Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores. The company sells its products under the IGA, Foodland, Mitre 10, Home Hardware, Total Tools, Cellarbrations, IGA Liquor, and the Bottle-O brand names. Metcash Limited was founded in 1920 and is based in Macquarie Park, Australia.
Metcash Dividend Announcement
• Metcash announced a semi annually dividend of A$0.09 per ordinary share which will be made payable on . Ex dividend date: 2024-07-16
• Metcash annual dividend for 2024 was A$0.09
• Metcash annual dividend for 2023 was A$0.22
• Metcash's trailing twelve-month (TTM) dividend yield is 9.18%
• Metcash's payout ratio for the trailing twelve months (TTM) is 57.27%
• Metcash's dividend growth over the last five years (2018-2023) was 10.26% year
Metcash Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | A$0.09 | semi annually | |
2023-12-14 | A$0.11 | semi annually | 2024-01-30 |
2023-07-18 | A$0.11 | semi annually | 2023-08-21 |
2022-12-20 | A$0.12 | semi annually | 2023-01-30 |
2022-07-12 | A$0.11 | semi annually | 2022-08-10 |
2021-12-21 | A$0.10 | semi annually | 2022-01-28 |
2021-07-01 | A$0.10 | semi annually | 2021-08-11 |
2020-12-22 | A$0.08 | semi annually | 2021-01-29 |
2020-07-07 | A$0.07 | semi annually | 2020-08-05 |
2019-12-17 | A$0.06 | semi annually | 2020-01-23 |
2019-07-09 | A$0.07 | semi annually | 2019-08-07 |
2018-12-13 | A$0.07 | semi annually | 2019-01-18 |
2018-07-10 | A$0.07 | semi annually | 2018-08-08 |
2017-12-14 | A$0.06 | semi annually | 2018-01-19 |
2017-07-06 | A$0.04 | semi annually | 2017-07-27 |
2014-12-04 | A$0.07 | semi annually | 2015-01-09 |
2014-06-27 | A$0.09 | semi annually | 2014-07-25 |
2013-12-27 | A$0.10 | semi annually | 2014-01-24 |
2013-06-28 | A$0.17 | semi annually | 2013-07-12 |
2012-12-10 | A$0.12 | semi annually | 2013-01-11 |
2012-07-03 | A$0.17 | semi annually | 2012-07-16 |
2011-12-09 | A$0.12 | semi annually | 2012-01-06 |
2011-06-20 | A$0.16 | semi annually | 2011-07-08 |
Metcash Dividend per year
Metcash Dividend growth
Metcash Dividend Yield
Metcash current trailing twelve-month (TTM) dividend yield is 9.18%. Interested in purchasing Metcash stock? Use our calculator to estimate your expected dividend yield:
Metcash Financial Ratios
Metcash Dividend FAQ
Other factors to consider when evaluating Metcash 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: Metcash'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, Metcash 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, Metcash 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 Metcash 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: Metcash 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, Metcash distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Metcash 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 Metcash'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 Metcash'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.