Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tackle products in North America, Nordic countries, rest of Europe, and internationally. It operates through two segments, Group Products and Third Party Products. The company offers products used in lures for hard baits, and also for fishing accessories, clothing, luggage, and eyewear; metal lures specifically designed for salmon and trout fishing, and trolling in fresh and salt water; braided and monofilament lines, and specialized leader lines; hooks used for sport fishing and commercial hooks, and terminal tackles; hard baits, hybrids and rigged, and unrigged soft baits; specialized trolling lures and metal jigs for saltwater big game fishing; baits for carp, match, and coarse fishing; and knives for filleting, outdoor, hunting, and kitchen use, as well as ice augers and auger blades, and cross country skis. Its brand portfolio includes Rapala and other international brands, such as VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson, Dynamite Baits, Mora Ice, Trigger, Marttiini, and Peltonen. Rapala VMC Corporation was founded in 1936 and is based in Helsinki, Finland.
Rapala VMC Dividend Announcement
• Rapala VMC announced a annually dividend of €0.04 per ordinary share which will be made payable on 2023-07-07. Ex dividend date: 2023-03-30
• Rapala VMC annual dividend for 2023 was €0.04
• Rapala VMC's trailing twelve-month (TTM) dividend yield is -%
• Rapala VMC's payout ratio for the trailing twelve months (TTM) is -57.83%
Rapala VMC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-03-30 | €0.04 | annually | 2023-07-07 |
2022-03-24 | €0.15 | annually | 2022-04-01 |
2019-10-31 | €0.03 | annually | 2019-11-08 |
2019-03-29 | €0.03 | annually | 2019-04-11 |
2018-10-31 | €0.02 | annually | 2018-11-08 |
2018-04-03 | €0.02 | annually | 2018-04-11 |
2017-10-27 | €0.05 | annually | 2017-11-06 |
2017-03-31 | €0.05 | annually | 2017-04-10 |
2016-04-04 | €0.15 | annually | |
2015-03-30 | €0.20 | annually | |
2014-04-11 | €0.24 | annually | |
2013-04-12 | €0.23 | annually | |
2012-04-12 | €0.23 | annually | |
2011-04-06 | €0.23 | annually | |
2010-04-15 | €0.19 | annually |
Rapala VMC Dividend per year
Rapala VMC Dividend growth
Rapala VMC Dividend Yield
Rapala VMC current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rapala VMC stock? Use our calculator to estimate your expected dividend yield:
Rapala VMC Financial Ratios
Rapala VMC Dividend FAQ
Other factors to consider when evaluating Rapala VMC 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: Rapala VMC'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, Rapala VMC 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, Rapala VMC 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 Rapala VMC 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: Rapala VMC 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, Rapala VMC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rapala VMC 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 Rapala VMC'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 Rapala VMC'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.