Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable operator, information, and other industries. The company offers formed wire products to support, protect, terminate, and secure power conductor and communication cables, as well as to control cable dynamics; and hardware products to support and protect transmission conductors, spacers, spacer-dampers, stockbridge dampers, corona suppression devices, and various compression fittings for dead-end applications. It also provides protective closures to protect fixed line communication networks, such as copper cable or fiber optic cable from moisture, environmental hazards, and other contaminants; and hardware assemblies, pole line hardware, resale products, underground connectors, solar hardware systems, guy markers, tree guards, fiber optic cable markers, pedestal markers, and urethane products that are used by energy, renewable energy, communications, cable, and special industries for various applications. The company serves public and private energy utilities and communication companies, cable operators, financial institutions, governmental agencies, contractors and subcontractors, distributors, and value-added resellers in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It markets its products through a direct sales force, as well as through manufacturing representatives. The company was incorporated in 1947 and is headquartered in Mayfield, Ohio.
Preformed Line Products Dividend Announcement
• Preformed Line Products announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-01
• Preformed Line Products annual dividend for 2024 was $0.80
• Preformed Line Products annual dividend for 2023 was $0.80
• Preformed Line Products's trailing twelve-month (TTM) dividend yield is 0.59%
• Preformed Line Products's payout ratio for the trailing twelve months (TTM) is 12.36%
• Preformed Line Products's dividend growth over the last ten years (2013-2023) was 2.92% year
Preformed Line Products Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-01 | $0.20 | quarterly | 2024-10-21 |
| 2024-07-01 | $0.20 | quarterly | 2024-07-19 |
| 2024-04-01 | $0.20 | quarterly | 2024-04-19 |
| 2024-01-04 | $0.20 | quarterly | 2024-01-19 |
| 2023-09-29 | $0.20 | quarterly | 2023-10-20 |
| 2023-06-30 | $0.20 | quarterly | 2023-07-20 |
| 2023-03-31 | $0.20 | quarterly | 2023-04-20 |
| 2023-01-05 | $0.20 | quarterly | 2023-01-25 |
| 2022-09-30 | $0.20 | quarterly | 2022-10-20 |
| 2022-06-30 | $0.20 | quarterly | 2022-07-20 |
| 2022-04-07 | $0.20 | quarterly | 2022-04-20 |
| 2021-12-31 | $0.20 | quarterly | 2022-01-20 |
| 2021-09-30 | $0.20 | quarterly | 2021-10-20 |
| 2021-06-30 | $0.20 | quarterly | 2021-07-20 |
| 2021-03-31 | $0.20 | quarterly | 2021-04-20 |
| 2020-12-31 | $0.20 | quarterly | 2021-01-20 |
| 2020-09-30 | $0.20 | quarterly | 2020-10-20 |
| 2020-06-30 | $0.20 | quarterly | 2020-07-20 |
| 2020-03-31 | $0.20 | quarterly | 2020-04-20 |
| 2019-12-31 | $0.20 | quarterly | 2020-01-21 |
| 2019-09-30 | $0.20 | quarterly | 2019-10-18 |
| 2019-06-28 | $0.20 | quarterly | 2019-07-19 |
| 2019-04-01 | $0.20 | quarterly | 2019-04-18 |
| 2018-12-31 | $0.20 | quarterly | 2019-01-18 |
| 2018-10-01 | $0.20 | quarterly | 2018-10-19 |
| 2018-06-29 | $0.20 | quarterly | 2018-07-20 |
| 2018-03-29 | $0.20 | quarterly | 2018-04-20 |
| 2017-12-29 | $0.20 | quarterly | 2018-01-19 |
| 2017-09-29 | $0.20 | quarterly | 2017-10-20 |
| 2017-06-29 | $0.20 | quarterly | 2017-07-20 |
| 2017-03-30 | $0.20 | quarterly | 2017-04-20 |
| 2016-12-29 | $0.20 | quarterly | 2017-01-20 |
| 2016-09-29 | $0.20 | quarterly | 2016-10-20 |
| 2016-06-29 | $0.20 | quarterly | 2016-07-20 |
| 2016-03-30 | $0.20 | quarterly | 2016-04-20 |
| 2015-12-30 | $0.20 | quarterly | 2016-01-20 |
| 2015-09-29 | $0.20 | quarterly | 2015-10-20 |
| 2015-06-29 | $0.20 | quarterly | 2015-07-20 |
| 2015-03-30 | $0.20 | quarterly | 2015-04-20 |
| 2014-12-30 | $0.20 | quarterly | 2015-01-20 |
| 2014-09-29 | $0.20 | quarterly | 2014-10-17 |
| 2014-06-27 | $0.20 | quarterly | 2014-07-18 |
| 2014-03-28 | $0.20 | quarterly | 2014-04-18 |
| 2013-12-30 | $0.20 | quarterly | 2014-01-17 |
| 2013-09-27 | $0.20 | quarterly | 2013-10-18 |
| 2013-06-27 | $0.20 | quarterly | 2013-07-19 |
Preformed Line Products Dividend per year
Preformed Line Products Dividend growth
Preformed Line Products Dividend Yield
Preformed Line Products current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Preformed Line Products stock? Use our calculator to estimate your expected dividend yield:
Preformed Line Products Financial Ratios
P/E ratio20.06
PEG ratio-3.47
P/B ratio1.54
ROE7.88%
Payout ratio12.36%
Current ratio2.81
Quick ratio1.56
Cash Ratio0.42
Preformed Line Products Dividend FAQ
How much is the next Preformed Line Products dividend?
Preformed Line Products's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Preformed Line Products dividend. The next Preformed Line Products dividend will be released in January, March, June, or September.
When is Preformed Line Products dividend paid?
Preformed Line Products pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, March, June, and September. 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 Preformed Line Products pay?
The specific amount of Preformed Line Products 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 Preformed Line Products's dividend history.
Does Preformed Line Products stock pay dividends?
Yes, Preformed Line Products 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 Preformed Line Products's dividend history.
How much dividend does Preformed Line Products pay?
Preformed Line Products paid $0.8 in 2024, $0.8 in 2023, $0.6 in 2022, $0.8 in 2021, and $0.8 in 2020.
How often does Preformed Line Products pay dividends?
Preformed Line Products 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 January, March, June, and September.
What is Preformed Line Products's dividend yield?
The current dividend yield for Preformed Line Products is 0.59%. 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 Preformed Line Products's exact dividend yield.
When does Preformed Line Products go ex dividend?
Preformed Line Products's ex-dividend date for the latest dividend was on 2024-10-01. Preformed Line Products 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 Preformed Line Products dividend paid?
Preformed Line Products pays dividends on a quarterly basis, typically around January, March, June, or September, but the exact dates can vary each year.
Will Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products dividend per share?
Preformed Line Products paid $0.8 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products a dividend stock?
Yes, Preformed Line Products is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Preformed Line Products a good dividend stock?
Whether Preformed Line Products is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Preformed Line Products has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products pay dividends monthly?
Preformed Line Products typically pays dividends on a quarterly basis.
Does Preformed Line Products pay dividends quarterly?
Preformed Line Products currently pays dividends on a quarterly basis.
Has Preformed Line Products ever paid a dividend?
Yes, Preformed Line Products has a history of paying dividends to its shareholders. Preformed Line Products is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Preformed Line Products dividend stocks?
To buy Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products pay dividends 2024?
Preformed Line Products pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-21. 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 Preformed Line Products increase its dividend in 2024?
Decisions regarding Preformed Line Products 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 Preformed Line Products dividend overview you can look into the above table of dividend history.
How Preformed Line Products dividend works?
The Preformed Line Products 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 Preformed Line Products's dividend process works:
1. Determination of Dividend: Preformed Line Products'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, Preformed Line Products 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, Preformed Line Products 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 Preformed Line Products 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: Preformed Line Products'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, Preformed Line Products 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, Preformed Line Products 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 Preformed Line Products 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 Preformed Line Products dividends paid?
Preformed Line Products dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Preformed Line Products 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, Preformed Line Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Preformed Line Products 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: Preformed Line Products 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, Preformed Line Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Preformed Line Products 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 Preformed Line Products pay dividends?
Preformed Line Products 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 Preformed Line Products pay dividends?
The general pattern is that Preformed Line Products pays dividends around January, March, June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Preformed Line Products dividend safe?
The safety of Preformed Line Products'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 Preformed Line Products'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 Preformed Line Products'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 Preformed Line Products'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 Preformed Line Products'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.