Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through four segments: UK Heritage, UK Open, Europe, and Management Services. It provides a range of pensions and savings products to support people across various stages of the savings life cycle. The company manages Heritage in-force life and pensions policies; and offers and manages long term savings and pensions products. Its products include with-profits and unit-linked funds, and annuities; and workplace pensions, and individual savings and retirement solutions. The company serves individuals, corporates, and employers. It has a strategic partnership with abrdn plc, TCS, and HSBC. Phoenix Group Holdings plc was founded in 1782 and is based in London, the United Kingdom.
Phoenix Dividend Announcement
• Phoenix announced a semi annually dividend of £26.65 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-03
• Phoenix annual dividend for 2024 was £53.30
• Phoenix annual dividend for 2023 was £52.00
• Phoenix's trailing twelve-month (TTM) dividend yield is 10.29%
• Phoenix's payout ratio for the trailing twelve months (TTM) is -106.51%
• Phoenix's dividend growth over the last five years (2018-2023) was 2.86% year
• Phoenix's dividend growth over the last ten years (2013-2023) was 2.45% year
Phoenix Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | £26.65 | semi annually | 2024-10-31 |
2024-04-11 | £26.65 | semi annually | 2024-05-22 |
2023-09-28 | £26.00 | semi annually | 2023-10-23 |
2023-03-30 | £26.00 | semi annually | 2023-05-10 |
2022-08-25 | £24.80 | semi annually | 2022-09-12 |
2022-03-31 | £24.80 | semi annually | 2022-05-09 |
2021-08-19 | £24.10 | semi annually | 2021-09-03 |
2021-04-01 | £24.10 | semi annually | 2021-05-18 |
2020-08-13 | £23.40 | semi annually | 2020-09-04 |
2020-04-02 | £23.40 | semi annually | 2020-05-19 |
2019-08-15 | £23.40 | semi annually | 2019-09-30 |
2019-03-21 | £23.40 | semi annually | 2019-05-07 |
2018-09-06 | £22.60 | semi annually | 2018-10-01 |
2018-03-22 | £22.57 | semi annually | 2018-05-04 |
2017-09-07 | £22.57 | semi annually | 2017-10-02 |
2017-03-30 | £21.49 | semi annually | 2017-05-15 |
2016-09-08 | £20.42 | semi annually | 2016-10-03 |
2016-04-07 | £20.42 | semi annually | 2016-05-13 |
2015-08-27 | £20.42 | semi annually | 2015-10-01 |
2015-03-26 | £20.42 | semi annually | 2015-04-27 |
2014-09-03 | £20.42 | semi annually | 2014-10-02 |
2014-04-02 | £20.42 | semi annually | 2014-05-02 |
2013-09-04 | £20.42 | semi annually | 2013-10-03 |
2013-04-03 | £20.42 | semi annually | 2013-05-03 |
Phoenix Dividend per year
Phoenix Dividend growth
Phoenix Dividend Yield
Phoenix current trailing twelve-month (TTM) dividend yield is 10.29%. Interested in purchasing Phoenix stock? Use our calculator to estimate your expected dividend yield:
Phoenix Financial Ratios
Phoenix Dividend FAQ
Other factors to consider when evaluating Phoenix 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: Phoenix'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, Phoenix 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, Phoenix 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 Phoenix 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: Phoenix 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, Phoenix distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Phoenix 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 Phoenix'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 Phoenix'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.