Reckon Limited provides software solutions in Australia, the United States, and internationally. The company operates through three divisions: Business Group; Practice Management Group, Accountants; and Practice Management Group, Legal. It offers Reckon One, an online accounting software for small businesses; Single Touch Payroll software for managing pay runs, allowances, leave, and superannuation; Reckon Accounts Hosted, an online accounting software to manage finances, payroll, and inventory for large businesses; Reckon Cloud POS, a cloud-based point of sale software; and Better Clinics, an online practice management software for allied health professionals. The company also provides Reckon Loans, which offers business loans; Reckon Accounts Desktop, a desktop accounting software for businesses; Desktop Point of Sale software; personal finance software; Reckon APS, an accounting practice management software; and Reckon Elite, a small and medium firms practice management software. In addition, it delivers digitalization, practice management, and cost recovery and analytics solutions under the nQ Zebraworks brand primarily to the law firms, and government and corporate legal departments. The company was incorporated in 1987 and is based in North Sydney, Australia.
Reckon Dividend Announcement
• Reckon announced a annually dividend of A$0.03 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-15
• Reckon annual dividend for 2024 was A$0.03
• Reckon annual dividend for 2023 was A$0.03
• Reckon's trailing twelve-month (TTM) dividend yield is 4.55%
• Reckon's payout ratio for the trailing twelve months (TTM) is 58.40%
• Reckon's dividend growth over the last five years (2018-2023) was -3.58% year
• Reckon's dividend growth over the last ten years (2013-2023) was -11.22% year
Reckon Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-15 | A$0.03 | annually | 2024-09-02 |
| 2023-08-31 | A$0.03 | annually | 2023-09-29 |
| 2022-11-08 | A$0.57 | annually | 2022-11-21 |
| 2022-08-25 | A$0.03 | annually | 2022-09-23 |
| 2022-02-22 | A$0.02 | annually | 2022-03-25 |
| 2021-08-24 | A$0.03 | annually | 2021-09-22 |
| 2021-02-23 | A$0.02 | annually | 2021-03-26 |
| 2020-08-25 | A$0.03 | annually | 2020-09-23 |
| 2020-02-25 | A$0.02 | annually | 2020-03-20 |
| 2019-08-27 | A$0.03 | annually | 2019-09-18 |
| 2018-08-14 | A$0.03 | annually | 2018-09-04 |
| 2017-02-21 | A$0.03 | annually | 2017-03-10 |
| 2016-08-16 | A$0.02 | annually | 2016-09-02 |
| 2016-03-16 | A$0.03 | annually | 2016-04-06 |
| 2015-08-24 | A$0.04 | annually | 2015-09-09 |
| 2015-02-18 | A$0.04 | annually | 2015-03-05 |
| 2014-08-25 | A$0.04 | annually | 2014-09-10 |
| 2014-02-17 | A$0.04 | annually | 2014-03-06 |
| 2013-08-22 | A$0.04 | annually | 2013-09-11 |
| 2013-02-11 | A$0.04 | annually | 2013-03-01 |
Reckon Dividend per year
Reckon Dividend growth
Reckon Dividend Yield
Reckon current trailing twelve-month (TTM) dividend yield is 4.55%. Interested in purchasing Reckon stock? Use our calculator to estimate your expected dividend yield:
Reckon Financial Ratios
P/E ratio12.74
PEG ratio0.13
P/B ratio2.66
ROE22.67%
Payout ratio58.40%
Current ratio0.37
Quick ratio0.35
Cash Ratio0.07
Reckon Dividend FAQ
How much is the next Reckon dividend?
Reckon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Reckon dividend. The next Reckon dividend will be released in August.
When is Reckon dividend paid?
Reckon pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Reckon pay?
The specific amount of Reckon dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Reckon's dividend history.
Does Reckon stock pay dividends?
Yes, Reckon does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Reckon's dividend history.
How much dividend does Reckon pay?
Reckon paid A$0.025 in 2024, A$0.025 in 2023, A$0.62 in 2022, A$0.05 in 2021, and A$0.05 in 2020.
How often does Reckon pay dividends?
Reckon typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Reckon's dividend yield?
The current dividend yield for Reckon is 4.55%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Reckon's exact dividend yield.
When does Reckon go ex dividend?
Reckon's ex-dividend date for the latest dividend was on 2024-08-15. Reckon typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Reckon dividend paid?
Reckon pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Reckon increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Reckon will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Reckon dividend per share?
Reckon paid A$0.025 per share in 2024 and A$0.025 per share in 2023. The amount of dividend per share that Reckon pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Reckon a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Reckon a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Reckon a dividend stock?
Yes, Reckon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Reckon a good dividend stock?
Whether Reckon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Reckon has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Reckon 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.
Other factors to consider when evaluating Reckon 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.
Does Reckon pay dividends monthly?
Reckon typically pays dividends on a annually basis.
Does Reckon pay dividends quarterly?
Reckon currently pays dividends on a annually basis.
Has Reckon ever paid a dividend?
Yes, Reckon has a history of paying dividends to its shareholders. Reckon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Reckon dividend stocks?
To buy Reckon you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Reckon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Reckon stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Reckon pay dividends 2024?
Reckon pays dividends on a annually basis. 2024 dividend payments are in 2024-09-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Reckon increase its dividend in 2024?
Decisions regarding Reckon dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Reckon dividend overview you can look into the above table of dividend history.
How Reckon dividend works?
The Reckon dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Reckon's dividend process works:
1. Determination of Dividend: Reckon'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, Reckon 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, Reckon 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 Reckon 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. Determination of Dividend: Reckon'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, Reckon 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, Reckon 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 Reckon 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.
How are Reckon dividends paid?
Reckon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Reckon 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, Reckon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reckon 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.
1. Record Date: Reckon 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, Reckon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reckon 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.
How many times does Reckon pay dividends?
Reckon typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Reckon pay dividends?
The general pattern is that Reckon pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Reckon dividend safe?
The safety of Reckon's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Reckon'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 Reckon'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.
To assess the safety of Reckon'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 Reckon'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.