Quiñenco S.A., a business conglomerate, operates in the industrial and financial services sectors in Chile and internationally. The company provides banking and financial products to individuals and large corporations through traditional channels, web platforms, and mobile applications. It also produces and sells alcoholic and non-alcoholic beverages, including beer, spirits, wine, pisco, nectar, cider, malt, soft drinks, mineral and bottled water, and other beverages; and manufactures and sells cables. In addition, the company retails and distributes fuels, lubricants, asphalts, and chemical products to transport, mining, and power generation sectors; and operates a network of 445 service stations under the Shell license and 185 convenience stores. Further, it offers containerized freight transport services; and tug boats, towage, port terminals, and logistics services. The company was formerly known as Forestal Quiñenco S.A. and changed its name to Quiñenco S.A. in October 1996. Quiñenco S.A. was founded in 1957 and is based in Santiago, Chile.
Quiñenco Dividend Announcement
• Quiñenco announced a annually dividend of CLP$151.91 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-06
• Quiñenco annual dividend for 2024 was CLP$151.91
• Quiñenco annual dividend for 2023 was CLP$637.85
• Quiñenco's trailing twelve-month (TTM) dividend yield is 4.96%
• Quiñenco's payout ratio for the trailing twelve months (TTM) is 185.83%
• Quiñenco's dividend growth over the last five years (2018-2023) was 81.15% year
• Quiñenco's dividend growth over the last ten years (2013-2023) was 41.22% year
Quiñenco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-06 | CLP$151.91 | annually | 2024-05-10 |
2023-05-22 | CLP$637.85 | annually | 2023-05-26 |
2022-06-20 | CLP$298.03 | annually | 2022-06-24 |
2022-04-27 | CLP$170.31 | annually | 2022-05-02 |
2021-10-27 | CLP$171.26 | annually | 2021-11-02 |
2021-05-06 | CLP$29.74 | annually | 2021-05-11 |
2020-05-11 | CLP$37.90 | annually | 2020-05-15 |
2019-05-06 | CLP$10.85 | annually | 2019-05-09 |
2018-05-02 | CLP$32.70 | annually | 2018-05-09 |
2017-05-08 | CLP$31.92 | annually | 2017-05-12 |
2016-05-06 | CLP$5.81 | annually | |
2015-05-07 | CLP$10.29 | annually | |
2014-05-07 | CLP$22.52 | annually | |
2013-05-08 | CLP$20.21 | annually |
Quiñenco Dividend per year
Quiñenco Dividend growth
Quiñenco Dividend Yield
Quiñenco current trailing twelve-month (TTM) dividend yield is 4.96%. Interested in purchasing Quiñenco stock? Use our calculator to estimate your expected dividend yield:
Quiñenco Financial Ratios
Quiñenco Dividend FAQ
Other factors to consider when evaluating Quiñenco 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: Quiñenco'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, Quiñenco 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, Quiñenco 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 Quiñenco 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: Quiñenco 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, Quiñenco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Quiñenco 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 Quiñenco'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 Quiñenco'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.