Kitwave Group plc engages in the wholesale business in the United Kingdom. The company operates through three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers through a network of 6 depots. The Frozen & Chilled division offers ice creams, pizzas, chips, ready meals, and a range of chilled products. It serves independent convenience stores, leisure outlets, and UK wholesalers through a network of 10 depots. The Foodservice division provides frozen, chilled, and ambient food, as well as alcohol and soft drinks to independent traditional foodservice outlets, including bars, restaurants, and leisure outlets, as well as customers in the care home and education sectors through a network of 11 depots. The company was founded in 1987 and is headquartered in North Shields, the United Kingdom.
Kitwave Dividend Announcement
• Kitwave announced a semi annually dividend of £3.85 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-11
• Kitwave annual dividend for 2024 was £11.30
• Kitwave annual dividend for 2023 was £10.50
• Kitwave's trailing twelve-month (TTM) dividend yield is 3.48%
• Kitwave's payout ratio for the trailing twelve months (TTM) is 38.20%
Kitwave Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | £3.85 | semi annually | 2024-08-02 |
2024-04-04 | £7.45 | semi annually | |
2023-07-13 | £3.75 | semi annually | 2023-08-04 |
2023-04-06 | £6.75 | semi annually | 2023-04-28 |
2022-07-14 | £2.50 | semi annually | 2022-08-05 |
2022-04-07 | £4.50 | semi annually | 2022-04-29 |
2021-08-05 | £2.25 | semi annually | 2021-08-27 |
Kitwave Dividend per year
Kitwave Dividend growth
Kitwave Dividend Yield
Kitwave current trailing twelve-month (TTM) dividend yield is 3.48%. Interested in purchasing Kitwave stock? Use our calculator to estimate your expected dividend yield:
Kitwave Financial Ratios
Kitwave Dividend FAQ
Other factors to consider when evaluating Kitwave 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: Kitwave'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, Kitwave 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, Kitwave 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 Kitwave 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: Kitwave 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, Kitwave distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kitwave 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 Kitwave'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 Kitwave'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.