Localiza Rent a Car S.A. engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of December 31, 2021, it operated a fleet of 273,233 cars, and 620 car rental agencies in Brazil and internationally. The company serves individuals, legal entities, and corporations. The company was founded in 1973 and is headquartered in Belo Horizonte, Brazil.
Localiza Rent a Car Dividend Announcement
• Localiza Rent a Car announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-10-03
• Localiza Rent a Car annual dividend for 2024 was $0.19
• Localiza Rent a Car annual dividend for 2023 was $0.34
• Localiza Rent a Car's trailing twelve-month (TTM) dividend yield is 3.6%
• Localiza Rent a Car's payout ratio for the trailing twelve months (TTM) is 64.94%
• Localiza Rent a Car's dividend growth over the last five years (2018-2023) was 37.68% year
• Localiza Rent a Car's dividend growth over the last ten years (2013-2023) was -8.45% year
Localiza Rent a Car Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | $0.01 | quarterly | 2024-11-25 |
2024-08-06 | $0.02 | quarterly | 2024-08-13 |
2024-07-05 | $0.07 | quarterly | 2024-08-29 |
2024-04-05 | $0.08 | quarterly | 2024-06-03 |
2024-02-01 | $0.01 | quarterly | 2024-02-07 |
2023-12-29 | $0.08 | quarterly | 2024-02-26 |
2023-10-27 | $0.01 | quarterly | 2023-11-06 |
2023-10-04 | $0.08 | quarterly | 2023-11-30 |
2023-07-03 | $0.08 | quarterly | 2023-08-24 |
2023-04-21 | $0.01 | quarterly | 2023-05-01 |
2023-03-31 | $0.07 | quarterly | 2023-05-30 |
2023-01-20 | $0.01 | quarterly | 2023-01-30 |
2022-12-28 | $0.07 | quarterly | 2023-02-23 |
2022-11-04 | $0.01 | quarterly | 2022-11-14 |
2022-10-05 | $0.07 | quarterly | 2022-11-21 |
2022-07-07 | $0.03 | quarterly | 2022-09-06 |
2022-05-02 | $0.06 | quarterly | 2022-05-31 |
2022-04-01 | $0.03 | quarterly | 2022-05-31 |
2021-12-23 | $0.02 | quarterly | 2022-02-22 |
2021-10-06 | $0.02 | quarterly | 2021-12-02 |
2021-07-07 | $0.02 | quarterly | 2021-08-30 |
2021-05-03 | $0.00 | quarterly | 2021-06-01 |
2021-04-01 | $0.02 | quarterly | 2021-06-01 |
2020-12-18 | $0.02 | quarterly | 2021-02-16 |
2020-09-17 | $0.02 | quarterly | 2020-11-16 |
2020-06-26 | $0.02 | quarterly | 2020-10-26 |
2020-03-20 | $0.02 | quarterly | 2020-09-25 |
2019-12-24 | $0.02 | quarterly | 2020-02-24 |
2019-09-13 | $0.02 | quarterly | 2019-11-18 |
2019-06-28 | $0.03 | quarterly | 2019-08-26 |
2019-05-09 | $0.00 | quarterly | 2019-05-30 |
2019-03-29 | $0.02 | quarterly | 2019-05-30 |
2018-12-21 | $0.02 | quarterly | 2019-02-19 |
2018-10-03 | $0.02 | quarterly | 2018-11-23 |
2018-06-29 | $0.02 | quarterly | 2018-08-23 |
2018-04-06 | $0.02 | quarterly | 2018-05-23 |
2017-12-15 | $0.02 | quarterly | 2018-02-07 |
2017-09-22 | $0.06 | quarterly | 2017-11-14 |
2017-07-11 | $0.05 | quarterly | 2017-08-31 |
2017-03-16 | $0.06 | quarterly | 2017-05-09 |
2016-12-22 | $0.07 | quarterly | 2017-02-15 |
2016-10-05 | $0.05 | quarterly | 2016-12-01 |
2016-07-14 | $0.05 | quarterly | |
2016-05-18 | $0.00 | quarterly | |
2016-03-29 | $0.05 | quarterly | |
2015-12-28 | $0.04 | quarterly | |
2015-10-07 | $0.04 | quarterly | |
2015-07-09 | $0.04 | quarterly | |
2015-05-08 | $0.07 | quarterly | |
2015-04-21 | $0.04 | quarterly | |
2014-12-26 | $0.03 | quarterly | |
2014-10-02 | $0.03 | quarterly | |
2014-07-09 | $0.03 | quarterly | |
2014-05-08 | $0.08 | quarterly | |
2014-04-10 | $0.03 | quarterly | |
2014-01-02 | $0.04 | quarterly | |
2013-11-01 | $0.55 | quarterly | |
2013-10-09 | $0.03 | quarterly | |
2013-07-01 | $0.03 | quarterly | |
2013-05-08 | $0.13 | quarterly | |
2013-03-21 | $0.04 | quarterly | |
2013-01-02 | $0.04 | quarterly |
Localiza Rent a Car Dividend per year
Localiza Rent a Car Dividend growth
Localiza Rent a Car Dividend Yield
Localiza Rent a Car current trailing twelve-month (TTM) dividend yield is 3.6%. Interested in purchasing Localiza Rent a Car stock? Use our calculator to estimate your expected dividend yield:
Localiza Rent a Car Financial Ratios
Localiza Rent a Car Dividend FAQ
Other factors to consider when evaluating Localiza Rent a Car 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: Localiza Rent a Car'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, Localiza Rent a Car 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, Localiza Rent a Car 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 Localiza Rent a Car 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: Localiza Rent a Car 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, Localiza Rent a Car distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Localiza Rent a Car 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 Localiza Rent a Car'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 Localiza Rent a Car'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.