Move Logistics Group Limited operates as a freight and logistics company in New Zealand. The company operates through International, Specialist, Freighting, Contract Logistics, and Corporate segments. It offers freight services for general freight or full truck loads, household relocations, containerized and bulk lots, temperature-controlled goods, non-hazardous and dangerous liquids, project cargo and heavy haulage, and specialized equipment; and logistics and warehousing services, including customize picking and packing services for individual orders, intelligent warehouse management systems, 4PL consulting services, custom solutions, consultancy services for service improvement, and managing of warehouses. The company also provides customs clearance and brokerage, air freight, sea freight, courier, and coastal shipping services; and lifting, handling, and transport services, such as heavy haulage, freight movement, machinery relocation and installation, crane transport and hire, precast concrete transport, and container packing and devanning services. In addition, it transports petrol, diesel, LPG, oil and gas, crude oil and condensates, bitumen, emulsion, hazardous and non-hazardous bulk liquids, and other petroleum products. The company was formerly known as TIL Logistics Group Limited and changed its name to Move Logistics Group Limited in August 2021. Move Logistics Group Limited was founded in 1869 and is headquartered in New Plymouth, New Zealand.
MOVE Logistics Dividend Announcement
• MOVE Logistics announced a semi annually dividend of NZ$0.02 per ordinary share which will be made payable on 2019-09-27. Ex dividend date: 2019-09-12
• MOVE Logistics's trailing twelve-month (TTM) dividend yield is -%
MOVE Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-09-12 | NZ$0.02 | semi annually | 2019-09-27 |
2019-03-12 | NZ$0.02 | semi annually | 2019-03-27 |
2018-09-13 | NZ$0.02 | semi annually | 2018-09-28 |
2013-08-14 | NZ$0.00 | semi annually | |
2011-09-21 | NZ$0.00 | semi annually | |
2010-08-19 | NZ$0.00 | semi annually |
MOVE Logistics Dividend per year
MOVE Logistics Dividend growth
MOVE Logistics Dividend Yield
MOVE Logistics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing MOVE Logistics stock? Use our calculator to estimate your expected dividend yield:
MOVE Logistics Financial Ratios
MOVE Logistics Dividend FAQ
Other factors to consider when evaluating MOVE Logistics 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: MOVE Logistics'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, MOVE Logistics 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, MOVE Logistics 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 MOVE Logistics 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: MOVE Logistics 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, MOVE Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MOVE Logistics 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 MOVE Logistics'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 MOVE Logistics'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.