OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. The company operates through Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The Exploration & Production segment engages in the exploration, development, and production of oil and gas in the regions of Central and Eastern Europe, the Middle East and Africa, the North Sea, and the Asia Pacific. The Refining & Marketing segment is involved in the refining and marketing of fuels and other feedstock. It has 3 inland refineries in Europe; approximately 2,100 filling stations in ten European countries; and gas storage facilities in Austria and Germany, as well as a gas-fired power plant in Romania. This segment is also involved in the supply, marketing, and trading of gas in Europe and Turkey. The Chemicals & Materials segment provides advanced and circular polyolefin solutions, base chemicals, and fertilizers, as well as engages in the recycling of plastics. The company was founded in 1956 and is headquartered in Vienna, Austria.
OMV Dividend Announcement
• OMV announced a annually dividend of $1.46 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-06
• OMV annual dividend for 2024 was $1.46
• OMV annual dividend for 2023 was $5.98
• OMV's trailing twelve-month (TTM) dividend yield is 15.26%
• OMV's payout ratio for the trailing twelve months (TTM) is 115.69%
• OMV's dividend growth over the last five years (2018-2023) was 27.91% year
• OMV's dividend growth over the last ten years (2013-2023) was 11.49% year
OMV Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | $1.46 | annually | 2024-06-17 |
2023-06-06 | $5.98 | annually | 2023-06-20 |
2022-06-10 | $2.46 | annually | 2022-06-21 |
2021-06-11 | $2.26 | annually | 2021-06-18 |
2020-10-06 | $2.05 | annually | 2020-10-15 |
2019-05-21 | $1.95 | annually | 2019-05-31 |
2018-05-29 | $1.75 | annually | 2018-06-08 |
2017-05-30 | $1.35 | annually | 2017-06-09 |
2016-05-25 | $1.11 | annually | 2016-06-07 |
2015-05-21 | $1.36 | annually | 2015-06-04 |
2014-05-15 | $2.35 | annually | 2014-05-29 |
2013-05-17 | $2.01 | annually | 2013-05-30 |
OMV Dividend per year
OMV Dividend growth
OMV Dividend Yield
OMV current trailing twelve-month (TTM) dividend yield is 15.26%. Interested in purchasing OMV stock? Use our calculator to estimate your expected dividend yield:
OMV Financial Ratios
OMV Dividend FAQ
Other factors to consider when evaluating OMV 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: OMV'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, OMV 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, OMV 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 OMV 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: OMV 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, OMV distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OMV 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 OMV'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 OMV'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.