Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey, the Channel Islands. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and home solutions, including heating systems and hot water, renewable energy, electric transport and related chargers, amenity lighting, air conditioning, and CosyCare maintenance. It also offers consulting services, including mechanical, electrical, and public health services for construction projects, businesses, and buildings; maintains and sells refrigeration and catering equipment; and operates and leases Powerhouse retail park to retailers. In addition, the company provides domestic electrical appliance needs, such as home computing, smart tech, mobile phone, and electric transport under the brand Powerhouse and its online arm powerhouse.je. Further, it offers Jenworks, a multi-utility billing engine; and engages in the property management business and software development activities. Jersey Electricity plc was founded in 1924 and is headquartered in St Helier, Jersey.
Jersey Electricity Dividend Announcement
• Jersey Electricity announced a semi annually dividend of £8.40 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-06
• Jersey Electricity annual dividend for 2024 was £19.80
• Jersey Electricity annual dividend for 2023 was £18.80
• Jersey Electricity's trailing twelve-month (TTM) dividend yield is 4.5%
• Jersey Electricity's payout ratio for the trailing twelve months (TTM) is 55.71%
• Jersey Electricity's dividend growth over the last five years (2018-2023) was 5.33% year
• Jersey Electricity's dividend growth over the last ten years (2013-2023) was 5.27% year
Jersey Electricity Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | £8.40 | semi annually | 2024-06-24 |
2024-02-22 | £11.40 | semi annually | |
2023-06-01 | £8.00 | semi annually | 2023-06-20 |
2023-02-16 | £10.80 | semi annually | 2023-03-23 |
2022-06-01 | £7.60 | semi annually | 2022-06-21 |
2022-02-17 | £10.20 | semi annually | 2022-03-24 |
2021-06-03 | £7.20 | semi annually | 2021-06-25 |
2021-02-18 | £9.70 | semi annually | 2021-03-25 |
2020-06-04 | £6.80 | semi annually | 2020-06-26 |
2020-02-20 | £9.25 | semi annually | 2020-03-26 |
2019-06-06 | £6.45 | semi annually | 2019-06-28 |
2019-02-21 | £8.80 | semi annually | 2019-03-28 |
2018-05-31 | £6.10 | semi annually | 2018-06-29 |
2018-02-22 | £8.40 | semi annually | 2018-03-29 |
2017-06-01 | £5.80 | semi annually | 2017-06-30 |
2017-02-23 | £8.00 | semi annually | 2017-03-30 |
2016-06-02 | £5.50 | semi annually | 2016-06-30 |
2016-02-18 | £7.60 | semi annually | 2016-03-29 |
2015-06-04 | £5.25 | semi annually | 2015-06-30 |
2015-02-19 | £7.20 | semi annually | 2015-03-27 |
2014-06-04 | £5.00 | semi annually | 2014-06-30 |
2014-02-19 | £6.80 | semi annually | 2014-03-28 |
2013-06-05 | £4.75 | semi annually | 2013-06-28 |
2013-02-20 | £6.50 | semi annually | 2013-04-04 |
Jersey Electricity Dividend per year
Jersey Electricity Dividend growth
Jersey Electricity Dividend Yield
Jersey Electricity current trailing twelve-month (TTM) dividend yield is 4.5%. Interested in purchasing Jersey Electricity stock? Use our calculator to estimate your expected dividend yield:
Jersey Electricity Financial Ratios
Jersey Electricity Dividend FAQ
Other factors to consider when evaluating Jersey Electricity 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: Jersey Electricity'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, Jersey Electricity 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, Jersey Electricity 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 Jersey Electricity 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: Jersey Electricity 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, Jersey Electricity distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jersey Electricity 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 Jersey Electricity'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 Jersey Electricity'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.