Nicolás Correa, S.A. designs, manufactures, and sells milling machines in Spain and internationally. It offers bed type, travelling column, bridge type moving table milling, gantry type, and gantry milling machines; and express delivery machines, as well as machines with a T-shaped configuration. The company also designs and manufactures machine welded and machined structures, enclosures, telescopic guards, and other metal parts for the general industry; and manufactures and installs electrical cabinets and boards for the industrial machinery sector. In addition, it provides applications engineering and after-sales services. The company offers its products for use in aeronautic, automotive, railway, wind energy, capital goods, energy, defense, general machining, and oil and gas applications. Nicolás Correa, S.A. was founded in 1947 and is based in Burgos, Spain.
Nicolás Correa Dividend Announcement
• Nicolás Correa announced a annually dividend of €0.22 per ordinary share which will be made payable on 2024-05-06. Ex dividend date: 2024-05-03
• Nicolás Correa annual dividend for 2024 was €0.22
• Nicolás Correa annual dividend for 2023 was €0.23
• Nicolás Correa's trailing twelve-month (TTM) dividend yield is 3.02%
• Nicolás Correa's payout ratio for the trailing twelve months (TTM) is 20.66%
Nicolás Correa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | €0.22 | annually | 2024-05-06 |
2023-05-04 | €0.23 | annually | 2023-05-08 |
2022-04-29 | €0.20 | annually | 2022-05-03 |
2021-05-07 | €0.17 | annually | 2021-05-11 |
2020-10-21 | €0.17 | annually | 2020-10-23 |
2020-10-15 | €0.17 | annually | |
2019-06-06 | €0.15 | annually | 2019-06-10 |
2008-07-02 | €0.05 | annually | |
2002-06-10 | €0.04 | annually | |
2001-06-04 | €12.00 | annually | |
2000-07-03 | €6.00 | annually | |
2000-03-15 | €6.00 | annually |
Nicolás Correa Dividend per year
Nicolás Correa Dividend growth
Nicolás Correa Dividend Yield
Nicolás Correa current trailing twelve-month (TTM) dividend yield is 3.02%. Interested in purchasing Nicolás Correa stock? Use our calculator to estimate your expected dividend yield:
Nicolás Correa Financial Ratios
Nicolás Correa Dividend FAQ
Other factors to consider when evaluating Nicolás Correa 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: Nicolás Correa'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, Nicolás Correa 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, Nicolás Correa 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 Nicolás Correa 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: Nicolás Correa 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, Nicolás Correa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nicolás Correa 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 Nicolás Correa'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 Nicolás Correa'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.