Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. The company's principal product categories include furniture, glass and building decorative and functional hardware, lighting systems, finishing and decorating products, ergonomic workstation components, kitchen and closet storage solutions, sliding door systems, decorative and functional panels, high-pressure laminates, railing and balusters, and floor protection products, as well as accessories for power tools. It also manufactures veneer sheets and edge banding products; and various decorative moldings and components for the window and door industry. The company serves kitchen and bathroom cabinet, storage and closet, home furnishing, and office furniture manufacturers; door and window manufacturers; residential and commercial woodworkers; and hardware retailers, such as renovation superstores. The company was incorporated in 1968 and is headquartered in Montreal, Canada.
Richelieu Hardware Dividend Announcement
• Richelieu Hardware announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-10-24
• Richelieu Hardware annual dividend for 2024 was $0.56
• Richelieu Hardware annual dividend for 2023 was $0.60
• Richelieu Hardware's trailing twelve-month (TTM) dividend yield is 1.93%
• Richelieu Hardware's payout ratio for the trailing twelve months (TTM) is 37.36%
• Richelieu Hardware's dividend growth over the last five years (2018-2023) was 20.11% year
• Richelieu Hardware's dividend growth over the last ten years (2013-2023) was 4.40% year
Richelieu Hardware Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | $0.11 | quarterly | 2024-11-07 |
2024-07-25 | $0.15 | quarterly | 2024-08-08 |
2024-04-24 | $0.15 | quarterly | 2024-05-09 |
2024-01-31 | $0.15 | quarterly | 2024-02-15 |
2023-10-18 | $0.15 | quarterly | 2023-11-02 |
2023-07-19 | $0.15 | quarterly | 2023-08-03 |
2023-04-19 | $0.15 | quarterly | 2023-05-04 |
2023-02-01 | $0.15 | quarterly | 2023-02-16 |
2022-10-19 | $0.13 | quarterly | 2022-11-03 |
2022-07-20 | $0.13 | quarterly | 2022-08-04 |
2022-04-20 | $0.13 | quarterly | 2022-05-05 |
2022-02-02 | $0.13 | quarterly | 2022-02-17 |
2021-07-21 | $0.07 | quarterly | 2021-08-05 |
2021-04-21 | $0.07 | quarterly | 2021-05-06 |
2021-02-03 | $0.07 | quarterly | 2021-02-18 |
2020-10-21 | $0.07 | quarterly | 2020-11-05 |
2020-07-22 | $0.07 | quarterly | 2020-08-07 |
2020-02-05 | $0.07 | quarterly | 2020-02-20 |
2019-10-16 | $0.06 | quarterly | 2019-10-31 |
2019-07-17 | $0.06 | quarterly | 2019-08-01 |
2019-04-17 | $0.06 | quarterly | 2019-05-02 |
2019-02-06 | $0.06 | quarterly | 2019-02-21 |
2018-10-17 | $0.06 | quarterly | 2018-11-01 |
2018-07-18 | $0.06 | quarterly | 2018-08-02 |
2018-04-18 | $0.06 | quarterly | 2018-05-03 |
2018-02-07 | $0.06 | quarterly | 2018-02-22 |
2017-10-18 | $0.06 | quarterly | 2017-11-02 |
2017-07-18 | $0.06 | quarterly | 2017-08-03 |
2017-04-18 | $0.06 | quarterly | 2017-05-04 |
2017-01-31 | $0.06 | quarterly | 2017-02-16 |
2016-10-18 | $0.05 | quarterly | |
2016-07-19 | $0.05 | quarterly | |
2016-04-19 | $0.05 | quarterly | |
2016-02-02 | $0.16 | quarterly | |
2015-10-20 | $0.15 | quarterly | |
2015-07-14 | $0.15 | quarterly | |
2015-04-14 | $0.15 | quarterly | |
2015-02-03 | $0.15 | quarterly | |
2014-10-14 | $0.14 | quarterly | |
2014-07-15 | $0.14 | quarterly | |
2014-04-15 | $0.14 | quarterly | |
2014-02-04 | $0.14 | quarterly | |
2013-10-15 | $0.13 | quarterly | |
2013-07-16 | $0.13 | quarterly | |
2013-04-09 | $0.13 | quarterly |
Richelieu Hardware Dividend per year
Richelieu Hardware Dividend growth
Richelieu Hardware Dividend Yield
Richelieu Hardware current trailing twelve-month (TTM) dividend yield is 1.93%. Interested in purchasing Richelieu Hardware stock? Use our calculator to estimate your expected dividend yield:
Richelieu Hardware Financial Ratios
Richelieu Hardware Dividend FAQ
Other factors to consider when evaluating Richelieu Hardware 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: Richelieu Hardware'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, Richelieu Hardware 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, Richelieu Hardware 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 Richelieu Hardware 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: Richelieu Hardware 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, Richelieu Hardware distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Richelieu Hardware 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 Richelieu Hardware'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 Richelieu Hardware'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.