Krones AG, together with its subsidiaries, plans, develops, and manufactures machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in two segments, Machines and Lines for Product Filling and Decoration, and Machines and Lines for Beverage Production/Process Technology. The company provides process technology systems for use in beer, craft beer, juice, milk, soft drink, water, and spirit; Steinecker phoebus membrane filters; systems for ozonisation of water; bottle design; stretch blow molders; bottle washing machines; filling technology systems; inspection technology systems; labelers; conveyors; product treatment systems; packaging technology systems; palletizing technology systems; block technology systems; and recycling systems. It also offers solutions for intralogistics, material flow technology, or warehousing for the beverage and food sector; and IT solutions. It serves breweries; beverage producers; and companies from the food, chemical, pharmaceutical, and cosmetic industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.
Krones Dividend Announcement
• Krones announced a annually dividend of €2.20 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-05
• Krones annual dividend for 2024 was €2.20
• Krones annual dividend for 2023 was €1.75
• Krones's trailing twelve-month (TTM) dividend yield is 1.85%
• Krones's payout ratio for the trailing twelve months (TTM) is 55.76%
• Krones's dividend growth over the last five years (2018-2023) was 0.58% year
• Krones's dividend growth over the last ten years (2013-2023) was 8.84% year
Krones Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-05 | €2.20 | annually | 2024-06-07 |
2023-05-24 | €1.75 | annually | 2023-05-26 |
2022-06-01 | €1.40 | annually | 2022-06-03 |
2021-05-18 | €0.06 | annually | 2021-05-20 |
2020-05-19 | €0.75 | annually | 2020-05-22 |
2019-06-06 | €1.70 | annually | 2019-06-11 |
2018-06-14 | €1.70 | annually | 2018-06-18 |
2017-06-21 | €1.55 | annually | 2017-06-23 |
2016-06-16 | €1.45 | annually | 2016-06-16 |
2015-06-18 | €1.25 | annually | 2015-06-18 |
2014-06-26 | €2.00 | annually | 2014-06-26 |
2013-06-20 | €0.75 | annually | 2013-06-20 |
Krones Dividend per year
Krones Dividend growth
Krones Dividend Yield
Krones current trailing twelve-month (TTM) dividend yield is 1.85%. Interested in purchasing Krones stock? Use our calculator to estimate your expected dividend yield:
Krones Financial Ratios
Krones Dividend FAQ
Other factors to consider when evaluating Krones 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: Krones'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, Krones 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, Krones 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 Krones 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: Krones 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, Krones distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Krones 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 Krones'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 Krones'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.