Orchard Funding Group plc, through its subsidiaries, provides insurance premium finance, professional fee funding, and finance services in the United Kingdom. It offers credit to businesses and consumers to spread the cost of their insurance premiums; and professional customized fee funding solutions to accounting firms, professionals, and small businesses to spread the costs of their professional fees. The company was founded in 2002 and is based in Luton, the United Kingdom.
Orchard Funding Dividend Announcement
• Orchard Funding announced a annually dividend of £2.00 per ordinary share which will be made payable on 2024-01-26. Ex dividend date: 2024-01-18
• Orchard Funding annual dividend for 2024 was £2.00
• Orchard Funding annual dividend for 2023 was £1.00
• Orchard Funding's trailing twelve-month (TTM) dividend yield is 7.69%
• Orchard Funding's payout ratio for the trailing twelve months (TTM) is 42.37%
• Orchard Funding's dividend growth over the last five years (2018-2023) was -19.73% year
Orchard Funding Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-18 | £2.00 | annually | 2024-01-26 |
2023-06-08 | £1.00 | annually | 2023-06-23 |
2022-12-22 | £2.00 | annually | 2023-01-06 |
2022-06-09 | £1.00 | annually | 2022-06-24 |
2021-12-09 | £2.00 | annually | 2021-12-17 |
2021-06-10 | £1.00 | annually | 2021-06-25 |
2020-12-10 | £2.00 | annually | 2020-12-18 |
2020-06-11 | £1.00 | annually | 2020-06-26 |
2019-12-12 | £2.00 | annually | 2019-12-20 |
2019-06-13 | £1.00 | annually | 2019-06-28 |
2018-12-13 | £2.00 | annually | 2018-12-21 |
2018-06-14 | £1.00 | annually | 2018-06-29 |
2017-12-07 | £2.00 | annually | 2017-12-22 |
2017-06-22 | £1.00 | annually | 2017-06-30 |
2016-12-15 | £1.41 | annually | 2016-12-23 |
2016-04-21 | £1.41 | annually | 2016-04-27 |
Orchard Funding Dividend per year
Orchard Funding Dividend growth
Orchard Funding Dividend Yield
Orchard Funding current trailing twelve-month (TTM) dividend yield is 7.69%. Interested in purchasing Orchard Funding stock? Use our calculator to estimate your expected dividend yield:
Orchard Funding Financial Ratios
Orchard Funding Dividend FAQ
Other factors to consider when evaluating Orchard Funding 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: Orchard Funding'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, Orchard Funding 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, Orchard Funding 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 Orchard Funding 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: Orchard Funding 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, Orchard Funding distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Orchard Funding 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 Orchard Funding'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 Orchard Funding'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.