Manx Financial Group PLC, through its subsidiaries, provides asset and personal finance, and wealth management services in the Isle of Man, the United Kingdom, and the Channel Island. The company provides various financial products and services, such as savings accounts, asset financing, personal loans, block discounting, and other specialist secured credit facilities to consumers and business sectors; and loans to small and medium sized entities, as well as foreign exchange, and hire purchase and leasing brokerage services. It also offers wealth management, mortgage, general and life insurance, and retirement planning services to personal and corporate customers; and payment processing facilities. The company was formerly known as Conister Financial Group PLC and changed its name to Manx Financial Group PLC in July 2009. Manx Financial Group PLC was founded in 1935 and is based in Douglas, the Isle of Man.
Manx Financial Dividend Announcement
• Manx Financial announced a annually dividend of £0.46 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-05-16
• Manx Financial annual dividend for 2024 was £0.46
• Manx Financial annual dividend for 2023 was £0.38
• Manx Financial's trailing twelve-month (TTM) dividend yield is 3.09%
• Manx Financial's payout ratio for the trailing twelve months (TTM) is 42.66%
Manx Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | £0.46 | annually | 2024-06-24 |
2023-06-15 | £0.38 | annually | 2023-07-19 |
2022-06-01 | £0.24 | annually | 2022-06-23 |
2021-07-15 | £0.17 | annually | 2021-08-10 |
Manx Financial Dividend per year
Manx Financial Dividend growth
Manx Financial Dividend Yield
Manx Financial current trailing twelve-month (TTM) dividend yield is 3.09%. Interested in purchasing Manx Financial stock? Use our calculator to estimate your expected dividend yield:
Manx Financial Financial Ratios
Manx Financial Dividend FAQ
Other factors to consider when evaluating Manx Financial 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: Manx Financial'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, Manx Financial 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, Manx Financial 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 Manx Financial 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: Manx Financial 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, Manx Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Manx Financial 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 Manx Financial'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 Manx Financial'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.