Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece. The company offers containers, car-terminal, shipping, cruise, Ro-Ro, ship repairing, environmental, and logistics services. It provides mooring, cargo handling, loading, and unloading services, as well as goods storage, and cars transportation services. The company is also involved in the maintenance of port facilities. In addition, it offers port services, including water supply, solid and liquid slot tankers, jack residual oil, electricity, fiber optic and internet, victuals, repairs, space management, merchandise management, and telephone connection to ships. The company was founded in 1930 and is based in Piraeus, Greece. Piraeus Port Authority S.A. is a subsidiary of COSCO SHIPPING (Hong Kong) Limited.
Piraeus Port Authority Dividend Announcement
• Piraeus Port Authority announced a annually dividend of €1.34 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-29
• Piraeus Port Authority annual dividend for 2024 was €1.34
• Piraeus Port Authority annual dividend for 2023 was €1.04
• Piraeus Port Authority's trailing twelve-month (TTM) dividend yield is 4.58%
• Piraeus Port Authority's payout ratio for the trailing twelve months (TTM) is 37.93%
• Piraeus Port Authority's dividend growth over the last five years (2018-2023) was 43.45% year
• Piraeus Port Authority's dividend growth over the last ten years (2013-2023) was 35.46% year
Piraeus Port Authority Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-29 | €1.34 | annually | 2024-08-02 |
2023-08-07 | €1.04 | annually | 2023-08-11 |
2022-07-25 | €0.63 | annually | 2022-07-29 |
2021-07-26 | €0.40 | annually | 2021-07-30 |
2020-07-27 | €0.54 | annually | 2020-07-31 |
2019-07-22 | €0.42 | annually | 2019-07-26 |
2018-07-19 | €0.17 | annually | 2018-07-26 |
2017-07-19 | €0.09 | annually | 2017-07-26 |
2016-07-18 | €0.11 | annually | |
2015-06-25 | €0.10 | annually | |
2014-07-17 | €0.12 | annually | |
2013-07-18 | €0.05 | annually |
Piraeus Port Authority Dividend per year
Piraeus Port Authority Dividend growth
Piraeus Port Authority Dividend Yield
Piraeus Port Authority current trailing twelve-month (TTM) dividend yield is 4.58%. Interested in purchasing Piraeus Port Authority stock? Use our calculator to estimate your expected dividend yield:
Piraeus Port Authority Financial Ratios
Piraeus Port Authority Dividend FAQ
Other factors to consider when evaluating Piraeus Port Authority 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: Piraeus Port Authority'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, Piraeus Port Authority 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, Piraeus Port Authority 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 Piraeus Port Authority 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: Piraeus Port Authority 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, Piraeus Port Authority distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Piraeus Port Authority 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 Piraeus Port Authority'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 Piraeus Port Authority'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.