Konecranes Plc manufactures, sells, and services cranes, lifting equipment, and machine tools worldwide. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers specialized maintenance services and spare parts for industrial cranes and hoists. It also provides a range of industrial cranes for general manufacturing and various process industries; and crane components and lifting equipment solutions to other crane manufacturers and distributors. In addition, the company offers container handling equipment and mobile harbor cranes, as well as port solution related software. Further, its products include workstation lifting systems, overhead cranes, hazardous environment cranes and hoists, lift trucks, and bulk handling equipment, as well as cores for lifting; and services comprise maintenance, inspection and preventive maintenance, predictive maintenance and remote monitoring, corrective maintenance and retrofit, consultation, modernization, and remote services. The company serves the automotive, container handling, mining, general manufacturing, nuclear, petroleum and gas, power, paper and forest, shipyard, metals production, and waste to energy and biomass industries. Konecranes Plc was founded in 1910 and is headquartered in Hyvinkää, Finland.
Konecranes Dividend Announcement
• Konecranes announced a annually dividend of $0.29 per ordinary share which will be made payable on 2024-04-25. Ex dividend date: 2024-04-01
• Konecranes annual dividend for 2024 was $0.29
• Konecranes annual dividend for 2023 was $0.27
• Konecranes's trailing twelve-month (TTM) dividend yield is 2.16%
• Konecranes's payout ratio for the trailing twelve months (TTM) is 29.99%
• Konecranes's dividend growth over the last five years (2018-2023) was -2.00% year
Konecranes Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-01 | $0.29 | annually | 2024-04-25 |
2023-03-30 | $0.27 | annually | 2023-04-27 |
2022-06-16 | $0.26 | annually | 2022-07-13 |
2022-03-31 | $0.20 | annually | 2022-04-26 |
2021-03-31 | $0.21 | annually | 2021-04-28 |
2020-08-27 | $0.13 | annually | 2020-09-10 |
2020-06-19 | $0.15 | annually | 2020-07-08 |
2020-03-27 | $0.13 | annually | |
2019-03-29 | $0.27 | annually | 2019-04-24 |
2018-03-28 | $0.30 | annually | 2018-04-25 |
2017-03-23 | $0.22 | annually | 2017-04-19 |
2016-03-24 | $0.24 | annually | |
2015-03-26 | $0.22 | annually | |
2014-03-28 | $0.28 | annually |
Konecranes Dividend per year
Konecranes Dividend growth
Konecranes Dividend Yield
Konecranes current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Konecranes stock? Use our calculator to estimate your expected dividend yield:
Konecranes Financial Ratios
Konecranes Dividend FAQ
Other factors to consider when evaluating Konecranes 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: Konecranes'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, Konecranes 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, Konecranes 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 Konecranes 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: Konecranes 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, Konecranes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Konecranes 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 Konecranes'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 Konecranes'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.