Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.
Mercedes-Benz Dividend Announcement
• Mercedes-Benz announced a annually dividend of $5.71 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-09
• Mercedes-Benz annual dividend for 2024 was $5.71
• Mercedes-Benz annual dividend for 2023 was $5.76
• Mercedes-Benz's trailing twelve-month (TTM) dividend yield is 10.51%
• Mercedes-Benz's payout ratio for the trailing twelve months (TTM) is 50.61%
• Mercedes-Benz's dividend growth over the last five years (2018-2023) was 5.20% year
• Mercedes-Benz's dividend growth over the last ten years (2013-2023) was 10.10% year
Mercedes-Benz Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | $5.71 | annually | 2024-05-13 |
2023-05-04 | $5.76 | annually | 2023-05-08 |
2022-05-02 | $5.28 | annually | 2022-05-04 |
2021-04-01 | $1.58 | annually | 2021-04-07 |
2020-07-09 | $1.02 | annually | 2020-07-13 |
2020-04-02 | $0.90 | annually | |
2019-05-23 | $3.62 | annually | 2019-05-27 |
2018-04-06 | $4.47 | annually | 2018-04-10 |
2017-03-30 | $3.50 | annually | 2017-04-03 |
2016-04-07 | $3.71 | annually | |
2015-04-02 | $2.64 | annually | |
2014-04-10 | $3.12 | annually | |
2014-04-07 | $2.25 | annually | |
2013-04-11 | $2.20 | annually |
Mercedes-Benz Dividend per year
Mercedes-Benz Dividend growth
Mercedes-Benz Dividend Yield
Mercedes-Benz current trailing twelve-month (TTM) dividend yield is 10.51%. Interested in purchasing Mercedes-Benz stock? Use our calculator to estimate your expected dividend yield:
Mercedes-Benz Financial Ratios
Mercedes-Benz Dividend FAQ
Other factors to consider when evaluating Mercedes-Benz 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mercedes-Benz 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.
1. Determination of Dividend: Mercedes-Benz'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, Mercedes-Benz 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, Mercedes-Benz 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 Mercedes-Benz 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: Mercedes-Benz 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, Mercedes-Benz distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mercedes-Benz 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 Mercedes-Benz'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 Mercedes-Benz'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.