Melrose Industries PLC engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies, including electric vehicle components. Its Powder Metallurgy segment offers precision powder metal parts for the automotive and industrial sectors; and metal powder for powder metallurgy, as well as commercializes additive manufacturing. The company's Other Industrial segment designs, manufactures, and distributes ergonomic products for use in a various working, learning, and healthcare environments; and offers metal hydride hydrogen storage solutions for use in a range of industrial and commercial applications. The company was formerly known as New Melrose Industries PLC and changed its name to Melrose Industries PLC in November 2015. Melrose Industries PLC was founded in 2003 and is headquartered in London, the United Kingdom.
Melrose Industries Dividend Announcement
• Melrose Industries announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-08
• Melrose Industries annual dividend for 2024 was $0.07
• Melrose Industries annual dividend for 2023 was $0.63
• Melrose Industries's trailing twelve-month (TTM) dividend yield is 0.97%
• Melrose Industries's payout ratio for the trailing twelve months (TTM) is -410.81%
Melrose Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-08 | $0.03 | quarterly | 2024-09-16 |
2024-03-28 | $0.04 | quarterly | |
2023-09-14 | $0.02 | quarterly | 2023-10-20 |
2023-04-20 | $0.61 | quarterly | |
2023-03-09 | $0.01 | quarterly | 2023-04-11 |
2022-09-15 | $0.00 | quarterly | 2022-10-20 |
2022-04-07 | $0.00 | quarterly | 2022-05-20 |
2021-09-09 | $0.00 | quarterly | 2021-10-15 |
2021-04-01 | $0.00 | quarterly | 2021-05-19 |
2019-09-12 | $0.01 | quarterly | 2019-10-11 |
2019-04-04 | $0.01 | quarterly | 2019-05-20 |
2018-04-05 | $0.01 | quarterly | 2018-05-21 |
2017-09-07 | $0.01 | quarterly | 2017-10-06 |
2015-08-06 | $0.02 | quarterly | |
2015-04-16 | $0.03 | quarterly | |
2014-09-17 | $0.02 | quarterly | |
2014-04-16 | $0.03 | quarterly |
Melrose Industries Dividend per year
Melrose Industries Dividend growth
Melrose Industries Dividend Yield
Melrose Industries current trailing twelve-month (TTM) dividend yield is 0.97%. Interested in purchasing Melrose Industries stock? Use our calculator to estimate your expected dividend yield:
Melrose Industries Financial Ratios
Melrose Industries Dividend FAQ
Other factors to consider when evaluating Melrose Industries 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: Melrose Industries'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, Melrose Industries 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, Melrose Industries 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 Melrose Industries 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: Melrose Industries 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, Melrose Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Melrose Industries 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 Melrose Industries'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 Melrose Industries'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.