Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up. The firm seeks to invest in technology, electronics manufacturing services, industrial, aerospace, healthcare, retail, restaurants, industrials products, customer care services, metal services, building products, entertainment, gaming, cabinetry products, commercial vehicles, commercial and investment banking, financial services, commercial and multi-unit residential real estate. It invests in global businesses headquartered in North America, including United States and Canada, or Europe. The firm seeks to invest between $125 million and $1 billion in companies that have minimum revenues of $300 million. It does not consider size if the company is in an industry in which the firm already has presence. The firm seeks to make direct as well as co-investments through managed private equity, real estate and credit funds. It seeks to acquire a control position in its portfolio companies. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York; Englewood Cliffs, New Jersey; Boston, Massachusetts and London, United Kingdom.
Onex Dividend Announcement
• Onex announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-10
• Onex annual dividend for 2024 was $0.29
• Onex annual dividend for 2023 was $0.30
• Onex's trailing twelve-month (TTM) dividend yield is 0.51%
• Onex's payout ratio for the trailing twelve months (TTM) is 2.98%
Onex Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $0.07 | quarterly | 2024-10-31 |
2024-07-10 | $0.07 | quarterly | 2024-07-31 |
2024-04-09 | $0.07 | quarterly | 2024-04-30 |
2024-01-09 | $0.07 | quarterly | 2024-01-31 |
2023-10-06 | $0.07 | quarterly | 2023-10-31 |
2023-07-07 | $0.08 | quarterly | 2023-07-31 |
2023-04-05 | $0.07 | quarterly | 2023-04-30 |
2023-01-09 | $0.07 | quarterly | 2023-01-31 |
2020-04-08 | $0.07 | quarterly | 2020-04-30 |
2020-01-09 | $0.08 | quarterly | 2020-01-31 |
2019-10-09 | $0.08 | quarterly | 2019-10-31 |
2019-07-09 | $0.08 | quarterly | 2019-07-31 |
2019-04-09 | $0.07 | quarterly | 2019-04-30 |
2019-01-09 | $0.07 | quarterly | 2019-01-31 |
2018-07-09 | $0.07 | quarterly | 2018-07-31 |
2018-04-09 | $0.06 | quarterly | 2018-04-30 |
2018-01-09 | $0.06 | quarterly | 2018-01-31 |
2017-10-06 | $0.06 | quarterly | 2017-10-31 |
2017-07-06 | $0.06 | quarterly | 2017-07-31 |
2017-04-06 | $0.05 | quarterly | 2017-04-28 |
2017-01-06 | $0.05 | quarterly | 2017-01-31 |
2016-10-05 | $0.05 | quarterly | 2016-10-31 |
2016-07-06 | $0.05 | quarterly | 2016-07-29 |
2016-04-06 | $0.05 | quarterly | 2016-04-29 |
2016-01-06 | $0.04 | quarterly | 2016-01-29 |
2015-10-07 | $0.05 | quarterly | 2015-10-30 |
2015-07-08 | $0.05 | quarterly | |
2015-04-08 | $0.04 | quarterly | |
2015-01-07 | $0.04 | quarterly | |
2014-10-08 | $0.04 | quarterly | |
2014-07-08 | $0.05 | quarterly | |
2014-04-08 | $0.03 | quarterly | |
2014-01-08 | $0.04 | quarterly |
Onex Dividend per year
Onex Dividend growth
Onex Dividend Yield
Onex current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Onex stock? Use our calculator to estimate your expected dividend yield:
Onex Financial Ratios
Onex Dividend FAQ
Other factors to consider when evaluating Onex 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: Onex'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, Onex 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, Onex 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 Onex 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: Onex 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, Onex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Onex 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 Onex'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 Onex'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.