Ricegrowers Limited operates as a rice food company in Australia and internationally. The company operates through Rice Pool, International Rice, Rice Food, Riviana Foods, and CopRice segments. It engages in the receipt and storage of paddy rice; and milling, manufacturing, processing, procurement, distribution, and marketing of rice and related products, as well as other grocery products, gourmet, entertainment food products, and research and development into the growing of rice. The company offers everyday, microwave, and healthy rice; rice snacks; baby rice cereal; bulk bag rice; and rice for restaurants. Further, it provides animal feed and nutrition products. The company offers its products under the Sunwhite, Solrice, Trukai, CopRice, Hinode, Always Fresh, Admiral, Captain, Riviana, Mahatma, Menu Master, Garden Supreme, and Ocean Supreme brands. Ricegrowers Limited was founded in 1950 and is based in Sydney, Australia.
Ricegrowers Dividend Announcement
• Ricegrowers announced a semi annually dividend of A$0.05 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-07-02
• Ricegrowers annual dividend for 2024 was A$0.05
• Ricegrowers annual dividend for 2023 was A$0.55
• Ricegrowers's trailing twelve-month (TTM) dividend yield is 1.96%
• Ricegrowers's payout ratio for the trailing twelve months (TTM) is 45.23%
Ricegrowers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | A$0.05 | semi annually | 2024-07-25 |
2023-12-19 | A$0.15 | semi annually | 2024-01-25 |
2023-06-27 | A$0.40 | semi annually | 2023-07-28 |
2022-12-20 | A$0.10 | semi annually | 2023-01-27 |
2022-06-28 | A$0.05 | semi annually | 2022-07-29 |
2021-12-21 | A$0.10 | semi annually | 2022-01-28 |
2021-07-06 | A$0.33 | semi annually | 2021-07-30 |
2020-07-07 | A$0.33 | semi annually | 2020-07-30 |
2019-07-02 | A$0.33 | semi annually | 2019-07-30 |
Ricegrowers Dividend per year
Ricegrowers Dividend growth
Ricegrowers Dividend Yield
Ricegrowers current trailing twelve-month (TTM) dividend yield is 1.96%. Interested in purchasing Ricegrowers stock? Use our calculator to estimate your expected dividend yield:
Ricegrowers Financial Ratios
Ricegrowers Dividend FAQ
Other factors to consider when evaluating Ricegrowers 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: Ricegrowers'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, Ricegrowers 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, Ricegrowers 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 Ricegrowers 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: Ricegrowers 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, Ricegrowers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ricegrowers 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 Ricegrowers'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 Ricegrowers'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.