RCL Foods Limited, through its subsidiaries, engages in the food business in South Africa and other African countries. The company operates through Food and Logistics divisions. It provides grocery products, pies, beverages, flour, milling products and specialty baking products, bakeries products, buns and rolls, chicken products, sugar, pet food products, and molasses-based feed products, as well as mayonnaise, peanut butter, rusks, etc. The company sells its products primarily under the Ouma, Nola, Yum Yum, Nutso, Bobtail, Catmor, Dogmor, Ultra dog, Canine Cuisine, Optimizer, Feline Cusine, Mageu Number 1, Monati, Mnandi, Piemans, Supreme, Tafelberg, Safari, A1, 5 Star, Sunbake, Epol, Driehoek and Equus, and Selati brand names. RCL Foods Limited also provides sales, supply chain intelligence, warehousing, and distribution solutions. The company was formerly known as Rainbow Chicken Limited and changed its name to RCL Foods Limited in August 2013. The company was founded in 1960 and is headquartered in Durban, South Africa. RCL Foods Limited is a subsidiary of Remgro Limited.
RCL Foods Dividend Announcement
• RCL Foods announced a semi annually dividend of R35.00 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-16
• RCL Foods annual dividend for 2024 was R35.00
• RCL Foods's trailing twelve-month (TTM) dividend yield is 0.04%
• RCL Foods's payout ratio for the trailing twelve months (TTM) is 0.14%
RCL Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | R35.00 | semi annually | 2024-10-21 |
2022-10-19 | R30.00 | semi annually | 2022-10-24 |
2022-04-20 | R15.00 | semi annually | 2022-04-25 |
2021-10-27 | R30.00 | semi annually | 2021-11-02 |
2021-04-21 | R15.00 | semi annually | 2021-04-26 |
2020-10-28 | R10.00 | semi annually | 2020-11-02 |
2020-04-22 | R15.00 | semi annually | 2020-04-28 |
2019-10-30 | R10.00 | semi annually | 2019-11-04 |
2019-04-24 | R15.00 | semi annually | 2019-04-29 |
2018-10-17 | R25.00 | semi annually | 2018-10-22 |
2018-04-18 | R15.00 | semi annually | 2018-04-23 |
2017-10-18 | R20.00 | semi annually | 2017-10-23 |
2017-04-19 | R10.00 | semi annually | 2017-04-24 |
2016-10-19 | R15.00 | semi annually | |
2016-04-18 | R15.00 | semi annually | |
2015-10-19 | R22.00 | semi annually | |
2015-04-13 | R15.00 | semi annually | |
2014-10-13 | R20.00 | semi annually | |
2012-10-15 | R30.38 | semi annually | |
2012-04-16 | R26.59 | semi annually | |
2011-09-19 | R53.17 | semi annually | |
2011-01-10 | R26.59 | semi annually |
RCL Foods Dividend per year
RCL Foods Dividend growth
RCL Foods Dividend Yield
RCL Foods current trailing twelve-month (TTM) dividend yield is 0.04%. Interested in purchasing RCL Foods stock? Use our calculator to estimate your expected dividend yield:
RCL Foods Financial Ratios
RCL Foods Dividend FAQ
Other factors to consider when evaluating RCL Foods 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: RCL Foods'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, RCL Foods 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, RCL Foods 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 RCL Foods 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: RCL Foods 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, RCL Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: RCL Foods 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 RCL Foods'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 RCL Foods'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.