Koninklijke Philips N.V. operates as a health technology company in North America and internationally. It operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. The company provides diagnostic imaging solutions, includes magnetic resonance imaging, computed tomography (CT) systems, X-ray systems, and detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; integrated interventional systems; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; proprietary software to enable diagnostics and intervention; and enterprise diagnostic informatics products and services. It also offers acute patient management solutions; emergency care solutions; sleep and respiratory care solutions; and electronic medical record and care management solutions. In addition, the company provides power toothbrushes, brush heads, and interdental cleaning and teeth whitening products; infant feeding and digital parental solutions; and male grooming and beauty products and solutions. It has a strategic collaboration with Ibex Medical Analytics Ltd. to jointly promote the digital pathology and AI solutions to hospitals, health networks, and pathology laboratories worldwide, as well as a strategic partnership agreement with NICO.LAB. The company was formerly known as Koninklijke Philips Electronics N.V. and changed its name to Koninklijke Philips N.V. in May 2013. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands.
Koninklijke Philips Dividend Announcement
• Koninklijke Philips announced a annually dividend of $0.92 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-09
• Koninklijke Philips annual dividend for 2024 was $0.92
• Koninklijke Philips's trailing twelve-month (TTM) dividend yield is 3.73%
Koninklijke Philips Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | $0.92 | annually | 2024-05-16 |
2022-05-12 | $0.82 | annually | 2022-06-08 |
2021-05-10 | $1.03 | annually | 2021-06-09 |
2020-05-05 | $0.94 | annually | 2020-06-04 |
2019-05-13 | $0.96 | annually | 2019-06-13 |
2018-05-07 | $0.99 | annually | 2018-06-06 |
2017-05-12 | $0.86 | annually | 2017-06-14 |
2016-05-13 | $0.90 | annually | 2016-06-15 |
2015-05-08 | $0.91 | annually | 2015-06-10 |
2014-05-05 | $1.10 | annually | 2014-06-04 |
2013-05-07 | $0.98 | annually | 2013-06-05 |
2012-05-02 | $0.94 | annually |
Koninklijke Philips Dividend per year
Koninklijke Philips Dividend growth
Koninklijke Philips Dividend Yield
Koninklijke Philips current trailing twelve-month (TTM) dividend yield is 3.73%. Interested in purchasing Koninklijke Philips stock? Use our calculator to estimate your expected dividend yield:
Koninklijke Philips Financial Ratios
Koninklijke Philips Dividend FAQ
Other factors to consider when evaluating Koninklijke Philips 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: Koninklijke Philips'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, Koninklijke Philips 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, Koninklijke Philips 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 Koninklijke Philips 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: Koninklijke Philips 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, Koninklijke Philips distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Koninklijke Philips 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 Koninklijke Philips'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 Koninklijke Philips'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.