The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.
Middleby Dividend Announcement
• Middleby announced a annually dividend of $0.40 per ordinary share which will be made payable on 2004-07-06. Ex dividend date: 2004-06-02
• Middleby's trailing twelve-month (TTM) dividend yield is -%
Middleby Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2004-06-02 | $0.40 | annually | 2004-07-06 |
2003-11-07 | $0.25 | annually | 2003-12-19 |
2000-12-18 | $0.10 | annually | 2000-12-29 |
1991-02-26 | $0.02 | annually | 1991-03-25 |
1990-11-14 | $0.02 | annually | 1990-12-15 |
1990-08-16 | $0.02 | annually | 1990-09-15 |
1990-05-17 | $0.02 | annually | 1990-06-15 |
1990-03-05 | $0.02 | annually | 1990-03-30 |
1989-11-15 | $0.02 | annually | 1989-12-15 |
1989-08-17 | $0.02 | annually | 1989-09-15 |
1989-05-19 | $0.02 | annually | 1989-06-15 |
1989-02-21 | $0.02 | annually | 1989-03-20 |
1988-11-14 | $0.05 | annually | 1988-12-15 |
Middleby Dividend per year
Middleby Dividend growth
Middleby Dividend Yield
Middleby current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Middleby stock? Use our calculator to estimate your expected dividend yield:
Middleby Financial Ratios
Middleby Dividend FAQ
Other factors to consider when evaluating Middleby 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: Middleby'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, Middleby 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, Middleby 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 Middleby 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: Middleby 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, Middleby distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Middleby 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 Middleby'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 Middleby'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.