Ringmetall SE develops, produces, and markets packaging solutions for industrial drums in Germany and internationally. The company operates through two segments, Industrial Packaging and Industrial Handling. It develops and produces drum locking systems and clamping rings; inliners for industrial drums and pails; individual system components, such as covers, seals, locking divisions, handles, and various special parts; and round bottom inliners, drum liners, IBC liners, container liners, dust caps, form lids, and bag-in-box-components. The company also offers special vehicle components for industrial trucks, tractors, and agricultural vehicles, including restraint systems and lifting mast parts for forklift trucks, special brake and clutch pedals, and complex welding assemblies, as well as specialized trailer coupling systems and brackets for hydraulic components for use in forestry and agriculture. It serves automotive, food and beverage, chemical, petrochemical, pharmaceutical, oil and gas, building and construction, and logistics industries. The company was incorporated in 1997 and is headquartered in Munich, Germany.
Ringmetall Dividend Announcement
• Ringmetall announced a annually dividend of €0.10 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-26
• Ringmetall annual dividend for 2024 was €0.10
• Ringmetall annual dividend for 2023 was €0.10
• Ringmetall's trailing twelve-month (TTM) dividend yield is 3.27%
• Ringmetall's payout ratio for the trailing twelve months (TTM) is 32.05%
• Ringmetall's dividend growth over the last five years (2018-2023) was 10.76% year
• Ringmetall's dividend growth over the last ten years (2013-2023) was 5.27% year
Ringmetall Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | €0.10 | annually | 2024-06-28 |
2023-06-21 | €0.10 | annually | 2023-06-23 |
2022-06-21 | €0.09 | annually | 2022-06-23 |
2021-06-17 | €0.06 | annually | 2021-06-21 |
2020-08-31 | €0.06 | annually | 2020-09-02 |
2019-06-17 | €0.06 | annually | 2019-06-19 |
2018-08-31 | €0.06 | annually | 2018-09-04 |
2017-08-30 | €0.05 | annually | 2017-09-01 |
2016-08-31 | €0.05 | annually | |
2015-09-01 | €0.05 | annually | |
2014-09-01 | €0.05 | annually | |
2013-08-26 | €0.06 | annually |
Ringmetall Dividend per year
Ringmetall Dividend growth
Ringmetall Dividend Yield
Ringmetall current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing Ringmetall stock? Use our calculator to estimate your expected dividend yield:
Ringmetall Financial Ratios
Ringmetall Dividend FAQ
Other factors to consider when evaluating Ringmetall 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: Ringmetall'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, Ringmetall 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, Ringmetall 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 Ringmetall 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: Ringmetall 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, Ringmetall distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ringmetall 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 Ringmetall'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 Ringmetall'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.