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 £6.80 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-06-27
• Norcros annual dividend for 2024 was £6.80
• Norcros annual dividend for 2023 was £10.20
• Norcros's trailing twelve-month (TTM) dividend yield is 3.78%
• 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 |
---|---|---|---|
2024-06-27 | £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 3.78%. Interested in purchasing Norcros stock? Use our calculator to estimate your expected dividend yield:
Norcros Financial Ratios
Norcros Dividend FAQ
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.
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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. 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.
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.