Sappi Limited provides materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company offers dissolving pulp; graphic papers; packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, dye sublimation papers, and inkjet papers; and casting and release papers. It also provides specialty chemicals and food ingredients; generates biomass energy, biogas, and hot water; offers fuel rods; and owns and manages forests. The company was formerly known as South African Pulp and Paper Industries Limited and changed its name to Sappi Limited in 1973. Sappi Limited was founded in 1936 and is headquartered in Johannesburg, South Africa.
Sappi Dividend Announcement
• Sappi announced a annually dividend of R5118.39 per ordinary share which will be made payable on 2024-01-15. Ex dividend date: 2024-01-10
• Sappi annual dividend for 2024 was R5118.39
• Sappi annual dividend for 2023 was R4509.49
• Sappi's trailing twelve-month (TTM) dividend yield is 0.18%
• Sappi's payout ratio for the trailing twelve months (TTM) is -97.67%
Sappi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-10 | R5118.39 | annually | 2024-01-15 |
2023-01-11 | R4509.49 | annually | 2023-01-16 |
2019-01-09 | R3397.17 | annually | 2019-01-14 |
2018-01-10 | R2665.23 | annually | 2018-01-16 |
2017-01-11 | R2029.68 | annually | |
2010-07-29 | R402.04 | annually | |
2009-07-29 | R366.89 | annually | |
2008-11-24 | R1633.66 | annually | |
2007-12-28 | R970.91 | annually | |
2006-12-29 | R927.03 | annually | |
2005-12-30 | R768.91 | annually | |
2005-01-03 | R648.73 | annually | |
2004-01-05 | R844.31 | annually |
Sappi Dividend per year
Sappi Dividend growth
Sappi Dividend Yield
Sappi current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Sappi stock? Use our calculator to estimate your expected dividend yield:
Sappi Financial Ratios
Sappi Dividend FAQ
Other factors to consider when evaluating Sappi 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: Sappi'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, Sappi 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, Sappi 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 Sappi 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: Sappi 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, Sappi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sappi 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 Sappi'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 Sappi'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.