Livestock Improvement Corporation Limited engages in the development, production and marketing of artificial breeding, genetics, farm software, and herd testing services in the dairy industry. It operates through NZ Market Genetics, Herd Testing, Farm Software, and Diagnostics segments. The NZ Market Genetics segment provides bovine genetic breeding materials and related services to dairy farmers. The Herd Testing segment offers herd testing and animal recording services for pastoral farmers. The Farm Software segment provides data recording, tags, and farm management information services. The Diagnostics segment provides DNA and animal health testing services. The company operates in New Zealand, Australia, Ireland, the United Kingdom, and internationally. Livestock Improvement Corporation Limited was founded in 1909 and is headquartered in Hamilton, New Zealand.
Livestock Improvement Dividend Announcement
• Livestock Improvement announced a semi annually dividend of NZ$0.06 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-08-01
• Livestock Improvement annual dividend for 2024 was NZ$0.19
• Livestock Improvement annual dividend for 2023 was NZ$0.16
• Livestock Improvement's trailing twelve-month (TTM) dividend yield is 19.83%
• Livestock Improvement's payout ratio for the trailing twelve months (TTM) is 497.10%
• Livestock Improvement's dividend growth over the last five years (2018-2023) was 57.08% year
Livestock Improvement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | NZ$0.06 | semi annually | 2024-08-16 |
2024-02-08 | NZ$0.13 | semi annually | 2024-02-23 |
2023-08-03 | NZ$0.16 | semi annually | 2023-08-18 |
2022-08-04 | NZ$0.18 | semi annually | 2022-08-19 |
2022-01-06 | NZ$0.10 | semi annually | 2022-01-21 |
2021-08-05 | NZ$0.13 | semi annually | 2021-08-20 |
2020-08-06 | NZ$0.13 | semi annually | 2020-08-21 |
2019-08-08 | NZ$0.11 | semi annually | 2019-08-23 |
2018-08-02 | NZ$0.02 | semi annually | 2018-08-17 |
2017-08-03 | NZ$0.06 | semi annually | 2017-08-18 |
2015-08-04 | NZ$0.20 | semi annually | |
2014-08-05 | NZ$0.36 | semi annually | |
2013-08-06 | NZ$0.55 | semi annually | |
2012-08-07 | NZ$0.39 | semi annually |
Livestock Improvement Dividend per year
Livestock Improvement Dividend growth
Livestock Improvement Dividend Yield
Livestock Improvement current trailing twelve-month (TTM) dividend yield is 19.83%. Interested in purchasing Livestock Improvement stock? Use our calculator to estimate your expected dividend yield:
Livestock Improvement Financial Ratios
Livestock Improvement Dividend FAQ
Other factors to consider when evaluating Livestock Improvement 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: Livestock Improvement'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, Livestock Improvement 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, Livestock Improvement 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 Livestock Improvement 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: Livestock Improvement 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, Livestock Improvement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Livestock Improvement 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 Livestock Improvement'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 Livestock Improvement'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.