Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel segment produces various high-grade heavy plates for engineering, shipbuilding, and mechanical engineering, as well as trades in scrap. The Mannesmann segment is involved in the manufacture of line pipes, HFI-welded tubes, precision and stainless-steel tubes, and spiral-welded and longitudinal-welded large-diameter pipes; and seamless and welded tubes for the energy, automotive, and mechanical engineering sectors. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany.
Salzgitter Dividend Announcement
• Salzgitter announced a annually dividend of $0.05 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-05-31
• Salzgitter annual dividend for 2024 was $0.05
• Salzgitter annual dividend for 2023 was $0.12
• Salzgitter's trailing twelve-month (TTM) dividend yield is 3.28%
• Salzgitter's payout ratio for the trailing twelve months (TTM) is -229.25%
Salzgitter Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-31 | $0.05 | annually | 2024-06-18 |
| 2023-05-25 | $0.12 | annually | 2023-06-14 |
| 2022-06-03 | $0.08 | annually | 2022-06-23 |
| 2020-06-01 | $0.02 | annually | 2020-07-28 |
| 2019-05-23 | $0.07 | annually | 2019-06-12 |
| 2018-05-24 | $0.06 | annually | 2018-06-13 |
| 2017-06-01 | $0.04 | annually | 2017-06-21 |
| 2016-05-27 | $0.03 | annually | 2016-06-17 |
| 2015-05-26 | $0.03 | annually | |
| 2014-05-20 | $0.04 | annually | |
| 2013-05-21 | $0.04 | annually | |
| 2012-05-22 | $0.08 | annually |
Salzgitter Dividend per year
Salzgitter Dividend growth
Salzgitter Dividend Yield
Salzgitter current trailing twelve-month (TTM) dividend yield is 3.28%. Interested in purchasing Salzgitter stock? Use our calculator to estimate your expected dividend yield:
Salzgitter Financial Ratios
P/E ratio-8.27
PEG ratio-1.03
P/B ratio0.02
ROE-0.22%
Payout ratio-229.25%
Current ratio1.73
Quick ratio0.88
Cash Ratio0.17
Salzgitter Dividend FAQ
How much is the next Salzgitter dividend?
Salzgitter's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Salzgitter dividend. The next Salzgitter dividend will be released in May.
When is Salzgitter dividend paid?
Salzgitter pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Salzgitter pay?
The specific amount of Salzgitter dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Salzgitter's dividend history.
Does Salzgitter stock pay dividends?
Yes, Salzgitter does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Salzgitter's dividend history.
How much dividend does Salzgitter pay?
Salzgitter paid $0.053 in 2024, $0.118 in 2023, $0.079 in 2022, $0.0 in 2021, and $0.025 in 2020.
How often does Salzgitter pay dividends?
Salzgitter typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Salzgitter's dividend yield?
The current dividend yield for Salzgitter is 3.28%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Salzgitter's exact dividend yield.
When does Salzgitter go ex dividend?
Salzgitter's ex-dividend date for the latest dividend was on 2024-05-31. Salzgitter typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Salzgitter dividend paid?
Salzgitter pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Salzgitter increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Salzgitter will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Salzgitter dividend per share?
Salzgitter paid $0.053 per share in 2024 and $0.118 per share in 2023. The amount of dividend per share that Salzgitter pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Salzgitter a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Salzgitter a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Salzgitter a dividend stock?
Yes, Salzgitter is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Salzgitter a good dividend stock?
Whether Salzgitter is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Salzgitter has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Salzgitter 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.
Other factors to consider when evaluating Salzgitter 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.
Does Salzgitter pay dividends monthly?
Salzgitter typically pays dividends on a annually basis.
Does Salzgitter pay dividends quarterly?
Salzgitter currently pays dividends on a annually basis.
Has Salzgitter ever paid a dividend?
Yes, Salzgitter has a history of paying dividends to its shareholders. Salzgitter is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Salzgitter dividend stocks?
To buy Salzgitter you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Salzgitter stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Salzgitter stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Salzgitter pay dividends 2024?
Salzgitter pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Salzgitter increase its dividend in 2024?
Decisions regarding Salzgitter dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Salzgitter dividend overview you can look into the above table of dividend history.
How Salzgitter dividend works?
The Salzgitter dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Salzgitter's dividend process works:
1. Determination of Dividend: Salzgitter'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, Salzgitter 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, Salzgitter 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 Salzgitter 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. Determination of Dividend: Salzgitter'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, Salzgitter 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, Salzgitter 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 Salzgitter 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.
How are Salzgitter dividends paid?
Salzgitter dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Salzgitter 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, Salzgitter distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Salzgitter 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.
1. Record Date: Salzgitter 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, Salzgitter distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Salzgitter 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.
How many times does Salzgitter pay dividends?
Salzgitter typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Salzgitter pay dividends?
The general pattern is that Salzgitter pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Salzgitter dividend safe?
The safety of Salzgitter's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Salzgitter'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 Salzgitter'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.
To assess the safety of Salzgitter'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 Salzgitter'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.