Minerva S.A. engages in the production and sale of fresh beef, livestock, and by-products in South America. It is also involved in slaughtering and deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals. In addition, the company trades in and sells electric power; trades in food products; sells third parties' brands primarily Swift products; and prepares products for animals, which include meat/bone meal, blood, and tallow. It operates 25 cattle slaughtering plants in Brazil, Paraguay, Argentina, Uruguay, and Colombia. The company was founded in 1957 and is headquartered in Barretos, Brazil.
Minerva Dividend Announcement
• Minerva announced a semi annually dividend of $0.16 per ordinary share which will be made payable on 2023-08-30. Ex dividend date: 2023-08-25
• Minerva annual dividend for 2023 was $0.42
• Minerva's trailing twelve-month (TTM) dividend yield is -%
Minerva Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-25 | $0.16 | semi annually | 2023-08-30 |
2023-05-12 | $0.26 | semi annually | 2023-05-18 |
2022-08-31 | $0.17 | semi annually | 2022-09-06 |
2022-05-06 | $0.28 | semi annually | 2022-05-16 |
2021-11-24 | $0.26 | semi annually | 2021-12-02 |
2021-04-22 | $0.51 | semi annually | 2021-04-27 |
2021-01-14 | $0.03 | semi annually | 2021-01-20 |
2020-11-19 | $0.19 | semi annually | 2020-11-25 |
2018-11-09 | $0.07 | semi annually | 2018-11-20 |
2017-03-30 | $0.34 | semi annually | 2017-04-24 |
Minerva Dividend per year
Minerva Dividend growth
Minerva Dividend Yield
Minerva current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Minerva stock? Use our calculator to estimate your expected dividend yield:
Minerva Financial Ratios
Minerva Dividend FAQ
Other factors to consider when evaluating Minerva 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: Minerva'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, Minerva 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, Minerva 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 Minerva 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: Minerva 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, Minerva distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Minerva 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 Minerva'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 Minerva'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.