LEG Immobilien AG, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat. It also provides IT and management services for third-party. As of December 31, 2021, the company's property portfolio consisted of 166,189 residential units; 1,576 commercial units; and 45,438 garages and parking spaces in North Rhine-Westphalia. LEG Immobilien AG was founded in 1970 and is headquartered in Düsseldorf, Germany.
LEG Immobilien Dividend Announcement
• LEG Immobilien announced a annually dividend of €2.45 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-05-24
• LEG Immobilien annual dividend for 2024 was €2.45
• LEG Immobilien's trailing twelve-month (TTM) dividend yield is 2.82%
• LEG Immobilien's payout ratio for the trailing twelve months (TTM) is -24.50%
LEG Immobilien Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | €2.45 | annually | 2024-06-26 |
2022-05-20 | €4.07 | annually | 2022-06-23 |
2021-05-28 | €3.78 | annually | 2021-06-28 |
2020-08-20 | €3.60 | annually | 2020-09-29 |
2020-05-21 | €3.60 | annually | |
2019-05-30 | €3.53 | annually | 2019-06-04 |
2018-05-18 | €3.04 | annually | 2018-05-23 |
2017-05-18 | €2.76 | annually | 2017-05-22 |
2016-05-20 | €2.26 | annually | 2016-05-20 |
2015-06-25 | €1.96 | annually | 2015-06-25 |
2014-06-26 | €1.73 | annually | 2014-06-26 |
2013-07-22 | €0.41 | annually | 2013-07-22 |
LEG Immobilien Dividend per year
LEG Immobilien Dividend growth
LEG Immobilien Dividend Yield
LEG Immobilien current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing LEG Immobilien stock? Use our calculator to estimate your expected dividend yield:
LEG Immobilien Financial Ratios
LEG Immobilien Dividend FAQ
Other factors to consider when evaluating LEG Immobilien 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: LEG Immobilien'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, LEG Immobilien 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, LEG Immobilien 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 LEG Immobilien 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: LEG Immobilien 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, LEG Immobilien distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LEG Immobilien 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 LEG Immobilien'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 LEG Immobilien'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.