OFX Group Limited provides international payments and foreign exchange services. It offers international payment services, such as bank to bank currency transfer services to businesses and consumers. The company also provides international payment solutions, including OFX IT platform; client service; compliance; banking relationships; and payments services. It operates in the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally. The company was formerly known as OzForex Group Limited and changed its name to OFX Group Limited in September 2016. OFX Group Limited was founded in 1998 and is headquartered in Sydney, Australia.
OFX Dividend Announcement
• OFX announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2020-12-11. Ex dividend date: 2020-11-25
• OFX's trailing twelve-month (TTM) dividend yield is -%
OFX Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-11-25 | A$0.01 | semi annually | 2020-12-11 |
2020-06-09 | A$0.02 | semi annually | 2020-06-22 |
2019-11-27 | A$0.02 | semi annually | 2019-12-13 |
2019-06-06 | A$0.03 | semi annually | 2019-06-21 |
2018-11-27 | A$0.03 | semi annually | 2018-12-14 |
2018-06-07 | A$0.03 | semi annually | 2018-06-22 |
2017-11-30 | A$0.02 | semi annually | 2017-12-15 |
2017-06-08 | A$0.03 | semi annually | 2017-06-23 |
2016-12-12 | A$0.03 | semi annually | 2017-01-04 |
2016-06-09 | A$0.03 | semi annually | 2016-06-24 |
2015-12-02 | A$0.04 | semi annually | 2015-12-18 |
2015-06-10 | A$0.04 | semi annually | 2015-06-26 |
2014-12-03 | A$0.04 | semi annually | 2014-12-19 |
2014-06-11 | A$0.02 | semi annually | 2014-06-27 |
OFX Dividend per year
OFX Dividend growth
OFX Dividend Yield
OFX current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing OFX stock? Use our calculator to estimate your expected dividend yield:
OFX Financial Ratios
OFX Dividend FAQ
Other factors to consider when evaluating OFX 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.
Place an order: Use the brokerage's trading platform to place an order to buy OFX 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.
1. Determination of Dividend: OFX'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, OFX 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, OFX 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 OFX 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: OFX 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, OFX distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OFX 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 OFX'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 OFX'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.