Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain. The company provides security services, such as manned guarding and technology-backed monitoring solutions, fire and security systems installations, vetting and front-of-house services; and general, specialist, and technical cleaning services in offices, buildings, transport and logistics hubs, and high-security environments. It is also involved in the provision of technology-backed engineering; maintenance, repair, and mechanical and electrical project activities; energy, carbon, and water management services; air conditioning and disinfection solutions; telecoms and energy services; and remote asset monitoring, and digital and connected workplace solutions. In addition, the company provides facilities management services across central government and defense contracts; decarbonization solutions; and engineering services. Further, it offers integrated facilities management services to devolved public sector customers, which focuses on community environments in healthcare, schools and universities, emergency services, and local authorities; portering services; public services in immigration, criminal justice, and healthcare; horticultural and winter landscaping services; and waste elimination, reduction, recycling, and treatment solutions. Mitie Group plc was incorporated in 1936 and is headquartered in London, the United Kingdom.
Mitie Dividend Announcement
• Mitie announced a semi annually dividend of $0.15 per ordinary share which will be made payable on 2024-08-20. Ex dividend date: 2024-06-21
• Mitie annual dividend for 2024 was $0.15
• Mitie annual dividend for 2023 was $0.16
• Mitie's trailing twelve-month (TTM) dividend yield is 2.57%
• Mitie's payout ratio for the trailing twelve months (TTM) is 32.86%
• Mitie's dividend growth over the last five years (2018-2023) was -5.27% year
• Mitie's dividend growth over the last ten years (2013-2023) was -13.40% year
Mitie Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | $0.15 | semi annually | 2024-08-20 |
2023-12-14 | $0.05 | semi annually | 2024-02-15 |
2023-06-22 | $0.11 | semi annually | 2023-08-18 |
2022-12-15 | $0.03 | semi annually | 2023-02-16 |
2022-06-24 | $0.07 | semi annually | 2022-08-22 |
2021-12-16 | $0.02 | semi annually | 2022-02-17 |
2020-08-14 | $2.31 | semi annually | 2020-08-13 |
2019-12-19 | $0.07 | semi annually | 2020-02-19 |
2019-06-27 | $0.14 | semi annually | 2019-08-26 |
2018-12-20 | $0.07 | semi annually | 2019-02-27 |
2018-06-21 | $0.14 | semi annually | 2018-08-21 |
2017-12-21 | $0.07 | semi annually | 2018-02-22 |
2016-12-14 | $0.20 | semi annually | 2017-02-16 |
2016-06-22 | $0.39 | semi annually | 2016-08-19 |
2015-12-16 | $0.33 | semi annually | |
2015-06-24 | $0.40 | semi annually | |
2014-12-17 | $0.33 | semi annually | |
2014-06-25 | $0.41 | semi annually | |
2013-12-18 | $0.32 | semi annually | |
2013-06-26 | $0.36 | semi annually |
Mitie Dividend per year
Mitie Dividend growth
Mitie Dividend Yield
Mitie current trailing twelve-month (TTM) dividend yield is 2.57%. Interested in purchasing Mitie stock? Use our calculator to estimate your expected dividend yield:
Mitie Financial Ratios
Mitie Dividend FAQ
Other factors to consider when evaluating Mitie 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: Mitie'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, Mitie 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, Mitie 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 Mitie 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: Mitie 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, Mitie distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mitie 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 Mitie'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 Mitie'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.