National Presto Industries Inc. provides housewares and small electric appliance, and defense products primarily in North America. It operates through three segments: Housewares/Small Appliance, Defense, and Safety. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand. This segment sells its products directly to retailers, as well as through independent distributors. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical products, and medium caliber cartridge cases; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. The Safety segment patents machine learning, digital sensors, and cloud-based technology to continuously monitor freezers and refrigerators detecting and alerting users to potential safety issues around pharmaceuticals and food. National Presto Industries Inc. was incorporated in 1905 and is based in Eau Claire, Wisconsin.
National Presto Industries Dividend Announcement
• National Presto Industries announced a annually dividend of $4.50 per ordinary share which will be made payable on 2024-03-15. Ex dividend date: 2024-02-29
• National Presto Industries annual dividend for 2024 was $4.50
• National Presto Industries annual dividend for 2023 was $4.00
• National Presto Industries's trailing twelve-month (TTM) dividend yield is 6.25%
• National Presto Industries's payout ratio for the trailing twelve months (TTM) is 97.64%
• National Presto Industries's dividend growth over the last five years (2018-2023) was -4.36% year
National Presto Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-29 | $4.50 | annually | 2024-03-15 |
2023-02-28 | $4.00 | annually | 2023-03-15 |
2022-02-28 | $4.50 | annually | 2022-03-15 |
2021-02-26 | $5.25 | annually | 2021-03-12 |
2020-02-28 | $6.00 | annually | 2020-03-13 |
2019-02-28 | $5.00 | annually | 2019-03-15 |
2018-02-28 | $5.00 | annually | 2018-03-15 |
2017-02-27 | $5.50 | annually | 2017-03-15 |
2016-02-26 | $4.05 | annually | 2016-03-15 |
2015-02-26 | $4.05 | annually | 2015-03-13 |
2014-02-27 | $5.05 | annually | 2014-03-14 |
2012-12-13 | $5.50 | annually | 2012-12-28 |
2012-02-29 | $6.00 | annually | 2012-03-15 |
National Presto Industries Dividend per year
National Presto Industries Dividend growth
National Presto Industries Dividend Yield
National Presto Industries current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing National Presto Industries stock? Use our calculator to estimate your expected dividend yield:
National Presto Industries Financial Ratios
National Presto Industries Dividend FAQ
Other factors to consider when evaluating National Presto Industries 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: National Presto Industries'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, National Presto Industries 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, National Presto Industries 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 National Presto Industries 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: National Presto Industries 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, National Presto Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: National Presto Industries 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 National Presto Industries'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 National Presto Industries'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.