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Reece Limited engages in the distribution of plumbing, bathroom, heating, ventilation, air-conditioning, waterworks, and refrigeration products in Australia, the United States, and New Zealand. The company also distributes irrigation and pools, fire, and kitchen products. It serves customers in the trade, retail, commercial, and infrastructure markets. It sells its products under the Reece, Viadux, Actrol, and Metaflex brands. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1919 and is based in Cremorne, Australia.

Reece Dividend Announcement

Reece announced a semi annually dividend of A$0.18 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-08
Reece annual dividend for 2024 was A$0.26
Reece annual dividend for 2023 was A$0.25
Reece's trailing twelve-month (TTM) dividend yield is 1.08%
Reece's payout ratio for the trailing twelve months (TTM) is 38.53%
Reece's dividend growth over the last five years (2018-2023) was 4.44% year
Reece's dividend growth over the last ten years (2013-2023) was -8.62% year

Reece Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-08A$0.18semi annually2024-10-23
2024-03-27A$0.08semi annually2024-04-10
2023-10-10A$0.17semi annually2023-10-25
2023-03-21A$0.08semi annually2023-04-05
2022-10-11A$0.15semi annually2022-10-26
2022-03-28A$0.07semi annually2022-04-12
2021-10-12A$0.12semi annually2021-10-27
2021-03-29A$0.06semi annually2021-04-15
2020-10-06A$0.06semi annually2020-10-28
2020-03-17A$0.06semi annually2020-03-26
2019-10-08A$0.14semi annually2019-10-30
2019-03-19A$0.06semi annually2019-03-28
2018-10-09A$0.14semi annually2018-10-25
2018-03-19A$0.06semi annually2018-03-29
2017-10-10A$0.71semi annually2017-10-26
2017-03-15A$0.29semi annually2017-03-30
2016-10-09A$0.65semi annually2016-10-27
2016-03-14A$0.27semi annually2016-03-24
2015-10-05A$0.52semi annually2015-10-28
2015-03-12A$0.24semi annually2015-03-26
2014-10-03A$0.42semi annually2014-10-30
2014-03-06A$0.22semi annually2014-03-21
2013-10-01A$0.41semi annually2013-10-24
2013-03-07A$0.21semi annually2013-03-22

Reece Dividend per year

Reece Dividend growth

Reece Dividend Yield

Reece current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Reece stock? Use our calculator to estimate your expected dividend yield:

Reece Financial Ratios

P/E ratio36.54
PEG ratio0.37
P/B ratio3.94
ROE11.09%
Payout ratio38.53%
Current ratio2.17
Quick ratio1.16
Cash Ratio0.23

Reece Dividend FAQ

How much is the next Reece dividend?
Reece's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Reece dividend. The next Reece dividend will be released in March, or October.
When is Reece dividend paid?
Reece pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and October. 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 Reece pay?
The specific amount of Reece 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 Reece's dividend history.
Does Reece stock pay dividends?
Yes, Reece 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 Reece's dividend history.
How much dividend does Reece pay?
Reece paid A$0.258 in 2024, A$0.25 in 2023, A$0.225 in 2022, A$0.18 in 2021, and A$0.12 in 2020.
How often does Reece pay dividends?
Reece typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and October.
What is Reece's dividend yield?
The current dividend yield for Reece is 1.08%. 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 Reece's exact dividend yield.
When does Reece go ex dividend?
Reece's ex-dividend date for the latest dividend was on 2024-10-08. Reece 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 Reece dividend paid?
Reece pays dividends on a semi annually basis, typically around March, or October, but the exact dates can vary each year.
Will Reece 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 Reece 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 Reece dividend per share?
Reece paid A$0.258 per share in 2024 and A$0.25 per share in 2023. The amount of dividend per share that Reece 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 Reece 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 Reece 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 Reece a dividend stock?
Yes, Reece is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Reece a good dividend stock?
Whether Reece is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Reece has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Reece 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 Reece pay dividends monthly?
Reece typically pays dividends on a semi annually basis.
Does Reece pay dividends quarterly?
Reece currently pays dividends on a semi annually basis.
Has Reece ever paid a dividend?
Yes, Reece has a history of paying dividends to its shareholders. Reece is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Reece dividend stocks?
To buy Reece 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 Reece 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 Reece pay dividends 2024?
Reece pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-23. 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 Reece increase its dividend in 2024?
Decisions regarding Reece 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 Reece dividend overview you can look into the above table of dividend history.
How Reece dividend works?
The Reece 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 Reece's dividend process works:

1. Determination of Dividend: Reece'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, Reece 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, Reece 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 Reece 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 Reece dividends paid?
Reece dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Reece 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, Reece distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Reece 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 Reece pay dividends?
Reece typically pays dividends on a semi 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 Reece pay dividends?
The general pattern is that Reece pays dividends around March, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Reece dividend safe?
The safety of Reece'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 Reece'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 Reece'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.