Probiotec Limited engages in the development, manufacture, packing, and sale of pharmaceuticals, consumer health, and fast-moving consumer products in Australia and internationally. The company provides contract manufacturing services for solid dose tablets, capsules, and caplets; tablets coating; blister packing; liquids, creams, gels, ointments, and suspensions; powders and powder blending; and sprays, as well as manufactures and packages finished doses. It also offers analytical and stability testing services; new product formulation and production trials, and ongoing research and development services; and packaging options for human and animal nutrition products, as well as manufactures and exports a range of nutraceuticals and functional ingredient raw materials. The company was incorporated in 1996 and is headquartered in Laverton North, Australia.
Probiotec Dividend Announcement
• Probiotec announced a semi annually dividend of A$0.04 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-04
• Probiotec annual dividend for 2024 was A$0.07
• Probiotec annual dividend for 2023 was A$0.07
• Probiotec's trailing twelve-month (TTM) dividend yield is 2.43%
• Probiotec's payout ratio for the trailing twelve months (TTM) is 60.86%
• Probiotec's dividend growth over the last five years (2018-2023) was -3.46% year
Probiotec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-04 | A$0.04 | semi annually | 2024-06-18 |
2024-03-04 | A$0.04 | semi annually | 2024-03-15 |
2023-08-31 | A$0.04 | semi annually | 2023-09-08 |
2023-03-02 | A$0.03 | semi annually | 2023-03-17 |
2022-09-07 | A$0.04 | semi annually | 2022-09-15 |
2022-03-03 | A$0.02 | semi annually | 2022-03-18 |
2021-09-30 | A$0.03 | semi annually | 2021-10-08 |
2021-03-03 | A$0.02 | semi annually | 2021-03-19 |
2020-10-22 | A$0.03 | semi annually | 2020-10-30 |
2020-03-03 | A$0.01 | semi annually | 2020-03-19 |
2019-10-24 | A$0.03 | semi annually | 2019-10-31 |
2019-03-01 | A$0.01 | semi annually | 2019-03-19 |
2018-11-07 | A$0.05 | semi annually | 2018-11-15 |
2018-09-04 | A$0.02 | semi annually | 2018-10-04 |
2018-03-20 | A$0.01 | semi annually | 2018-04-20 |
2017-09-04 | A$0.01 | semi annually | 2017-10-04 |
2017-03-21 | A$0.01 | semi annually | 2017-04-21 |
2016-09-02 | A$0.01 | semi annually | 2016-10-04 |
2010-08-30 | A$0.02 | semi annually | 2010-10-01 |
2010-02-26 | A$0.01 | semi annually | 2010-03-18 |
2009-08-28 | A$0.02 | semi annually | 2009-10-01 |
2009-02-26 | A$0.01 | semi annually | 2009-03-27 |
2008-08-28 | A$0.01 | semi annually | 2008-11-20 |
2008-02-28 | A$0.01 | semi annually | 2008-03-19 |
Probiotec Dividend per year
Probiotec Dividend growth
Probiotec Dividend Yield
Probiotec current trailing twelve-month (TTM) dividend yield is 2.43%. Interested in purchasing Probiotec stock? Use our calculator to estimate your expected dividend yield:
Probiotec Financial Ratios
Probiotec Dividend FAQ
Other factors to consider when evaluating Probiotec 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: Probiotec'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, Probiotec 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, Probiotec 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 Probiotec 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: Probiotec 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, Probiotec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Probiotec 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 Probiotec'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 Probiotec'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.