PSC Insurance Group Limited provides diversified insurance services in Australia, the United Kingdom, Hong Kong, and New Zealand. The company operates through four segments: Distribution, Agency, United Kingdom, and Group. The company provides commercial and life insurance broking, as well as workers compensation consulting services. It also offers underwriting services in the construction, and plant and equipment industries; hospitality, accommodation, equipment hire, and professional risks industries and classes; and medical and healthcare industries, as well as operates an online travel insurance business under the Travel Insuranz and Insure4Less brands. In addition, it underwrites property and liability insurance; and offers reinsurance. PSC Insurance Group Limited was incorporated in 2010 and is based in East Melbourne, Australia.
PSC Insurance Dividend Announcement
• PSC Insurance announced a semi annually dividend of A$0.06 per ordinary share which will be made payable on 2024-04-10. Ex dividend date: 2024-03-12
• PSC Insurance annual dividend for 2024 was A$0.06
• PSC Insurance annual dividend for 2023 was A$0.14
• PSC Insurance's trailing twelve-month (TTM) dividend yield is 0.92%
• PSC Insurance's payout ratio for the trailing twelve months (TTM) is 88.12%
• PSC Insurance's dividend growth over the last five years (2018-2023) was 13.40% year
PSC Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-12 | A$0.06 | semi annually | 2024-04-10 |
2023-09-12 | A$0.08 | semi annually | 2023-10-11 |
2023-03-07 | A$0.05 | semi annually | 2023-04-06 |
2022-09-13 | A$0.07 | semi annually | 2022-10-12 |
2022-03-08 | A$0.04 | semi annually | 2022-04-06 |
2021-09-14 | A$0.07 | semi annually | 2021-10-13 |
2021-03-09 | A$0.04 | semi annually | 2021-04-07 |
2020-09-22 | A$0.06 | semi annually | 2020-10-14 |
2020-03-10 | A$0.04 | semi annually | 2020-04-08 |
2019-09-17 | A$0.05 | semi annually | 2019-10-16 |
2019-03-12 | A$0.03 | semi annually | 2019-04-10 |
2018-09-11 | A$0.04 | semi annually | 2018-10-17 |
2018-03-13 | A$0.03 | semi annually | 2018-04-11 |
2017-09-14 | A$0.04 | semi annually | 2017-10-18 |
2017-03-16 | A$0.02 | semi annually | 2017-04-13 |
2016-09-15 | A$0.03 | semi annually | 2016-10-18 |
2016-03-15 | A$0.01 | semi annually | 2016-04-15 |
PSC Insurance Dividend per year
PSC Insurance Dividend growth
PSC Insurance Dividend Yield
PSC Insurance current trailing twelve-month (TTM) dividend yield is 0.92%. Interested in purchasing PSC Insurance stock? Use our calculator to estimate your expected dividend yield:
PSC Insurance Financial Ratios
PSC Insurance Dividend FAQ
Other factors to consider when evaluating PSC Insurance 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: PSC Insurance'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, PSC Insurance 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, PSC Insurance 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 PSC Insurance 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: PSC Insurance 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, PSC Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PSC Insurance 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 PSC Insurance'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 PSC Insurance'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.