JOST Werke AG manufactures and supplies safety-critical systems for the commercial vehicle industry. The company offers truck and trailer components, including sensor systems and lubrication systems, fifth wheel couplings and mounting plates, dual-height fifth wheel systems, sliders, kingpins, ball bearing turntables and slewing rings, landing gears, and hubodometers and axle caps; container equipment, such as components for intermodal transports, twist locks, bolsters, lifting frames for swap bodies, airbag lifting devices, and spare wheel holders; and axle systems and its spare parts. It also provides products for commercial vehicles comprising towing hitches, shunting couplings, traverses, varioblocs, adapter hitches, towing balls and eyes, wear gauges/tools, screw sets, and upgrade and repair kits; products for agriculture and forestry applications, including towing and ball hitches, drawbars, piton fixes, ladders, calotte and towing eyes, and accessories. In addition, the company drawbars, height adjustment systems, towbar pipes, and spare parts and accessories; and cylinder technologies, safety equipment, and hydraulic kit solutions. It markets its products under the JOST, ROCKINGER, TRIDEC, Quicke, and Edbro brand names in Europe, North America, Asia, Pacific, and Africa. The company was formerly known as Cintinori Holding GmbH and changed its name to JOST Werke AG in July 2017. The company was founded in 2008 and is headquartered in Neu-Isenburg, Germany.
JOST Werke Dividend Announcement
• JOST Werke announced a annually dividend of €1.50 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-09
• JOST Werke annual dividend for 2024 was €1.50
• JOST Werke annual dividend for 2023 was €1.40
• JOST Werke's trailing twelve-month (TTM) dividend yield is 3.51%
• JOST Werke's payout ratio for the trailing twelve months (TTM) is 61.29%
JOST Werke Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | €1.50 | annually | 2024-05-14 |
2023-05-12 | €1.40 | annually | 2023-05-16 |
2022-05-06 | €1.05 | annually | 2022-05-10 |
2021-05-07 | €1.00 | annually | 2021-05-11 |
2019-05-10 | €1.10 | annually | 2019-05-14 |
2018-05-07 | €0.50 | annually | 2018-05-09 |
JOST Werke Dividend per year
JOST Werke Dividend growth
JOST Werke Dividend Yield
JOST Werke current trailing twelve-month (TTM) dividend yield is 3.51%. Interested in purchasing JOST Werke stock? Use our calculator to estimate your expected dividend yield:
JOST Werke Financial Ratios
JOST Werke Dividend FAQ
Other factors to consider when evaluating JOST Werke 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: JOST Werke'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, JOST Werke 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, JOST Werke 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 JOST Werke 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: JOST Werke 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, JOST Werke distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JOST Werke 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 JOST Werke'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 JOST Werke'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.