Krispy Kreme, Inc., together with its subsidiaries, operates through an omni-channel business model to provide doughnut experiences and produce doughnuts. The company operates through three segments: U.S. and Canada, International, and Market Development. It also produces cookies, brownies, cookie cakes, ice cream, cookie-wiches, and cold milk, as well as doughnut mixes, other ingredients, and doughnut-making equipment. As of January 2, 2022, the company had 1,810 Krispy Kreme and Insomnia Cookies-branded shops in approximately 30 countries worldwide, which include 971 company owned and 839 franchised. It serves through doughnut shops, delivered fresh daily outlets, ecommerce, and delivery business. The company was formerly known as Krispy Kreme Doughnuts, Inc. and changed its name to Krispy Kreme, Inc. in May 2021. Krispy Kreme, Inc. was founded in 1937 and is headquartered in Charlotte, North Carolina.
Krispy Kreme Dividend Announcement
• Krispy Kreme announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-23
• Krispy Kreme annual dividend for 2024 was $0.14
• Krispy Kreme annual dividend for 2023 was $0.14
• Krispy Kreme's trailing twelve-month (TTM) dividend yield is 1.53%
• Krispy Kreme's payout ratio for the trailing twelve months (TTM) is 83.82%
Krispy Kreme Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-23 | $0.04 | quarterly | 2024-11-06 |
2024-07-24 | $0.04 | quarterly | 2024-08-07 |
2024-04-23 | $0.04 | quarterly | 2024-05-08 |
2024-01-23 | $0.04 | quarterly | 2024-02-07 |
2023-10-25 | $0.04 | quarterly | 2023-11-09 |
2023-07-25 | $0.04 | quarterly | 2023-08-09 |
2023-04-25 | $0.04 | quarterly | 2023-05-10 |
2023-01-24 | $0.04 | quarterly | 2023-02-08 |
2022-10-25 | $0.04 | quarterly | 2022-11-09 |
2022-07-26 | $0.04 | quarterly | 2022-08-10 |
2022-04-26 | $0.04 | quarterly | 2022-05-11 |
2022-01-25 | $0.04 | quarterly | 2022-02-09 |
2021-10-26 | $0.04 | quarterly | 2021-11-10 |
Krispy Kreme Dividend per year
Krispy Kreme Dividend growth
Krispy Kreme Dividend Yield
Krispy Kreme current trailing twelve-month (TTM) dividend yield is 1.53%. Interested in purchasing Krispy Kreme stock? Use our calculator to estimate your expected dividend yield:
Krispy Kreme Financial Ratios
Krispy Kreme Dividend FAQ
Other factors to consider when evaluating Krispy Kreme 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: Krispy Kreme'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, Krispy Kreme 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, Krispy Kreme 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 Krispy Kreme 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: Krispy Kreme 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, Krispy Kreme distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Krispy Kreme 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 Krispy Kreme'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 Krispy Kreme'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.