Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, such as valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products. It also engineers and manufactures precision cold-formed and cold-extruded fasteners and other products, including locknuts, SPAC nuts, SPAC bolts, and wheel hardware. The Assembly Components segment manufactures aluminum products, direct fuel injection fuel rails and pipes, fuel filler pipes, and flexible multi-layer plastic and rubber assemblies; turbo charging and coolant hoses; and fluid handling systems. It also offers machining services, as well as value-added services, such as design engineering, machining, and part assembly. The Engineered Products segment designs and manufactures engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined products primarily for ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, and construction equipment industries; engineers and installs mechanical forging presses; sells spare parts; provides field services; and offers aerospace and defense structural components, and rail products, such as railcar center plates and draft lugs. Park-Ohio Holdings Corp. was founded in 1907 and is headquartered in Cleveland, Ohio.
Park-Ohio Dividend Announcement
• Park-Ohio announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
• Park-Ohio annual dividend for 2024 was $0.50
• Park-Ohio annual dividend for 2023 was $0.50
• Park-Ohio's trailing twelve-month (TTM) dividend yield is 1.51%
• Park-Ohio's payout ratio for the trailing twelve months (TTM) is 47.02%
Park-Ohio Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-15 | $0.12 | quarterly | 2024-11-29 |
| 2024-08-02 | $0.12 | quarterly | 2024-08-16 |
| 2024-05-02 | $0.12 | quarterly | 2024-05-17 |
| 2024-02-08 | $0.12 | quarterly | 2024-02-23 |
| 2023-11-16 | $0.12 | quarterly | 2023-12-01 |
| 2023-08-03 | $0.12 | quarterly | 2023-08-18 |
| 2023-05-04 | $0.12 | quarterly | 2023-05-19 |
| 2023-02-09 | $0.12 | quarterly | 2023-02-24 |
| 2022-11-17 | $0.12 | quarterly | 2022-12-02 |
| 2022-08-04 | $0.12 | quarterly | 2022-08-19 |
| 2022-05-05 | $0.12 | quarterly | 2022-05-20 |
| 2022-02-10 | $0.12 | quarterly | 2022-02-25 |
| 2021-11-18 | $0.12 | quarterly | 2021-12-03 |
| 2021-08-05 | $0.12 | quarterly | 2021-08-20 |
| 2021-05-06 | $0.12 | quarterly | 2021-05-21 |
| 2021-02-11 | $0.12 | quarterly | 2021-02-26 |
| 2020-11-13 | $0.12 | quarterly | 2020-11-30 |
| 2020-02-13 | $0.12 | quarterly | 2020-02-28 |
| 2019-11-12 | $0.12 | quarterly | 2019-11-27 |
| 2019-08-12 | $0.12 | quarterly | 2019-08-27 |
| 2019-05-14 | $0.12 | quarterly | 2019-05-29 |
| 2019-02-14 | $0.12 | quarterly | 2019-03-01 |
| 2018-11-13 | $0.12 | quarterly | 2018-11-28 |
| 2018-08-10 | $0.12 | quarterly | 2018-08-27 |
| 2018-05-14 | $0.12 | quarterly | 2018-05-29 |
| 2018-02-14 | $0.12 | quarterly | 2018-03-01 |
| 2017-11-13 | $0.12 | quarterly | 2017-11-28 |
| 2017-08-09 | $0.12 | quarterly | 2017-08-25 |
| 2017-05-11 | $0.12 | quarterly | 2017-05-30 |
| 2017-02-13 | $0.12 | quarterly | 2017-03-01 |
| 2016-11-09 | $0.12 | quarterly | 2016-11-28 |
| 2016-08-10 | $0.12 | quarterly | 2016-08-26 |
| 2016-05-11 | $0.12 | quarterly | 2016-05-27 |
| 2016-02-10 | $0.12 | quarterly | 2016-02-29 |
| 2015-11-12 | $0.12 | quarterly | 2015-11-30 |
| 2015-08-12 | $0.12 | quarterly | 2015-08-28 |
| 2015-05-13 | $0.12 | quarterly | 2015-05-29 |
| 2015-02-19 | $0.12 | quarterly | 2015-03-06 |
| 2014-11-13 | $0.12 | quarterly | 2014-12-01 |
| 2014-08-13 | $0.12 | quarterly | 2014-09-02 |
| 2014-05-21 | $0.12 | quarterly | 2014-06-09 |
Park-Ohio Dividend per year
Park-Ohio Dividend growth
Park-Ohio Dividend Yield
Park-Ohio current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing Park-Ohio stock? Use our calculator to estimate your expected dividend yield:
Park-Ohio Financial Ratios
P/E ratio24.65
PEG ratio-1.45
P/B ratio1.23
ROE5.61%
Payout ratio47.02%
Current ratio2.45
Quick ratio1.26
Cash Ratio0.16
Park-Ohio Dividend FAQ
How much is the next Park-Ohio dividend?
Park-Ohio's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Park-Ohio dividend. The next Park-Ohio dividend will be released in February, May, August, or November.
When is Park-Ohio dividend paid?
Park-Ohio pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Park-Ohio pay?
The specific amount of Park-Ohio dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Park-Ohio's dividend history.
Does Park-Ohio stock pay dividends?
Yes, Park-Ohio does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Park-Ohio's dividend history.
How much dividend does Park-Ohio pay?
Park-Ohio paid $0.5 in 2024, $0.5 in 2023, $0.5 in 2022, $0.5 in 2021, and $0.25 in 2020.
How often does Park-Ohio pay dividends?
Park-Ohio typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Park-Ohio's dividend yield?
The current dividend yield for Park-Ohio is 1.51%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Park-Ohio's exact dividend yield.
When does Park-Ohio go ex dividend?
Park-Ohio's ex-dividend date for the latest dividend was on 2024-11-15. Park-Ohio typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Park-Ohio dividend paid?
Park-Ohio pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Park-Ohio increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Park-Ohio will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Park-Ohio dividend per share?
Park-Ohio paid $0.5 per share in 2024 and $0.5 per share in 2023. The amount of dividend per share that Park-Ohio pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Park-Ohio a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Park-Ohio a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Park-Ohio a dividend stock?
Yes, Park-Ohio is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Park-Ohio a good dividend stock?
Whether Park-Ohio is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Park-Ohio has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Park-Ohio 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.
Other factors to consider when evaluating Park-Ohio 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.
Does Park-Ohio pay dividends monthly?
Park-Ohio typically pays dividends on a quarterly basis.
Does Park-Ohio pay dividends quarterly?
Park-Ohio currently pays dividends on a quarterly basis.
Has Park-Ohio ever paid a dividend?
Yes, Park-Ohio has a history of paying dividends to its shareholders. Park-Ohio is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Park-Ohio dividend stocks?
To buy Park-Ohio you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Park-Ohio stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Park-Ohio stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Park-Ohio pay dividends 2024?
Park-Ohio pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Park-Ohio increase its dividend in 2024?
Decisions regarding Park-Ohio dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Park-Ohio dividend overview you can look into the above table of dividend history.
How Park-Ohio dividend works?
The Park-Ohio dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Park-Ohio's dividend process works:
1. Determination of Dividend: Park-Ohio'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, Park-Ohio 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, Park-Ohio 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 Park-Ohio 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. Determination of Dividend: Park-Ohio'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, Park-Ohio 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, Park-Ohio 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 Park-Ohio 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.
How are Park-Ohio dividends paid?
Park-Ohio dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Park-Ohio 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, Park-Ohio distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Park-Ohio 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.
1. Record Date: Park-Ohio 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, Park-Ohio distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Park-Ohio 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.
How many times does Park-Ohio pay dividends?
Park-Ohio typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Park-Ohio pay dividends?
The general pattern is that Park-Ohio pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Park-Ohio dividend safe?
The safety of Park-Ohio's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Park-Ohio'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 Park-Ohio'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.
To assess the safety of Park-Ohio'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 Park-Ohio'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.