Mainfreight Limited provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia. The company offers warehousing, domestic freight forwarding, and international air and ocean freight forwarding services. Mainfreight Limited was incorporated in 1978 and is based in Auckland, New Zealand.
Mainfreight Dividend Announcement
• Mainfreight announced a semi annually dividend of NZ$0.87 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-10
• Mainfreight annual dividend for 2024 was NZ$0.87
• Mainfreight annual dividend for 2023 was NZ$1.72
• Mainfreight's trailing twelve-month (TTM) dividend yield is 2.37%
• Mainfreight's payout ratio for the trailing twelve months (TTM) is 95.89%
• Mainfreight's dividend growth over the last five years (2018-2023) was 29.08% year
• Mainfreight's dividend growth over the last ten years (2013-2023) was 27.09% year
Mainfreight Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | NZ$0.87 | semi annually | 2024-07-19 |
2023-12-07 | NZ$0.85 | semi annually | 2023-12-15 |
2023-07-12 | NZ$0.87 | semi annually | 2023-07-21 |
2022-12-08 | NZ$0.85 | semi annually | 2022-12-16 |
2022-07-14 | NZ$0.87 | semi annually | 2022-07-22 |
2021-12-09 | NZ$0.55 | semi annually | 2021-12-17 |
2021-07-08 | NZ$0.45 | semi annually | 2021-07-16 |
2020-12-10 | NZ$0.30 | semi annually | 2020-12-18 |
2020-07-09 | NZ$0.34 | semi annually | 2020-07-17 |
2019-12-05 | NZ$0.25 | semi annually | 2019-12-13 |
2019-07-11 | NZ$0.34 | semi annually | 2019-07-19 |
2018-12-06 | NZ$0.22 | semi annually | 2018-12-14 |
2018-07-12 | NZ$0.26 | semi annually | 2018-07-20 |
2017-12-07 | NZ$0.19 | semi annually | 2017-12-15 |
2017-07-13 | NZ$0.24 | semi annually | 2017-07-21 |
2016-12-08 | NZ$0.17 | semi annually | |
2016-07-14 | NZ$0.23 | semi annually | |
2015-12-09 | NZ$0.14 | semi annually | |
2015-07-08 | NZ$0.20 | semi annually | |
2014-12-03 | NZ$0.14 | semi annually | |
2014-07-09 | NZ$0.19 | semi annually | |
2013-12-04 | NZ$0.13 | semi annually | |
2013-07-10 | NZ$0.03 | semi annually |
Mainfreight Dividend per year
Mainfreight Dividend growth
Mainfreight Dividend Yield
Mainfreight current trailing twelve-month (TTM) dividend yield is 2.37%. Interested in purchasing Mainfreight stock? Use our calculator to estimate your expected dividend yield:
Mainfreight Financial Ratios
Mainfreight Dividend FAQ
Other factors to consider when evaluating Mainfreight 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mainfreight stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Mainfreight'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, Mainfreight 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, Mainfreight 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 Mainfreight 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: Mainfreight 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, Mainfreight distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mainfreight 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 Mainfreight'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 Mainfreight'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.