NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company operates through four business units: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. It offers tire cord and bead wire products for tire sector; hose reinforcement wire and conveyor belt reinforcement products; and steel wire products and solutions for agriculture, energy and utilities, mining, construction, consumer goods, and the industrial sectors. The company also provides ropes for a range of sectors, including surface and underground mining, offshore and onshore energy, crane and industrial, fishing and marine, and structures; fine steel cords for elevator and timing belts; and window regulator and heating cords for the automotive sector. In addition, it offers building products that reinforce concrete, masonry, plaster, and asphalt; fiber technologies for the filtration, heat-resistant textiles, electroconductive textiles, hydrogen electrolysis technologies, the safe discharge of static energy, sensor technologies, and the semiconductor business; and combustion technologies for gas and hydrogen burners, and residential and commercial heat exchangers. The company was founded in 1880 and is headquartered in Zwevegem, Belgium.
NV Bekaert Dividend Announcement
• NV Bekaert announced a annually dividend of €1.26 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-10
• NV Bekaert annual dividend for 2024 was €1.26
• NV Bekaert annual dividend for 2023 was €1.65
• NV Bekaert's trailing twelve-month (TTM) dividend yield is 3.7%
• NV Bekaert's payout ratio for the trailing twelve months (TTM) is 42.31%
• NV Bekaert's dividend growth over the last five years (2018-2023) was 8.45% year
• NV Bekaert's dividend growth over the last ten years (2013-2023) was 6.86% year
NV Bekaert Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-10 | €1.26 | annually | 2024-05-14 |
2023-05-11 | €1.65 | annually | 2023-05-15 |
2022-05-12 | €1.50 | annually | 2022-05-16 |
2021-05-14 | €0.70 | annually | 2021-05-18 |
2020-11-18 | €0.35 | annually | |
2020-05-14 | €0.35 | annually | 2020-11-20 |
2019-05-09 | €0.70 | annually | 2019-05-13 |
2018-05-11 | €1.10 | annually | 2018-05-15 |
2017-05-11 | €1.10 | annually | 2017-05-15 |
2016-05-12 | €0.90 | annually | 2016-05-17 |
2015-05-15 | €0.85 | annually | 2015-05-19 |
2014-05-16 | €0.85 | annually | 2014-05-21 |
2013-05-10 | €0.85 | annually | 2013-05-15 |
NV Bekaert Dividend per year
NV Bekaert Dividend growth
NV Bekaert Dividend Yield
NV Bekaert current trailing twelve-month (TTM) dividend yield is 3.7%. Interested in purchasing NV Bekaert stock? Use our calculator to estimate your expected dividend yield:
NV Bekaert Financial Ratios
NV Bekaert Dividend FAQ
Other factors to consider when evaluating NV Bekaert 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: NV Bekaert'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, NV Bekaert 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, NV Bekaert 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 NV Bekaert 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: NV Bekaert 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, NV Bekaert distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NV Bekaert 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 NV Bekaert'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 NV Bekaert'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.