Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. It offers engine blocks, transmissions, cases, housings, oil coolers, hoses, tube assemblies, oil fillers, tubes, indicators, oil pick-up screens and pipes, heater hose inlets and outlets, and electric motor housings; and front horizontal, rear suspension, and front vertical modules. It also provides evaporator system integrity monitors, DPS lines, EGR tubes, air-injection tubes, and exhaust manifold tubes; fuel filler necks, capless refueling systems, fuel tank/sender assemblies, vapor assemblies and canister hoses, fuel line feed/return assembly systems, and fuel lines and hoses; and air-conditioning lines, and heater core inlet and outlet assemblies. In addition, it offers frame rail assemblies, surface stampings, structural BIW components, suspension arms and links, engine cradles, centre and rear crossmembers, suspension twist axles, roof assemblies, door intrusion beams, bumpers, radiator support assemblies, trailer hitches, dash and plenum assemblies, wheelhouse assemblies, roll-formed rockers and headers, appliqués, battery trays and housings, aluminum and steel shock towers, control arms, and knuckles, as well as belt, upper reveal, roof ditch, D-line, and other exterior decorative moldings. Further, it provides brake lines and assemblies, power steering lines and assemblies, power steering oil fillers, and tubes and indicators; and graphene brake lines products. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.
Martinrea International Dividend Announcement
• Martinrea International announced a quarterly dividend of C$0.05 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
• Martinrea International annual dividend for 2024 was C$0.15
• Martinrea International annual dividend for 2023 was C$0.20
• Martinrea International's trailing twelve-month (TTM) dividend yield is 1.9%
• Martinrea International's payout ratio for the trailing twelve months (TTM) is 11.17%
• Martinrea International's dividend growth over the last five years (2018-2023) was 3.92% year
• Martinrea International's dividend growth over the last ten years (2013-2023) was 8.31% year
Martinrea International Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | C$0.05 | quarterly | 2024-10-15 |
| 2024-06-28 | C$0.05 | quarterly | 2024-07-15 |
| 2024-03-27 | C$0.05 | quarterly | 2024-04-15 |
| 2023-12-28 | C$0.05 | quarterly | 2024-01-15 |
| 2023-09-28 | C$0.05 | quarterly | 2023-10-15 |
| 2023-06-29 | C$0.05 | quarterly | 2023-07-15 |
| 2023-03-30 | C$0.05 | quarterly | 2023-04-15 |
| 2022-12-29 | C$0.05 | quarterly | 2023-01-15 |
| 2022-09-28 | C$0.05 | quarterly | 2022-10-15 |
| 2022-06-29 | C$0.05 | quarterly | 2022-07-15 |
| 2022-03-30 | C$0.05 | quarterly | 2022-04-15 |
| 2021-12-30 | C$0.05 | quarterly | 2022-01-17 |
| 2021-09-28 | C$0.05 | quarterly | 2021-10-15 |
| 2021-06-29 | C$0.05 | quarterly | 2021-07-15 |
| 2021-03-30 | C$0.05 | quarterly | 2021-04-15 |
| 2020-12-30 | C$0.05 | quarterly | 2021-01-15 |
| 2020-09-29 | C$0.05 | quarterly | 2020-10-15 |
| 2020-07-14 | C$0.05 | quarterly | 2020-07-25 |
| 2020-03-30 | C$0.05 | quarterly | 2020-04-15 |
| 2019-12-30 | C$0.04 | quarterly | 2020-01-15 |
| 2019-09-27 | C$0.04 | quarterly | 2019-10-15 |
| 2019-06-27 | C$0.04 | quarterly | 2019-07-15 |
| 2019-03-28 | C$0.04 | quarterly | 2019-04-15 |
| 2018-12-28 | C$0.04 | quarterly | 2019-01-15 |
| 2018-09-27 | C$0.04 | quarterly | 2018-10-15 |
| 2018-06-28 | C$0.04 | quarterly | 2018-07-15 |
| 2018-03-28 | C$0.03 | quarterly | 2018-04-15 |
| 2017-12-28 | C$0.03 | quarterly | 2018-01-15 |
| 2017-09-28 | C$0.03 | quarterly | 2017-10-15 |
| 2017-06-28 | C$0.03 | quarterly | 2017-07-15 |
| 2017-03-29 | C$0.03 | quarterly | 2017-04-15 |
| 2016-12-28 | C$0.03 | quarterly | 2017-01-16 |
| 2016-09-28 | C$0.03 | quarterly | 2016-10-17 |
| 2016-06-28 | C$0.03 | quarterly | 2016-07-15 |
| 2016-03-29 | C$0.03 | quarterly | 2016-04-15 |
| 2015-12-29 | C$0.03 | quarterly | 2016-01-15 |
| 2015-09-28 | C$0.03 | quarterly | 2015-10-15 |
| 2015-06-26 | C$0.03 | quarterly | 2015-07-15 |
| 2015-04-15 | C$0.03 | quarterly | 2015-04-30 |
| 2014-12-29 | C$0.03 | quarterly | 2015-01-15 |
| 2014-09-26 | C$0.03 | quarterly | 2014-10-15 |
| 2014-06-26 | C$0.03 | quarterly | 2014-07-15 |
| 2014-04-15 | C$0.03 | quarterly | 2014-04-30 |
| 2013-12-27 | C$0.03 | quarterly | 2014-01-15 |
| 2013-09-26 | C$0.03 | quarterly | 2013-10-15 |
| 2013-06-26 | C$0.03 | quarterly | 2013-07-11 |
Martinrea International Dividend per year
Martinrea International Dividend growth
Martinrea International Dividend Yield
Martinrea International current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Martinrea International stock? Use our calculator to estimate your expected dividend yield:
Martinrea International Financial Ratios
P/E ratio5.72
PEG ratio0.69
P/B ratio0.52
ROE9.30%
Payout ratio11.17%
Current ratio1.25
Quick ratio0.81
Cash Ratio0.14
Martinrea International Dividend FAQ
How much is the next Martinrea International dividend?
Martinrea International's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Martinrea International dividend. The next Martinrea International dividend will be released in March, June, September, or December.
When is Martinrea International dividend paid?
Martinrea International pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Martinrea International pay?
The specific amount of Martinrea International 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 Martinrea International's dividend history.
Does Martinrea International stock pay dividends?
Yes, Martinrea International 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 Martinrea International's dividend history.
How much dividend does Martinrea International pay?
Martinrea International paid C$0.15 in 2024, C$0.2 in 2023, C$0.2 in 2022, C$0.2 in 2021, and C$0.2 in 2020.
How often does Martinrea International pay dividends?
Martinrea International typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Martinrea International's dividend yield?
The current dividend yield for Martinrea International is 1.9%. 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 Martinrea International's exact dividend yield.
When does Martinrea International go ex dividend?
Martinrea International's ex-dividend date for the latest dividend was on 2024-09-27. Martinrea International 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 Martinrea International dividend paid?
Martinrea International pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Martinrea International 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 Martinrea International 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 Martinrea International dividend per share?
Martinrea International paid C$0.15 per share in 2024 and C$0.2 per share in 2023. The amount of dividend per share that Martinrea International 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 Martinrea International 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 Martinrea International 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 Martinrea International a dividend stock?
Yes, Martinrea International is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Martinrea International a good dividend stock?
Whether Martinrea International is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Martinrea International has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Martinrea International 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.
Other factors to consider when evaluating Martinrea International 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 Martinrea International pay dividends monthly?
Martinrea International typically pays dividends on a quarterly basis.
Does Martinrea International pay dividends quarterly?
Martinrea International currently pays dividends on a quarterly basis.
Has Martinrea International ever paid a dividend?
Yes, Martinrea International has a history of paying dividends to its shareholders. Martinrea International is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Martinrea International dividend stocks?
To buy Martinrea International 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 Martinrea International 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.
Place an order: Use the brokerage's trading platform to place an order to buy Martinrea International 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 Martinrea International pay dividends 2024?
Martinrea International pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. 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 Martinrea International increase its dividend in 2024?
Decisions regarding Martinrea International 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 Martinrea International dividend overview you can look into the above table of dividend history.
How Martinrea International dividend works?
The Martinrea International 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 Martinrea International's dividend process works:
1. Determination of Dividend: Martinrea International'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, Martinrea International 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, Martinrea International 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 Martinrea International 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. Determination of Dividend: Martinrea International'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, Martinrea International 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, Martinrea International 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 Martinrea International 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 Martinrea International dividends paid?
Martinrea International dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Martinrea International 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, Martinrea International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Martinrea International 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.
1. Record Date: Martinrea International 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, Martinrea International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Martinrea International 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 Martinrea International pay dividends?
Martinrea International typically pays dividends on a quarterly 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 Martinrea International pay dividends?
The general pattern is that Martinrea International pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Martinrea International dividend safe?
The safety of Martinrea International'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 Martinrea International'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 Martinrea International'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.
To assess the safety of Martinrea International'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 Martinrea International'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.