Saputo Inc. produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses. It also provides fluid milk, yogurt, sour cream, cottage cheese, and ice cream mixes, as well as other dairy and non-dairy products, which comprise butter, cream and creamers, aerosol whipped toppings, whipping cream, dips, spread, oil, flavored coffee whitener, and iced coffee. In addition, the company offers dairy ingredients and nutritional products, including milk powder, casein, whey powder, lactose, lactoferrin, infant formula, and whey protein concentrates; and distributes fine imported cheese to specialty stores, as well as dairy and non-dairy products manufactured by third parties. It serves customers in the retail, foodservice, and industrial segments. The company sells its products under the Saputo, Alexis de Portneuf, Armstrong, Bari, Cogruet, DuVillage 1860, Kingsey, Shepherd Gourmet Dairy, Stella, Woolwich Goat Dairy, Cathedral City, Clover, Country Life, Davidstow, Frylight, Wensleydale Creamery, Vitalite, Sheese, Dairyland, Neilson, Nutrilait, Baxter, Scotsburn, Trutaste, Milk2Go/Lait's Go, Joyya, Baileys, Heluva Good, CHEER, Cracker Barrel, Devondale, Fred Walker, Great Ocean Road, King Island Dairy, Liddells, Mersey Valley, Mil Lel, Murray Goulburn Ingredients, Warrnambool, South Cape, Sungold, Tasmanian Heritage, La Paulina, Molfino, Ricrem, Black Creek, Frigo Cheese Heads, Gardenia, Great Midwest, King's Choice, Lugano, Montchevre, Organic Creamery, Salemville, Treasure Cave, DairyStar, and Friendship Dairies brands. Saputo Inc. was founded in 1954 and is headquartered in Montreal, Canada.
Saputo Dividend Announcement
• Saputo announced a quarterly dividend of C$0.19 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-12-10
• Saputo annual dividend for 2024 was C$0.75
• Saputo annual dividend for 2023 was C$0.73
• Saputo's trailing twelve-month (TTM) dividend yield is 2.82%
• Saputo's payout ratio for the trailing twelve months (TTM) is 125.42%
• Saputo's dividend growth over the last five years (2018-2023) was 2.35% year
• Saputo's dividend growth over the last ten years (2013-2023) was -1.85% year
Saputo Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-10 | C$0.19 | quarterly | 2024-12-20 |
| 2024-09-10 | C$0.19 | quarterly | 2024-09-20 |
| 2024-06-18 | C$0.18 | quarterly | 2024-06-26 |
| 2024-03-04 | C$0.18 | quarterly | 2024-03-15 |
| 2023-12-04 | C$0.18 | quarterly | 2023-12-15 |
| 2023-09-01 | C$0.18 | quarterly | 2023-09-15 |
| 2023-06-19 | C$0.18 | quarterly | 2023-06-27 |
| 2023-03-06 | C$0.18 | quarterly | 2023-03-17 |
| 2022-12-05 | C$0.18 | quarterly | 2022-12-16 |
| 2022-09-02 | C$0.18 | quarterly | 2022-09-16 |
| 2022-06-20 | C$0.18 | quarterly | 2022-06-28 |
| 2022-03-07 | C$0.18 | quarterly | 2022-03-18 |
| 2021-12-06 | C$0.18 | quarterly | 2021-12-17 |
| 2021-09-03 | C$0.18 | quarterly | 2021-09-17 |
| 2021-06-15 | C$0.17 | quarterly | 2021-06-25 |
| 2021-03-15 | C$0.17 | quarterly | 2021-03-26 |
| 2020-12-22 | C$0.17 | quarterly | 2021-01-07 |
| 2020-09-21 | C$0.17 | quarterly | 2020-10-02 |
| 2020-06-29 | C$0.17 | quarterly | 2020-07-09 |
| 2020-03-02 | C$0.17 | quarterly | 2020-03-13 |
| 2019-12-02 | C$0.17 | quarterly | 2019-12-13 |
| 2019-08-30 | C$0.17 | quarterly | 2019-09-13 |
| 2019-06-17 | C$0.17 | quarterly | 2019-06-27 |
| 2019-03-04 | C$0.17 | quarterly | 2019-03-15 |
| 2018-12-03 | C$0.17 | quarterly | 2018-12-14 |
| 2018-08-31 | C$0.17 | quarterly | 2018-09-14 |
| 2018-06-18 | C$0.16 | quarterly | 2018-06-28 |
| 2018-03-05 | C$0.16 | quarterly | 2018-03-16 |
| 2017-12-04 | C$0.16 | quarterly | 2017-12-15 |
| 2017-08-31 | C$0.16 | quarterly | 2017-09-15 |
| 2017-06-13 | C$0.15 | quarterly | 2017-06-27 |
| 2017-03-03 | C$0.15 | quarterly | 2017-03-17 |
| 2016-12-02 | C$0.15 | quarterly | 2016-12-16 |
| 2016-09-01 | C$0.15 | quarterly | 2016-09-16 |
| 2016-06-14 | C$0.14 | quarterly | 2016-06-27 |
| 2016-02-26 | C$0.14 | quarterly | 2016-03-11 |
| 2015-11-27 | C$0.14 | quarterly | 2015-12-11 |
| 2015-09-01 | C$0.14 | quarterly | 2015-09-14 |
| 2015-07-02 | C$0.13 | quarterly | 2015-07-16 |
| 2015-02-26 | C$0.13 | quarterly | 2015-03-13 |
| 2014-11-28 | C$0.13 | quarterly | 2014-12-12 |
| 2014-09-02 | C$0.26 | quarterly | 2014-09-15 |
| 2014-07-03 | C$0.23 | quarterly | 2014-07-17 |
| 2014-02-27 | C$0.23 | quarterly | 2014-03-14 |
| 2013-11-29 | C$0.23 | quarterly | 2013-12-13 |
| 2013-09-03 | C$0.23 | quarterly | 2013-09-16 |
| 2013-07-04 | C$0.21 | quarterly | 2013-07-18 |
| 2013-02-28 | C$0.21 | quarterly | 2013-03-15 |
Saputo Dividend per year
Saputo Dividend growth
Saputo Dividend Yield
Saputo current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Saputo stock? Use our calculator to estimate your expected dividend yield:
Saputo Financial Ratios
P/E ratio47.86
PEG ratio-26.33
P/B ratio1.52
ROE3.30%
Payout ratio125.42%
Current ratio1.46
Quick ratio0.60
Cash Ratio0.13
Saputo Dividend FAQ
How much is the next Saputo dividend?
Saputo's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Saputo dividend. The next Saputo dividend will be released in March, June, September, or December.
When is Saputo dividend paid?
Saputo pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Saputo pay?
The specific amount of Saputo 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 Saputo's dividend history.
Does Saputo stock pay dividends?
Yes, Saputo 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 Saputo's dividend history.
How much dividend does Saputo pay?
Saputo paid C$0.75 in 2024, C$0.73 in 2023, C$0.72 in 2022, C$0.71 in 2021, and C$0.69 in 2020.
How often does Saputo pay dividends?
Saputo typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Saputo's dividend yield?
The current dividend yield for Saputo is 2.82%. 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 Saputo's exact dividend yield.
When does Saputo go ex dividend?
Saputo's ex-dividend date for the latest dividend was on 2024-12-10. Saputo 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 Saputo dividend paid?
Saputo pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Saputo 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 Saputo 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 Saputo dividend per share?
Saputo paid C$0.75 per share in 2024 and C$0.73 per share in 2023. The amount of dividend per share that Saputo 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 Saputo 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 Saputo 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 Saputo a dividend stock?
Yes, Saputo is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saputo a good dividend stock?
Whether Saputo is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Saputo has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Saputo 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 Saputo 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 Saputo pay dividends monthly?
Saputo typically pays dividends on a quarterly basis.
Does Saputo pay dividends quarterly?
Saputo currently pays dividends on a quarterly basis.
Has Saputo ever paid a dividend?
Yes, Saputo has a history of paying dividends to its shareholders. Saputo is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saputo dividend stocks?
To buy Saputo 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 Saputo 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 Saputo 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 Saputo pay dividends 2024?
Saputo pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-20. 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 Saputo increase its dividend in 2024?
Decisions regarding Saputo 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 Saputo dividend overview you can look into the above table of dividend history.
How Saputo dividend works?
The Saputo 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 Saputo's dividend process works:
1. Determination of Dividend: Saputo'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, Saputo 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, Saputo 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 Saputo 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: Saputo'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, Saputo 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, Saputo 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 Saputo 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 Saputo dividends paid?
Saputo dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Saputo 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, Saputo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Saputo 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: Saputo 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, Saputo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Saputo 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 Saputo pay dividends?
Saputo typically pays dividends on a quarterly 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 Saputo pay dividends?
The general pattern is that Saputo pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Saputo dividend safe?
The safety of Saputo'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 Saputo'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 Saputo'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 Saputo'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 Saputo'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.