Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. It sells technology products, appliances, electronics, telephony, furniture, gifts, and toys. The company also grants credit and provides extended warranties for its products. In addition, it is involved in the provision of consumer financing and consortium services for the purchase of vehicles, motorcycles, home appliances, and real estate properties; and e-commerce of perfumes, cosmetics, sports, and fashion products. Further, the company provides integration, logistics, and technological solutions; and manages relation between merchants and marketplaces. It owns 1,481 stores and 26 distribution centers. The company was founded in 1957 and is headquartered in Franca, Brazil. Magazine Luiza S.A. is a subsidiary of LTD Administração e Participação S.A.
Magazine Luiza Dividend Announcement
• Magazine Luiza announced a quarterly dividend of R$0.02 per ordinary share which will be made payable on 2022-05-06. Ex dividend date: 2021-07-06
• Magazine Luiza's trailing twelve-month (TTM) dividend yield is -%
Magazine Luiza Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-07-06 | R$0.02 | quarterly | 2022-05-06 |
2020-12-30 | R$0.03 | quarterly | 2021-05-05 |
2020-07-31 | R$0.09 | quarterly | 2020-08-19 |
2020-04-14 | R$0.72 | quarterly | |
2020-01-02 | R$0.03 | quarterly | 2020-08-19 |
2019-10-08 | R$0.07 | quarterly | 2020-08-19 |
2019-04-16 | R$0.35 | quarterly | 2019-04-26 |
2019-01-02 | R$0.55 | quarterly | 2019-04-26 |
2018-04-17 | R$0.25 | quarterly | 2018-04-25 |
2017-12-20 | R$0.37 | quarterly | 2018-04-25 |
2017-04-26 | R$0.95 | quarterly | 2017-05-05 |
2015-04-28 | R$0.10 | quarterly | |
2015-01-15 | R$0.07 | quarterly | |
2014-04-23 | R$0.10 | quarterly | |
2014-02-21 | R$0.06 | quarterly | |
2012-05-02 | R$0.01 | quarterly |
Magazine Luiza Dividend per year
Magazine Luiza Dividend growth
Magazine Luiza Dividend Yield
Magazine Luiza current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Magazine Luiza stock? Use our calculator to estimate your expected dividend yield:
Magazine Luiza Financial Ratios
Magazine Luiza Dividend FAQ
Other factors to consider when evaluating Magazine Luiza 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: Magazine Luiza'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, Magazine Luiza 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, Magazine Luiza 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 Magazine Luiza 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: Magazine Luiza 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, Magazine Luiza distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Magazine Luiza 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 Magazine Luiza'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 Magazine Luiza'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.