Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand name; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand name; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand name. It also offers kitchen taps, sinks, and instant hot water taps under the Abode brand name; ceramic wall and floor tiles under the Johnson Tiles brand name; and adhesives, grouts, and surface preparation products under the Norcros Adhesives brand name for fixing ceramic and porcelain tiles, mosaics, natural stones, and marbles. In addition, the company provides tile adhesives, pourable floor coverings, and tiling tools for various types of ceramic, porcelain, or natural stone tiles; and various products for the preparation of floors before the installation of hard and soft floor coverings, including primers, additives, patching and repair compounds, and screeds and self-levelling screeds, as well as waterproofing systems under the TAL brand name, as well as specialist plumbing materials under the House of Plumbing brand name. Further, it manufactures waterproof decorative bathroom wall panels under the Home of Multipanel brand name; and retails wall and floor tiles, adhesives, showers, sanitaryware, and bathroom fittings under the Tile Africa brand name. The company serves consumers, architects, designers, developers, retailers, and wholesalers. Norcros plc was incorporated in 1999 and is headquartered in Wilmslow, the United Kingdom.
Norcros Dividend Announcement
• Norcros announced a semi annually dividend of £3.50 per ordinary share which will be made payable on 2025-01-14. Ex dividend date: 2024-11-28
• Norcros annual dividend for 2024 was £10.30
• Norcros annual dividend for 2023 was £10.20
• Norcros's trailing twelve-month (TTM) dividend yield is 4.08%
• Norcros's payout ratio for the trailing twelve months (TTM) is 33.96%
Norcros Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-28 | £3.50 | semi annually | 2025-01-14 |
| 2024-06-27 | £6.80 | semi annually | 2024-08-02 |
| 2023-11-30 | £3.40 | semi annually | 2024-01-16 |
| 2023-06-29 | £6.80 | semi annually | 2023-08-04 |
| 2022-11-24 | £3.40 | semi annually | 2023-01-10 |
| 2022-06-23 | £6.90 | semi annually | 2022-07-29 |
| 2021-11-25 | £3.10 | semi annually | 2022-01-11 |
| 2021-06-24 | £8.20 | semi annually | 2021-07-30 |
| 2019-11-28 | £3.10 | semi annually | 2020-01-10 |
| 2019-06-20 | £5.60 | semi annually | 2019-08-02 |
| 2018-11-29 | £2.80 | semi annually | 2019-01-11 |
| 2018-06-21 | £5.20 | semi annually | 2018-08-02 |
| 2017-11-30 | £2.60 | semi annually | 2018-01-12 |
| 2017-06-22 | £4.75 | semi annually | 2017-08-03 |
| 2016-12-15 | £2.38 | semi annually | 2017-01-12 |
| 2016-06-23 | £4.36 | semi annually | 2016-07-28 |
| 2015-12-03 | £2.18 | semi annually | 2016-01-07 |
| 2015-06-25 | £0.37 | semi annually | 2015-07-29 |
| 2014-12-04 | £18.32 | semi annually | 2015-01-07 |
| 2014-06-25 | £0.34 | semi annually | 2014-07-30 |
| 2013-12-04 | £16.84 | semi annually | 2014-01-09 |
| 2013-06-26 | £0.30 | semi annually | 2013-07-30 |
| 2012-12-05 | £15.35 | semi annually | 2013-01-08 |
| 2012-06-27 | £0.28 | semi annually | 2012-07-31 |
Norcros Dividend per year
Norcros Dividend growth
Norcros Dividend Yield
Norcros current trailing twelve-month (TTM) dividend yield is 4.08%. Interested in purchasing Norcros stock? Use our calculator to estimate your expected dividend yield:
Norcros Financial Ratios
P/E ratio8.34
PEG ratio8.34
P/B ratio1.00
ROE12.35%
Payout ratio33.96%
Current ratio2.00
Quick ratio1.03
Cash Ratio0.31
Norcros Dividend FAQ
How much is the next Norcros dividend?
Norcros's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Norcros dividend. The next Norcros dividend will be released in June, or November.
When is Norcros dividend paid?
Norcros pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Norcros pay?
The specific amount of Norcros dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Norcros's dividend history.
Does Norcros stock pay dividends?
Yes, Norcros does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Norcros's dividend history.
How much dividend does Norcros pay?
Norcros paid £10.3 in 2024, £10.2 in 2023, £10.3 in 2022, £11.3 in 2021, and £0.0 in 2020.
How often does Norcros pay dividends?
Norcros typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and November.
What is Norcros's dividend yield?
The current dividend yield for Norcros is 4.08%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Norcros's exact dividend yield.
When does Norcros go ex dividend?
Norcros's ex-dividend date for the latest dividend was on 2024-11-28. Norcros typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Norcros dividend paid?
Norcros pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will Norcros increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Norcros will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Norcros dividend per share?
Norcros paid £10.3 per share in 2024 and £10.2 per share in 2023. The amount of dividend per share that Norcros pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Norcros a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Norcros a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Norcros a dividend stock?
Yes, Norcros is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Norcros a good dividend stock?
Whether Norcros is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Norcros has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Norcros 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.
Other factors to consider when evaluating Norcros 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.
Does Norcros pay dividends monthly?
Norcros typically pays dividends on a semi annually basis.
Does Norcros pay dividends quarterly?
Norcros currently pays dividends on a semi annually basis.
Has Norcros ever paid a dividend?
Yes, Norcros has a history of paying dividends to its shareholders. Norcros is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Norcros dividend stocks?
To buy Norcros you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Norcros stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Norcros stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Norcros pay dividends 2024?
Norcros pays dividends on a semi annually basis. 2024 dividend payments are in 2025-01-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Norcros increase its dividend in 2024?
Decisions regarding Norcros dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Norcros dividend overview you can look into the above table of dividend history.
How Norcros dividend works?
The Norcros dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Norcros's dividend process works:
1. Determination of Dividend: Norcros'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, Norcros 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, Norcros 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 Norcros 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. Determination of Dividend: Norcros'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, Norcros 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, Norcros 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 Norcros 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.
How are Norcros dividends paid?
Norcros dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Norcros 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, Norcros distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Norcros 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.
1. Record Date: Norcros 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, Norcros distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Norcros 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.
How many times does Norcros pay dividends?
Norcros typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Norcros pay dividends?
The general pattern is that Norcros pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Norcros dividend safe?
The safety of Norcros's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Norcros'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 Norcros'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.
To assess the safety of Norcros'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 Norcros'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.