Rumo S.A., through its subsidiaries, provides rail transportation services. The company operates through four segments: Northern Operations, South Operations, Central Operations, and Container Operations. It offers logistics services primarily for exporting commodities, including integrated solution for transportation, handling, storage, and shipping from the production centers to the principal ports in the south and southeast of Brazil; and railway, highway, transshipment, and port elevation operations. The company transports agricultural commodities, including fertilizers, corn, wheat, soy, bran, vegetable oil, and sugar; and fuel, construction, steel, forestry, consumption, petrochemical, and container products. It is also involved in the provision of terminal and storage services; and container logistics services for various cargo, including meats, wood, and other consumer goods. The company was formerly known as ALL América Latina Logística S.A. Rumo S.A. was founded in 1997 and is headquartered in Curitiba, Brazil.
Rumo Dividend Announcement
• Rumo announced a annually dividend of R$0.09 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-02
• Rumo annual dividend for 2024 was R$0.09
• Rumo annual dividend for 2023 was R$0.07
• Rumo's trailing twelve-month (TTM) dividend yield is 0.45%
• Rumo's payout ratio for the trailing twelve months (TTM) is -19.11%
Rumo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-02 | R$0.09 | annually | 2024-05-31 |
2023-04-20 | R$0.07 | annually | 2023-05-31 |
2022-04-28 | R$0.02 | annually | 2022-05-31 |
Rumo Dividend per year
Rumo Dividend growth
Rumo Dividend Yield
Rumo current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing Rumo stock? Use our calculator to estimate your expected dividend yield:
Rumo Financial Ratios
Rumo Dividend FAQ
Other factors to consider when evaluating Rumo 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: Rumo'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, Rumo 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, Rumo 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 Rumo 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: Rumo 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, Rumo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rumo 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 Rumo'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 Rumo'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.