Marks Electrical Group PLC operates as an online electrical retailer in the United Kingdom. It sells, delivers, and installs domestic electrical appliances and consumer electronics. The company was formerly known as Marks Electrical Holding Limited and changed its name to Marks Electrical Group PLC in October 2021. The company was founded in 1987 and is based in Leicester, United Kingdom.
Marks Electrical Dividend Announcement
• Marks Electrical announced a semi annually dividend of £0.66 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-11 • Marks Electrical annual dividend for 2024 was £0.66 • Marks Electrical annual dividend for 2023 was £0.96 • Marks Electrical's trailing twelve-month (TTM) dividend yield is 1.63% • Marks Electrical's payout ratio for the trailing twelve months (TTM) is 235.83%
Marks Electrical current trailing twelve-month (TTM) dividend yield is 1.63%. Interested in purchasing Marks Electrical stock? Use our calculator to estimate your expected dividend yield:
Marks Electrical Financial Ratios
P/E ratio145.03
PEG ratio145.03
P/B ratio4.52
ROE3.05%
Payout ratio235.83%
Current ratio1.59
Quick ratio0.91
Cash Ratio0.41
Marks Electrical Dividend FAQ
How much is the next Marks Electrical dividend?
Marks Electrical's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Marks Electrical dividend. The next Marks Electrical dividend will be released in July, or November.
When is Marks Electrical dividend paid?
Marks Electrical pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Marks Electrical pay?
The specific amount of Marks Electrical dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Marks Electrical's dividend history.
Does Marks Electrical stock pay dividends?
Yes, Marks Electrical does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Marks Electrical's dividend history.
How much dividend does Marks Electrical pay?
Marks Electrical paid £0.66 in 2024, £0.96 in 2023, £0.97 in 2022, £0.0 in 2021, and £0.0 in 2020.
How often does Marks Electrical pay dividends?
Marks Electrical typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July, and November.
What is Marks Electrical's dividend yield?
The current dividend yield for Marks Electrical is 1.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Marks Electrical's exact dividend yield.
When does Marks Electrical go ex dividend?
Marks Electrical's ex-dividend date for the latest dividend was on 2024-07-11. Marks Electrical typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Marks Electrical dividend paid?
Marks Electrical pays dividends on a semi annually basis, typically around July, or November, but the exact dates can vary each year.
Will Marks Electrical increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Marks Electrical will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Marks Electrical dividend per share?
Marks Electrical paid £0.66 per share in 2024 and £0.96 per share in 2023. The amount of dividend per share that Marks Electrical pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Marks Electrical a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Marks Electrical a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Marks Electrical a dividend stock?
Yes, Marks Electrical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Marks Electrical a good dividend stock?
Whether Marks Electrical is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Marks Electrical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Marks Electrical 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.
Does Marks Electrical pay dividends monthly?
Marks Electrical typically pays dividends on a semi annually basis.
Does Marks Electrical pay dividends quarterly?
Marks Electrical currently pays dividends on a semi annually basis.
Has Marks Electrical ever paid a dividend?
Yes, Marks Electrical has a history of paying dividends to its shareholders. Marks Electrical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Marks Electrical dividend stocks?
To buy Marks Electrical you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Marks Electrical 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.
When does Marks Electrical pay dividends 2024?
Marks Electrical pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Marks Electrical increase its dividend in 2024?
Decisions regarding Marks Electrical dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Marks Electrical dividend overview you can look into the above table of dividend history.
How Marks Electrical dividend works?
The Marks Electrical dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Marks Electrical's dividend process works:
1. Determination of Dividend: Marks Electrical'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, Marks Electrical 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, Marks Electrical 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 Marks Electrical 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.
How are Marks Electrical dividends paid?
Marks Electrical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Marks Electrical 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, Marks Electrical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Marks Electrical 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.
How many times does Marks Electrical pay dividends?
Marks Electrical typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Marks Electrical pay dividends?
The general pattern is that Marks Electrical pays dividends around July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Marks Electrical dividend safe?
The safety of Marks Electrical's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Marks Electrical'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 Marks Electrical'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.