Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products. This segment provides its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, KRAUS, EASY DRAIN, STEAMIST, ELITESTEAM, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands. Its Decorative Architectural Products segment offers paints, primers, specialty coatings, stains, and waterproofing products, as well as paint applicators and accessories; cabinet and door hardware, functional hardware, wall plates, hook and rail products, closet organization systems, and picture hanging accessories; decorative bath hardware, mirrors, and shower accessories and doors; and decorative indoor and outdoor lighting fixtures, ceiling fans, landscape lighting, and LED lighting systems. This segment provides its products under the BEHR, KILZ, WHIZZ, Elder & Jenks, LIBERTY, BRAINERD, FRANKLIN BRASS, KICHLER, and ÉLAN brands. It sells its products to the plumbing, heating, and hardware wholesalers; home centers and online retailers; hardware stores; electrical and landscape distributors; lighting showrooms; building supply outlets; and other mass merchandisers. Masco Corporation was incorporated in 1929 and is headquartered in Livonia, Michigan.
Masco Dividend Announcement
• Masco announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-08
• Masco annual dividend for 2024 was $1.16
• Masco annual dividend for 2023 was $1.14
• Masco's trailing twelve-month (TTM) dividend yield is 1.43%
• Masco's payout ratio for the trailing twelve months (TTM) is 30.69%
• Masco's dividend growth over the last five years (2018-2023) was 21.25% year
• Masco's dividend growth over the last ten years (2013-2023) was 14.28% year
Masco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.29 | quarterly | 2024-11-25 |
2024-08-02 | $0.29 | quarterly | 2024-08-19 |
2024-05-23 | $0.29 | quarterly | 2024-06-10 |
2024-02-21 | $0.29 | quarterly | 2024-03-11 |
2023-11-09 | $0.28 | quarterly | 2023-11-27 |
2023-08-10 | $0.28 | quarterly | 2023-08-28 |
2023-05-25 | $0.28 | quarterly | 2023-06-12 |
2023-02-22 | $0.28 | quarterly | 2023-03-13 |
2022-11-09 | $0.28 | quarterly | 2022-11-28 |
2022-08-11 | $0.28 | quarterly | 2022-08-29 |
2022-05-26 | $0.28 | quarterly | 2022-06-13 |
2022-02-24 | $0.28 | quarterly | 2022-03-14 |
2021-11-10 | $0.23 | quarterly | 2021-11-29 |
2021-08-12 | $0.23 | quarterly | 2021-08-30 |
2021-05-27 | $0.23 | quarterly | 2021-06-14 |
2021-01-07 | $0.14 | quarterly | 2021-02-08 |
2020-10-08 | $0.14 | quarterly | 2020-11-09 |
2020-07-09 | $0.14 | quarterly | 2020-08-10 |
2020-04-09 | $0.14 | quarterly | 2020-05-11 |
2020-01-09 | $0.14 | quarterly | 2020-02-10 |
2019-10-10 | $0.14 | quarterly | 2019-11-12 |
2019-07-11 | $0.12 | quarterly | 2019-08-12 |
2019-04-11 | $0.12 | quarterly | 2019-05-13 |
2019-01-10 | $0.12 | quarterly | 2019-02-11 |
2018-10-11 | $0.12 | quarterly | 2018-11-13 |
2018-07-12 | $0.10 | quarterly | 2018-08-13 |
2018-04-12 | $0.10 | quarterly | 2018-05-14 |
2018-01-11 | $0.10 | quarterly | 2018-02-12 |
2017-10-12 | $0.10 | quarterly | 2017-11-13 |
2017-07-12 | $0.10 | quarterly | 2017-08-14 |
2017-04-12 | $0.10 | quarterly | 2017-05-08 |
2017-01-11 | $0.10 | quarterly | 2017-02-13 |
2016-10-12 | $0.10 | quarterly | 2016-11-14 |
2016-07-06 | $0.10 | quarterly | 2016-08-08 |
2016-04-06 | $0.10 | quarterly | 2016-05-09 |
2016-01-06 | $0.10 | quarterly | 2016-02-08 |
2015-10-07 | $0.10 | quarterly | 2015-11-09 |
2015-07-09 | $0.09 | quarterly | 2015-08-10 |
2015-04-08 | $0.09 | quarterly | 2015-05-11 |
2015-01-07 | $0.09 | quarterly | 2015-02-09 |
2014-10-08 | $0.09 | quarterly | 2014-11-10 |
2014-06-12 | $0.09 | quarterly | 2014-07-15 |
2014-04-09 | $0.07 | quarterly | 2014-05-12 |
2014-01-08 | $0.07 | quarterly | 2014-02-10 |
2013-10-09 | $0.07 | quarterly | 2013-11-04 |
2013-07-02 | $0.07 | quarterly | 2013-08-05 |
2013-04-03 | $0.07 | quarterly | 2013-05-06 |
2013-01-02 | $0.07 | quarterly | 2013-02-04 |
Masco Dividend per year
Masco Dividend growth
Masco Dividend Yield
Masco current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Masco stock? Use our calculator to estimate your expected dividend yield:
Masco Financial Ratios
Masco Dividend FAQ
Other factors to consider when evaluating Masco 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: Masco'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, Masco 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, Masco 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 Masco 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: Masco 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, Masco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Masco 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 Masco'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 Masco'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.