Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment provides processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. It sells in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company was founded in 1977 and is based in Garðabær, Iceland.
Marel Dividend Announcement
• Marel announced a annually dividend of $0.01 per ordinary share which will be made payable on 2024-04-11. Ex dividend date: 2024-03-22
• Marel annual dividend for 2024 was $0.01
• Marel annual dividend for 2023 was $0.02
• Marel's trailing twelve-month (TTM) dividend yield is 0.17%
• Marel's payout ratio for the trailing twelve months (TTM) is 54.39%
• Marel's dividend growth over the last five years (2018-2023) was -21.39% year
Marel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-22 | $0.01 | annually | 2024-04-11 |
2023-03-24 | $0.02 | annually | 2023-04-14 |
2022-03-18 | $0.05 | annually | 2022-03-30 |
2021-03-19 | $0.06 | annually | 2021-04-07 |
2020-03-20 | $0.06 | annually | 2020-04-08 |
2019-03-07 | $0.06 | annually | 2019-03-27 |
2018-03-07 | $0.05 | annually | 2018-03-27 |
2017-03-03 | $0.02 | annually | 2017-03-23 |
Marel Dividend per year
Marel Dividend growth
Marel Dividend Yield
Marel current trailing twelve-month (TTM) dividend yield is 0.17%. Interested in purchasing Marel stock? Use our calculator to estimate your expected dividend yield:
Marel Financial Ratios
Marel Dividend FAQ
Other factors to consider when evaluating Marel 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: Marel'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, Marel 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, Marel 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 Marel 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: Marel 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, Marel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Marel 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 Marel'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 Marel'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.