Mytilineos S.A. operates in metallurgy, sustainable engineering solution, renewables and storage development, and power and gas sectors in Greece, the European Union, and internationally. Its principal business areas include the production of electricity and natural gas; operation of industrial and renewable energy plants; trading of gas; production of alumina and aluminum, as well as bauxite and recycled aluminum; and production, processing, and trading of metals, which include aluminum alloys and derivative products. The company also engages in the development and contract of solar and energy storage projects; contract of specialized large-scale integrated turn-key projects; construction of infrastructure projects; and provision of photovoltaic construction, as well as environmental solutions for water, liquid, and solid waste. In addition, it provides energy solutions; and a range of project management, engineering, procurement, construction, and plant commissioning services. The company was formerly known as Mytilineos Holdings S.A. and changed its name to Mytilineos S.A. in July 2019. Mytilineos S.A. was founded in 1908 and is headquartered in Athens, Greece.
Mytilineos Dividend Announcement
• Mytilineos announced a annually dividend of $1.66 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-06-27
• Mytilineos annual dividend for 2024 was $1.66
• Mytilineos annual dividend for 2023 was $1.35
• Mytilineos's trailing twelve-month (TTM) dividend yield is 4.25%
• Mytilineos's payout ratio for the trailing twelve months (TTM) is 26.33%
• Mytilineos's dividend growth over the last five years (2018-2023) was 29.47% year
Mytilineos Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | $1.66 | annually | 2024-07-17 |
2023-06-27 | $1.35 | annually | 2023-07-18 |
2022-06-24 | $0.45 | annually | 2022-07-18 |
2021-06-25 | $0.45 | annually | 2021-07-16 |
2020-06-24 | $0.41 | annually | 2020-07-16 |
2019-07-03 | $0.41 | annually | 2019-07-17 |
2018-06-15 | $0.37 | annually | 2018-07-02 |
2015-10-27 | $0.11 | annually | |
2015-05-07 | $1.07 | annually |
Mytilineos Dividend per year
Mytilineos Dividend growth
Mytilineos Dividend Yield
Mytilineos current trailing twelve-month (TTM) dividend yield is 4.25%. Interested in purchasing Mytilineos stock? Use our calculator to estimate your expected dividend yield:
Mytilineos Financial Ratios
Mytilineos Dividend FAQ
Other factors to consider when evaluating Mytilineos 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: Mytilineos'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, Mytilineos 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, Mytilineos 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 Mytilineos 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: Mytilineos 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, Mytilineos distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mytilineos 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 Mytilineos'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 Mytilineos'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.