-Group Dividend per year
Jensen-Group Dividend growth
Jensen-Group Dividend Yield
Jensen-Group current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing Jensen-Group stock? Use our calculator to estimate your expected dividend yield:
Jensen-Group Financial Ratios
Jensen-Group Dividend FAQ
Other factors to consider when evaluating Jensen-Group 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: Jensen-Group'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, Jensen-Group 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, Jensen-Group 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 Jensen-Group 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: Jensen-Group 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, Jensen-Group distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jensen-Group 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 Jensen-Group'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 Jensen-Group'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.