The Reject Shop Limited engages in the retail of discount variety merchandise in Australia. The company offers grocery and confectionery products; home and garden products, such as cleaning, kitchen and dining, garden, hardware, home storage and organization, bedding, and home décor products; health and wellbeing products comprising toiletries, fashion accessories, and clothing; pet care products; craft and stationery products; gifts, toys, and party products, such as cards and wraps, and partyware; and electrical accessories. As of July 3, 2022, it operated 369 stores. The company was founded in 1981 and is headquartered in Melbourne, Australia.
Reject Shop Dividend Announcement
• Reject Shop announced a annually dividend of A$0.10 per ordinary share which will be made payable on 2024-05-03. Ex dividend date: 2024-04-18
• Reject Shop annual dividend for 2024 was A$0.10
• Reject Shop annual dividend for 2023 was A$0.10
• Reject Shop's trailing twelve-month (TTM) dividend yield is 3.62%
• Reject Shop's payout ratio for the trailing twelve months (TTM) is 210.04%
Reject Shop Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-18 | A$0.10 | annually | 2024-05-03 |
2023-10-19 | A$0.10 | annually | 2023-11-03 |
2019-03-15 | A$0.10 | annually | 2019-04-08 |
2018-09-27 | A$0.11 | annually | 2018-10-15 |
2018-03-16 | A$0.24 | annually | 2018-04-09 |
2017-03-17 | A$0.24 | annually | 2017-04-10 |
2016-09-29 | A$0.19 | annually | 2016-10-17 |
2016-03-17 | A$0.25 | annually | 2016-04-11 |
2015-09-23 | A$0.13 | annually | 2015-10-12 |
2015-03-18 | A$0.16 | annually | 2015-04-13 |
2014-09-24 | A$0.09 | annually | 2014-10-13 |
2014-03-19 | A$0.21 | annually | 2014-04-14 |
2013-09-23 | A$0.13 | annually | 2013-10-14 |
2013-03-20 | A$0.24 | annually | 2013-04-15 |
2012-09-24 | A$0.14 | annually | 2012-10-15 |
2012-03-21 | A$0.24 | annually | 2012-04-16 |
2011-09-20 | A$0.08 | annually | 2011-10-10 |
2011-03-23 | A$0.23 | annually | 2011-04-18 |
2010-09-21 | A$0.28 | annually | 2010-10-11 |
2010-03-24 | A$0.39 | annually | 2010-04-19 |
Reject Shop Dividend per year
Reject Shop Dividend growth
Reject Shop Dividend Yield
Reject Shop current trailing twelve-month (TTM) dividend yield is 3.62%. Interested in purchasing Reject Shop stock? Use our calculator to estimate your expected dividend yield:
Reject Shop Financial Ratios
Reject Shop Dividend FAQ
Other factors to consider when evaluating Reject Shop 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: Reject Shop'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, Reject Shop 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, Reject Shop 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 Reject Shop 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: Reject Shop 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, Reject Shop distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reject Shop 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 Reject Shop'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 Reject Shop'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.