Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Industrial & Marketing and Renewables segments. It also sells and distributes oil products, such as diesel, gasoline, diesel fuel for heating, liquefied petroleum gas, virgin naphtha, bunkering, and aviation fuel. In addition, the company generates and sells electricity through an integrated gasification combined cycle plant with a total installed capacity of 575 megawatts; and a wind farm with a total installed capacity of 171 megawatts. Further, it provides consultancy, engineering, and technological development services in the oil refining, petrochemical, chemical, and energy industry sectors. Additionally, the company owns and operates depots located in Arcola and Cartagena. Saras S.p.A. was founded in 1962 and is headquartered in Milan, Italy.
Saras Dividend Announcement
• Saras announced a annually dividend of €0.15 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• Saras annual dividend for 2024 was €0.15
• Saras annual dividend for 2023 was €0.19
• Saras's trailing twelve-month (TTM) dividend yield is 9.39%
• Saras's payout ratio for the trailing twelve months (TTM) is 107.49%
Saras Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.15 | annually | 2024-05-22 |
2023-05-22 | €0.19 | annually | 2023-05-24 |
2020-05-18 | €0.04 | annually | |
2019-05-20 | €0.08 | annually | 2019-05-22 |
2018-05-21 | €0.12 | annually | 2018-05-23 |
2017-05-22 | €0.10 | annually | 2017-05-24 |
2016-05-23 | €0.17 | annually | |
2009-05-18 | €0.17 | annually | |
2008-05-19 | €0.17 | annually | |
2007-05-07 | €0.15 | annually |
Saras Dividend per year
Saras Dividend growth
Saras Dividend Yield
Saras current trailing twelve-month (TTM) dividend yield is 9.39%. Interested in purchasing Saras stock? Use our calculator to estimate your expected dividend yield:
Saras Financial Ratios
Saras Dividend FAQ
Other factors to consider when evaluating Saras 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: Saras'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, Saras 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, Saras 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 Saras 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: Saras 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, Saras distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Saras 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 Saras'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 Saras'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.