New Work SE operates professional networking platforms in Germany and internationally. It operates through B2C, B2B E-Recruiting, and B2B Marketing Solutions & Events segments. The B2C segment serves XING members who use xing.com, XING Jobs, and kununu.com or internations.org to network with other professionals for finding a suitable job, obtaining information about employers, or reading about career-related topics. The B2B E-Recruiting segment products portfolio includes Job ads (XJM), XING TalentManager (XTM), XING TalentPoolManager (XTP), XING Talent Referral Manager (XRM), Employee branding profile, Prescreen Applicant Tracking System, XING TalentService (XTS), XING 360 package, and Honeypot. This segment serves customers who seek access to employees and talent. The B2B Marketing Solutions & Events segment offers native, video, and content advertising formats, sponsored mailings, audience network, and event subsegment, as well as ticketing solutions. This segment serves advertising and events clients. The company was formerly known as Xing SE and changed its name to New Work SE in August 2019. The company was founded in 2003 and is based in Hamburg, Germany. New Work SE is a subsidiary of Burda Digital SE.
New Work Dividend Announcement
• New Work announced a annually dividend of €1.00 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-05
• New Work annual dividend for 2024 was €1.00
• New Work annual dividend for 2023 was €3.56
• New Work's trailing twelve-month (TTM) dividend yield is 1.51%
• New Work's payout ratio for the trailing twelve months (TTM) is 47.05%
• New Work's dividend growth over the last five years (2018-2023) was 16.21% year
• New Work's dividend growth over the last ten years (2013-2023) was 20.32% year
New Work Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-05 | €1.00 | annually | 2024-06-07 |
2023-05-25 | €3.56 | annually | 2023-05-29 |
2022-06-02 | €3.56 | annually | 2022-06-06 |
2021-05-20 | €2.59 | annually | 2021-05-24 |
2020-06-01 | €2.59 | annually | 2020-06-04 |
2019-06-07 | €3.56 | annually | 2019-06-12 |
2019-05-07 | €3.56 | annually | |
2018-05-17 | €1.68 | annually | 2018-05-21 |
2017-05-17 | €1.60 | annually | 2017-05-19 |
2016-06-03 | €1.50 | annually | 2016-06-03 |
2015-06-04 | €0.92 | annually | 2015-06-04 |
2014-05-26 | €3.58 | annually | 2014-05-26 |
2013-05-27 | €0.56 | annually | 2013-05-27 |
New Work Dividend per year
New Work Dividend growth
New Work Dividend Yield
New Work current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing New Work stock? Use our calculator to estimate your expected dividend yield:
New Work Financial Ratios
New Work Dividend FAQ
Other factors to consider when evaluating New Work 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: New Work'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, New Work 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, New Work 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 New Work 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: New Work 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, New Work distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Work 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 New Work'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 New Work'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.