Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. It operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. The company's product portfolio includes flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; aluminum products; and special products for building installations, roof and wall construction, and water supply. It also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off. In addition, the company offers warehousing, logistics, and materials management services. It serves small to medium-sized steel and metal consumers, primarily from the construction industry, as well as machinery and mechanical engineering industries; and supplies intermediate products for the automotive, shipbuilding, and consumer goods industries. The company was founded in 1906 and is headquartered in Duisburg, Germany.
Klöckner & Co Dividend Announcement
• Klöckner & Co announced a annually dividend of €0.20 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-24
• Klöckner & Co annual dividend for 2024 was €0.20
• Klöckner & Co annual dividend for 2023 was €0.40
• Klöckner & Co's trailing twelve-month (TTM) dividend yield is 4.21%
• Klöckner & Co's payout ratio for the trailing twelve months (TTM) is -7.48%
Klöckner & Co Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | €0.20 | annually | 2024-05-28 |
2023-05-18 | €0.40 | annually | 2023-05-22 |
2022-06-02 | €1.00 | annually | 2022-06-07 |
2022-05-13 | €1.00 | annually | |
2019-05-16 | €0.30 | annually | 2019-05-20 |
2018-05-17 | €0.30 | annually | 2018-05-21 |
2017-05-15 | €0.20 | annually | 2017-05-17 |
2015-05-13 | €0.20 | annually | 2015-05-13 |
2011-05-23 | €0.30 | annually | 2011-05-23 |
2008-06-23 | €0.63 | annually | 2008-06-23 |
2007-06-21 | €0.63 | annually | 2007-06-21 |
Klöckner & Co Dividend per year
Klöckner & Co Dividend growth
Klöckner & Co Dividend Yield
Klöckner & Co current trailing twelve-month (TTM) dividend yield is 4.21%. Interested in purchasing Klöckner & Co stock? Use our calculator to estimate your expected dividend yield:
Klöckner & Co Financial Ratios
Klöckner & Co Dividend FAQ
Other factors to consider when evaluating Klöckner & Co 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: Klöckner & Co'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, Klöckner & Co 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, Klöckner & Co 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 Klöckner & Co 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: Klöckner & Co 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, Klöckner & Co distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Klöckner & Co 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 Klöckner & Co'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 Klöckner & Co'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.