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 5.88%
• Olam's payout ratio for the trailing twelve months (TTM) is 88.53%
• 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 5.88%. Interested in purchasing Olam stock? Use our calculator to estimate your expected dividend yield:
Olam Financial Ratios
Olam Dividend FAQ
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.
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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. 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.
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.