Olam Group Limited engages in the sourcing, processing, packaging, and merchandising of agricultural products worldwide. It operates through Olam Food Ingredients, Olam Global Agri, and Olam International Limited segments. The company offers cocoa powder, liquor, and butter, as well as specialty fats, such as vegetable fats, cocoa butter equivalent fats, cocoa butter improver fats, cocoa butter substitutes, and confectionery and custom fats under the under the deZaan, Unicao, Joanes, Macao, Huysman, Britannia, and BT Cocoa brands; coffee; whole, skimmed, and butter milk powders; butter, anhydrous milk fat, and butter blends; cheese; milk and whey protein concentrates, permeates, and lactose; nuts, including almonds, cashews, hazelnuts, peanuts, sesame, and quinoa and chia seeds; and spices, comprising of chillies, onion and garlic, and pepper. It also provides cotton; palm, soybean, and sunflower oils; animal feeds and proteins; flours for breads, baguettes, pasta noodles, biscuits, semolina, and confectionery; fish feeds; rubber; rice; and timber products. In addition, the company offers biscuits under the Perk, King Cracker, Pure Bliss, and Chic Choc brands; tomato mix under the Tasty Tom, De Rica, and Festin brand names; Tasty Tom Jollof Mix; drinking yoghurt under the FreshYo brand; lollipops under the OK Pop brand name; and noodles under the Cherie Noodles, Cherie Supa Chicken, and Tasty Tom brands. Further, the company engages in the poultry breeding farm and day-old-chick hatchery business; and provision of commodity financial, risk management, and infrastructure and logistics services, as well as sourcing solutions for agricultural raw materials and food ingredients. Olam Group Limited was founded in 1989 and is headquartered in Singapore.
Olam Dividend Announcement
• Olam announced a semi annually dividend of S$0.03 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-21
• Olam annual dividend for 2024 was S$0.07
• Olam annual dividend for 2023 was S$0.07
• Olam's trailing twelve-month (TTM) dividend yield is 6.19%
• Olam's payout ratio for the trailing twelve months (TTM) is 95.78%
• Olam's dividend growth over the last five years (2018-2023) was 0.67% year
• Olam's dividend growth over the last ten years (2013-2023) was 6.84% year
Olam Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-21 | S$0.03 | semi annually | 2024-08-29 |
| 2024-05-03 | S$0.04 | semi annually | 2024-05-13 |
| 2023-08-18 | S$0.03 | semi annually | 2023-08-28 |
| 2023-05-02 | S$0.04 | semi annually | 2023-05-10 |
| 2022-08-19 | S$0.04 | semi annually | 2022-08-29 |
| 2022-03-10 | S$0.04 | semi annually | 2022-03-15 |
| 2021-08-20 | S$0.04 | semi annually | 2021-08-30 |
| 2021-04-30 | S$0.04 | semi annually | 2021-05-10 |
| 2020-08-20 | S$0.03 | semi annually | 2020-08-28 |
| 2020-05-27 | S$0.04 | semi annually | 2020-06-04 |
| 2020-05-04 | S$0.04 | semi annually | |
| 2019-08-21 | S$0.03 | semi annually | 2019-08-29 |
| 2019-05-02 | S$0.04 | semi annually | 2019-05-10 |
| 2018-08-20 | S$0.03 | semi annually | 2018-08-31 |
| 2018-05-02 | S$0.04 | semi annually | 2018-05-11 |
| 2017-08-30 | S$0.03 | semi annually | 2017-09-11 |
| 2017-05-02 | S$0.03 | semi annually | 2017-05-15 |
| 2016-08-18 | S$0.03 | semi annually | |
| 2016-04-28 | S$0.03 | semi annually | |
| 2015-08-20 | S$0.02 | semi annually | |
| 2014-11-04 | S$0.02 | semi annually | |
| 2013-11-05 | S$0.04 | semi annually |
Olam Dividend per year
Olam Dividend growth
Olam Dividend Yield
Olam current trailing twelve-month (TTM) dividend yield is 6.19%. Interested in purchasing Olam stock? Use our calculator to estimate your expected dividend yield:
Olam Financial Ratios
P/E ratio15.31
PEG ratio1.38
P/B ratio0.65
ROE4.00%
Payout ratio95.78%
Current ratio1.47
Quick ratio0.89
Cash Ratio0.16
Olam Dividend FAQ
How much is the next Olam dividend?
Olam's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Olam dividend. The next Olam dividend will be released in May, or August.
When is Olam dividend paid?
Olam pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and August. 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 Olam pay?
The specific amount of Olam 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 Olam's dividend history.
Does Olam stock pay dividends?
Yes, Olam 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 Olam's dividend history.
How much dividend does Olam pay?
Olam paid S$0.07 in 2024, S$0.075 in 2023, S$0.085 in 2022, S$0.079 in 2021, and S$0.122 in 2020.
How often does Olam pay dividends?
Olam 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 May, and August.
What is Olam's dividend yield?
The current dividend yield for Olam is 6.19%. 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 Olam's exact dividend yield.
When does Olam go ex dividend?
Olam's ex-dividend date for the latest dividend was on 2024-08-21. Olam 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 Olam dividend paid?
Olam pays dividends on a semi annually basis, typically around May, or August, but the exact dates can vary each year.
Will Olam 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 Olam 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 Olam dividend per share?
Olam paid S$0.07 per share in 2024 and S$0.075 per share in 2023. The amount of dividend per share that Olam 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 Olam 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 Olam 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 Olam a dividend stock?
Yes, Olam is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Olam a good dividend stock?
Whether Olam is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Olam has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Olam 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 Olam 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 Olam pay dividends monthly?
Olam typically pays dividends on a semi annually basis.
Does Olam pay dividends quarterly?
Olam currently pays dividends on a semi annually basis.
Has Olam ever paid a dividend?
Yes, Olam has a history of paying dividends to its shareholders. Olam is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Olam dividend stocks?
To buy Olam 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 Olam 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 Olam 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 Olam pay dividends 2024?
Olam pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-29. 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 Olam increase its dividend in 2024?
Decisions regarding Olam 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 Olam dividend overview you can look into the above table of dividend history.
How Olam dividend works?
The Olam 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 Olam's dividend process works:
1. Determination of Dividend: Olam'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, Olam 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, Olam 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 Olam 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: Olam'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, Olam 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, Olam 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 Olam 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 Olam dividends paid?
Olam dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Olam 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, Olam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Olam 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: Olam 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, Olam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Olam 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 Olam pay dividends?
Olam 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 Olam pay dividends?
The general pattern is that Olam pays dividends around May, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Olam dividend safe?
The safety of Olam'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 Olam'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 Olam'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 Olam'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 Olam'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.