K-Bro Linen Inc., together with its subsidiaries, provides laundry and linen services to healthcare institutions, hotels, and other commercial organizations in Canada and the United Kingdom. Its services include processing, management, and distribution of general and operating room linens, such as sheets, blankets, towels, surgical gowns, and drapes and other linens. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, cart delivery, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services. In addition, it provides linen rental, workwear hire, and cleanroom garment services. K-Bro Linen Inc. was founded in 1954 and is headquartered in Edmonton, Canada.
K-Bro Linen Dividend Announcement
• K-Bro Linen announced a monthly dividend of $0.07 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-31
• K-Bro Linen annual dividend for 2024 was $0.79
• K-Bro Linen annual dividend for 2023 was $0.89
• K-Bro Linen's trailing twelve-month (TTM) dividend yield is 3.56%
• K-Bro Linen's payout ratio for the trailing twelve months (TTM) is 74.14%
• K-Bro Linen's dividend growth over the last five years (2018-2023) was -0.74% year
• K-Bro Linen's dividend growth over the last ten years (2013-2023) was 0.31% year
K-Bro Linen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.07 | monthly | 2024-11-15 |
2024-09-27 | $0.07 | monthly | 2024-10-15 |
2024-08-30 | $0.07 | monthly | 2024-09-13 |
2024-07-31 | $0.07 | monthly | 2024-08-15 |
2024-06-28 | $0.07 | monthly | 2024-07-15 |
2024-05-31 | $0.07 | monthly | 2024-06-14 |
2024-04-29 | $0.07 | monthly | 2024-05-15 |
2024-03-27 | $0.10 | monthly | |
2024-02-28 | $0.10 | monthly | |
2024-01-30 | $0.07 | monthly | 2024-02-15 |
2023-12-28 | $0.08 | monthly | 2024-01-15 |
2023-11-29 | $0.07 | monthly | 2023-12-15 |
2023-10-30 | $0.07 | monthly | 2023-11-15 |
2023-09-28 | $0.07 | monthly | 2023-10-13 |
2023-08-30 | $0.07 | monthly | 2023-09-15 |
2023-07-28 | $0.08 | monthly | 2023-08-15 |
2023-06-29 | $0.08 | monthly | 2023-07-14 |
2023-05-30 | $0.07 | monthly | 2023-06-15 |
2023-04-27 | $0.07 | monthly | 2023-05-15 |
2023-03-30 | $0.07 | monthly | 2023-04-14 |
2023-02-27 | $0.07 | monthly | 2023-03-15 |
2023-01-30 | $0.07 | monthly | 2023-02-15 |
2022-12-29 | $0.07 | monthly | 2023-01-13 |
2022-11-29 | $0.07 | monthly | 2022-12-15 |
2022-10-28 | $0.07 | monthly | 2022-11-15 |
2022-09-29 | $0.07 | monthly | 2022-10-14 |
2022-08-30 | $0.08 | monthly | 2022-09-15 |
2022-07-28 | $0.08 | monthly | 2022-08-15 |
2022-06-29 | $0.08 | monthly | 2022-07-15 |
2022-05-31 | $0.08 | monthly | 2022-06-15 |
2022-05-27 | $0.10 | monthly | |
2022-04-28 | $0.08 | monthly | 2022-05-13 |
2022-03-30 | $0.08 | monthly | 2022-04-14 |
2022-02-25 | $0.08 | monthly | 2022-03-15 |
2022-01-28 | $0.08 | monthly | 2022-02-15 |
2021-12-30 | $0.08 | monthly | 2022-01-14 |
2021-11-29 | $0.08 | monthly | 2021-12-15 |
2021-10-28 | $0.08 | monthly | 2021-11-15 |
2021-09-28 | $0.08 | monthly | 2021-10-15 |
2021-08-30 | $0.08 | monthly | 2021-09-15 |
2021-07-29 | $0.08 | monthly | 2021-08-13 |
2021-06-29 | $0.08 | monthly | 2021-07-15 |
2021-05-27 | $0.08 | monthly | 2021-06-15 |
2021-04-29 | $0.08 | monthly | 2021-05-14 |
2021-03-30 | $0.08 | monthly | 2021-04-15 |
2021-02-25 | $0.08 | monthly | 2021-03-15 |
2021-01-28 | $0.08 | monthly | 2021-02-12 |
2020-12-30 | $0.08 | monthly | 2021-01-15 |
2020-11-27 | $0.08 | monthly | 2020-12-15 |
2020-10-29 | $0.07 | monthly | 2020-11-13 |
2020-09-29 | $0.07 | monthly | 2020-10-15 |
2020-08-28 | $0.08 | monthly | 2020-09-15 |
2020-07-30 | $0.07 | monthly | 2020-08-14 |
2020-06-29 | $0.07 | monthly | 2020-07-15 |
2020-05-28 | $0.07 | monthly | 2020-06-15 |
2020-04-29 | $0.07 | monthly | 2020-05-15 |
2020-03-30 | $0.07 | monthly | 2020-04-15 |
2020-02-27 | $0.07 | monthly | 2020-03-13 |
2020-01-30 | $0.08 | monthly | 2020-02-14 |
2019-12-30 | $0.08 | monthly | 2020-01-15 |
2019-11-27 | $0.08 | monthly | 2019-12-13 |
2019-10-30 | $0.08 | monthly | 2019-11-15 |
2019-09-27 | $0.08 | monthly | 2019-10-15 |
2019-08-29 | $0.08 | monthly | 2019-09-13 |
2019-07-30 | $0.08 | monthly | 2019-08-15 |
2019-06-27 | $0.08 | monthly | 2019-07-15 |
2019-05-30 | $0.07 | monthly | 2019-06-14 |
2019-04-29 | $0.07 | monthly | 2019-05-15 |
2019-03-28 | $0.07 | monthly | 2019-04-15 |
2019-02-27 | $0.08 | monthly | 2019-03-15 |
2019-01-30 | $0.08 | monthly | 2019-02-15 |
2018-12-28 | $0.07 | monthly | 2019-01-15 |
2018-11-29 | $0.08 | monthly | 2018-12-14 |
2018-10-30 | $0.08 | monthly | 2018-11-15 |
2018-09-27 | $0.08 | monthly | 2018-10-15 |
2018-08-30 | $0.08 | monthly | 2018-09-14 |
2018-07-30 | $0.08 | monthly | 2018-08-15 |
2018-06-28 | $0.08 | monthly | 2018-07-13 |
2018-05-30 | $0.08 | monthly | 2018-06-15 |
2018-04-27 | $0.08 | monthly | 2018-05-15 |
2018-03-28 | $0.08 | monthly | 2018-04-13 |
2018-02-27 | $0.08 | monthly | 2018-03-15 |
2018-01-30 | $0.08 | monthly | 2018-02-15 |
2017-12-28 | $0.08 | monthly | 2018-01-15 |
2017-11-29 | $0.08 | monthly | 2017-12-15 |
2017-10-30 | $0.08 | monthly | 2017-11-15 |
2017-09-28 | $0.08 | monthly | 2017-10-13 |
2017-08-29 | $0.08 | monthly | 2017-09-15 |
2017-07-27 | $0.08 | monthly | 2017-08-15 |
2017-06-28 | $0.08 | monthly | 2017-07-14 |
2017-05-30 | $0.07 | monthly | 2017-06-15 |
2017-04-26 | $0.07 | monthly | 2017-05-15 |
2017-03-29 | $0.07 | monthly | 2017-04-13 |
2017-01-27 | $0.08 | monthly | 2017-02-15 |
2016-12-28 | $0.10 | monthly | |
2016-11-28 | $0.10 | monthly | |
2016-09-28 | $0.10 | monthly | |
2016-08-29 | $0.10 | monthly | |
2016-06-28 | $0.10 | monthly | |
2016-05-27 | $0.10 | monthly | |
2016-04-27 | $0.10 | monthly | |
2016-03-29 | $0.10 | monthly | |
2016-02-25 | $0.10 | monthly | |
2016-01-27 | $0.10 | monthly | |
2015-12-29 | $0.10 | monthly | |
2015-10-28 | $0.10 | monthly | |
2015-09-28 | $0.10 | monthly | |
2015-04-28 | $0.10 | monthly | |
2015-03-27 | $0.10 | monthly | |
2015-02-25 | $0.10 | monthly | |
2015-01-28 | $0.10 | monthly | |
2014-12-29 | $0.10 | monthly | |
2014-11-26 | $0.10 | monthly | |
2014-10-29 | $0.10 | monthly | |
2014-09-26 | $0.10 | monthly | |
2014-08-27 | $0.10 | monthly | |
2014-07-29 | $0.10 | monthly | |
2014-06-27 | $0.10 | monthly | |
2014-05-28 | $0.10 | monthly | |
2014-04-28 | $0.10 | monthly | |
2014-03-27 | $0.10 | monthly | |
2014-02-26 | $0.10 | monthly | |
2014-01-29 | $0.10 | monthly | |
2013-12-27 | $0.10 | monthly | |
2013-11-26 | $0.10 | monthly | |
2013-10-29 | $0.10 | monthly | |
2013-09-26 | $0.10 | monthly | |
2013-08-28 | $0.10 | monthly | |
2013-07-29 | $0.10 | monthly | |
2013-06-26 | $0.10 | monthly | |
2013-05-29 | $0.10 | monthly | |
2013-04-26 | $0.10 | monthly |
K-Bro Linen Dividend per year
K-Bro Linen Dividend growth
K-Bro Linen Dividend Yield
K-Bro Linen current trailing twelve-month (TTM) dividend yield is 3.56%. Interested in purchasing K-Bro Linen stock? Use our calculator to estimate your expected dividend yield:
K-Bro Linen Financial Ratios
K-Bro Linen Dividend FAQ
Other factors to consider when evaluating K-Bro Linen 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.
Place an order: Use the brokerage's trading platform to place an order to buy K-Bro Linen stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: K-Bro Linen'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, K-Bro Linen 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, K-Bro Linen 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 K-Bro Linen 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: K-Bro Linen 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, K-Bro Linen distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: K-Bro Linen 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 K-Bro Linen'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 K-Bro Linen'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.