Palfinger AG produces and sells crane and lifting solutions worldwide. It offers loader cranes, timber and recycling cranes, knuckle boom cranes, telescopic cranes, stiff boom cranes, winches and offshore equipment, offshore cranes, davit systems, boats, wind cranes, hooklifts, access platforms, tail lifts, passenger lifts, mobile cranes, truck mounted forklifts, railway systems, rope access, bridge inspection units, skiploaders, and lifesaving equipment. The company also provides contract manufacturing services. It serves construction and infrastructure, transport and logistics, railways, waste management and recycling, forestry, state institutions, offshore, wind, cruise, navy and coast guard, aquaculture and fisheries, and trade and transport industries. The company provides its products and services through a network of approximately 5,000 service centers in 130 countries; and 200 independent general importers. Palfinger AG was founded in 1932 and is headquartered in Bergheim, Austria. Palfinger AG is a subsidiary of The Palfinger Family.
Palfinger Dividend Announcement
• Palfinger announced a annually dividend of €1.05 per ordinary share which will be made payable on . Ex dividend date: 2024-04-15
• Palfinger annual dividend for 2024 was €1.05
• Palfinger annual dividend for 2023 was €0.77
• Palfinger's trailing twelve-month (TTM) dividend yield is 5.32%
• Palfinger's dividend growth over the last five years (2018-2023) was 10.38% year
• Palfinger's dividend growth over the last ten years (2013-2023) was 7.32% year
Palfinger Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-15 | €1.05 | annually | |
2023-04-03 | €0.77 | annually | 2023-04-06 |
2022-03-28 | €0.77 | annually | 2022-03-30 |
2021-04-09 | €0.45 | annually | 2021-04-13 |
2020-08-07 | €0.35 | annually | 2020-08-11 |
2020-03-20 | €0.71 | annually | |
2019-03-22 | €0.51 | annually | 2019-03-26 |
2018-03-09 | €0.47 | annually | 2018-03-13 |
2017-03-10 | €0.57 | annually | 2017-03-14 |
2016-03-11 | €0.39 | annually | |
2015-12-17 | €0.18 | annually | |
2015-03-13 | €0.34 | annually | |
2014-03-14 | €0.41 | annually | |
2013-03-08 | €0.38 | annually |
Palfinger Dividend per year
Palfinger Dividend growth
Palfinger Dividend Yield
Palfinger current trailing twelve-month (TTM) dividend yield is 5.32%. Interested in purchasing Palfinger stock? Use our calculator to estimate your expected dividend yield:
Palfinger Financial Ratios
Palfinger Dividend FAQ
Other factors to consider when evaluating Palfinger 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: Palfinger'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, Palfinger 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, Palfinger 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 Palfinger 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: Palfinger 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, Palfinger distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Palfinger 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 Palfinger'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 Palfinger'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.