Kip McGrath Education Centres Limited offers English and Maths education services in Australia, New Zealand, the United Kingdom, and internationally. The company also provides tutorial assistance in English and Maths to primary and secondary students; and online tutoring services. It also has a franchise network. The company operates a network of approximately 560 tutoring centers. Kip McGrath Education Centres Limited was founded in 1976 and is headquartered in Newcastle, Australia.
Kip McGrath Education Centres Dividend Announcement
• Kip McGrath Education Centres announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2023-09-21. Ex dividend date: 2023-09-06
• Kip McGrath Education Centres annual dividend for 2023 was A$0.03
• Kip McGrath Education Centres's trailing twelve-month (TTM) dividend yield is -%
• Kip McGrath Education Centres's payout ratio for the trailing twelve months (TTM) is 55.81%
• Kip McGrath Education Centres's dividend growth over the last five years (2018-2023) was -3.58% year
Kip McGrath Education Centres Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-06 | A$0.01 | semi annually | 2023-09-21 |
2023-03-08 | A$0.01 | semi annually | 2023-03-23 |
2022-09-07 | A$0.01 | semi annually | 2022-09-22 |
2022-03-09 | A$0.01 | semi annually | 2022-03-24 |
2021-09-08 | A$0.01 | semi annually | 2021-09-23 |
2021-03-09 | A$0.01 | semi annually | 2021-03-24 |
2020-09-02 | A$0.02 | semi annually | 2020-09-17 |
2020-03-11 | A$0.01 | semi annually | |
2019-09-02 | A$0.03 | semi annually | 2019-09-17 |
2019-03-06 | A$0.01 | semi annually | 2019-03-21 |
2018-09-06 | A$0.02 | semi annually | 2018-09-21 |
2018-03-08 | A$0.01 | semi annually | 2018-03-23 |
2017-09-14 | A$0.01 | semi annually | 2017-09-29 |
2017-03-21 | A$0.01 | semi annually | 2017-03-31 |
2016-09-08 | A$0.01 | semi annually | 2016-09-27 |
2016-03-04 | A$0.01 | semi annually | 2016-03-24 |
2015-08-31 | A$0.01 | semi annually | 2015-09-18 |
2015-02-27 | A$0.01 | semi annually | 2015-03-20 |
2009-09-07 | A$0.02 | semi annually | 2009-09-25 |
2007-10-04 | A$0.02 | semi annually | 2007-10-17 |
2007-03-09 | A$0.03 | semi annually | 2007-03-30 |
2006-09-11 | A$0.03 | semi annually | 2006-10-01 |
2006-03-20 | A$0.03 | semi annually | 2006-04-07 |
Kip McGrath Education Centres Dividend per year
Kip McGrath Education Centres Dividend growth
Kip McGrath Education Centres Dividend Yield
Kip McGrath Education Centres current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Kip McGrath Education Centres stock? Use our calculator to estimate your expected dividend yield:
Kip McGrath Education Centres Financial Ratios
Kip McGrath Education Centres Dividend FAQ
Other factors to consider when evaluating Kip McGrath Education Centres 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: Kip McGrath Education Centres'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, Kip McGrath Education Centres 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, Kip McGrath Education Centres 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 Kip McGrath Education Centres 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: Kip McGrath Education Centres 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, Kip McGrath Education Centres distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kip McGrath Education Centres 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 Kip McGrath Education Centres'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 Kip McGrath Education Centres'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.