Matrix Composites & Engineering Ltd, together with its subsidiaries, designs, engineers, manufactures, and sells composite and material technology solutions to the oil and gas, civil and infrastructure, resources, defense, and transportation industries in Australia and internationally. It offers autonomous underwater vehicles/unmanned underwater vehicles buoyancy, distributed buoyancy module systems, drill riser buoyancy systems, matrix longitudinal groove system (LGS) riser buoyancy system, and Matrix LGS surf systems, as well as Matrix MarineShield, a wraparound corrosion protection system for the preservation of pipelines, risers, piles, and other critical field infrastructure. The company also provides well construction and completion products, such as matrix conductor centralizers for fixed platform wells; matrix riser sealing mandrel to enhance the safety of completion and workover operations on board floating drilling units and workover vessels; and Max R low friction centralizers for well and drilling completions. In addition, it offers VIV suppression equipment for rigid pipelines. Further, the company distributes coatings, including Humiclean, an environmentally friendly, biodegradable, non-toxic, and non-VOC cleaning agent; Humidur Char, a passive fire protection product; Humidur FP, a solvent free epoxy coating; and Humidur TC, a solvent-free epoxy siloxane hybrid top coating. Additionally, it provides Matrix Fibrenetic, a rapid installation and lightweight carbon fiber repair system to remediate corroded structures; Matrix Rotolining, an internal lining system; Kinetica dropped object protection cells for protecting critical equipment and work site areas from dropped objects; Kinetic syntactic foam; and provision of inspection, maintenance, and repair services. The company was incorporated in 1990 and is headquartered in Henderson, Australia.
Matrix Composites & Engineering Dividend Announcement
• Matrix Composites & Engineering announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2015-09-30. Ex dividend date: 2015-09-14
• Matrix Composites & Engineering's trailing twelve-month (TTM) dividend yield is -%
Matrix Composites & Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-09-14 | A$0.01 | semi annually | 2015-09-30 |
2015-03-10 | A$0.02 | semi annually | 2015-03-31 |
2012-04-03 | A$0.02 | semi annually | 2012-04-30 |
2011-10-11 | A$0.05 | semi annually | 2011-10-31 |
2011-04-11 | A$0.03 | semi annually | 2011-04-29 |
2010-10-08 | A$0.02 | semi annually | 2010-10-28 |
2010-04-08 | A$0.02 | semi annually | 2010-04-28 |
Matrix Composites & Engineering Dividend per year
Matrix Composites & Engineering Dividend growth
Matrix Composites & Engineering Dividend Yield
Matrix Composites & Engineering current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Matrix Composites & Engineering stock? Use our calculator to estimate your expected dividend yield:
Matrix Composites & Engineering Financial Ratios
Matrix Composites & Engineering Dividend FAQ
Other factors to consider when evaluating Matrix Composites & Engineering 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: Matrix Composites & Engineering'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, Matrix Composites & Engineering 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, Matrix Composites & Engineering 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 Matrix Composites & Engineering 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: Matrix Composites & Engineering 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, Matrix Composites & Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Matrix Composites & Engineering 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 Matrix Composites & Engineering'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 Matrix Composites & Engineering'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.