Scales Corporation Limited engages in the agribusiness activities in New Zealand, Asia, Europe, North America, and internationally. The company operates through Food Ingredients, Horticulture, and Logistics segments. The Food Ingredients segment processes and markets food ingredients, such as pet food ingredients and juice concentrates. This segment also manufactures and sells apple, kiwifruit, and pear juice concentrates. The Horticulture segment is involved in growing, packaging, marketing, and exporting apples under the Mr Apple, Fern Ridge Fresh, Dazzle, and Posy brands. The Logistics segment provides supply chain services for exporters, importers, and FMCG businesses. This segment also engages in the sea and air freight of produce. It also provides insurance services. Scales Corporation Limited was founded in 1897 and is headquartered in Christchurch, New Zealand.
Scales Dividend Announcement
• Scales announced a quarterly dividend of NZ$0.04 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-30
• Scales annual dividend for 2024 was NZ$0.09
• Scales annual dividend for 2023 was NZ$0.19
• Scales's trailing twelve-month (TTM) dividend yield is 2.15%
• Scales's payout ratio for the trailing twelve months (TTM) is 87.12%
• Scales's dividend growth over the last five years (2018-2023) was 1.09% year
Scales Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-30 | NZ$0.04 | quarterly | 2024-07-12 |
2024-01-05 | NZ$0.04 | quarterly | 2024-01-18 |
2023-06-28 | NZ$0.10 | quarterly | 2023-07-07 |
2023-03-22 | NZ$0.04 | quarterly | 2023-03-31 |
2023-01-04 | NZ$0.06 | quarterly | 2023-01-16 |
2022-06-29 | NZ$0.10 | quarterly | 2022-07-08 |
2021-12-31 | NZ$0.10 | quarterly | 2022-01-14 |
2021-06-30 | NZ$0.10 | quarterly | 2021-07-09 |
2021-01-05 | NZ$0.10 | quarterly | 2021-01-15 |
2021-01-04 | NZ$0.10 | quarterly | |
2020-06-26 | NZ$0.10 | quarterly | 2020-07-10 |
2020-01-06 | NZ$0.10 | quarterly | 2020-01-17 |
2019-06-25 | NZ$0.10 | quarterly | 2019-07-05 |
2019-01-08 | NZ$0.10 | quarterly | 2019-01-18 |
2018-06-26 | NZ$0.09 | quarterly | 2018-07-06 |
2018-01-09 | NZ$0.09 | quarterly | 2018-01-19 |
2017-06-27 | NZ$0.12 | quarterly | 2017-07-07 |
2017-01-05 | NZ$0.08 | quarterly | |
2016-06-28 | NZ$0.07 | quarterly | |
2016-01-07 | NZ$0.04 | quarterly | |
2015-06-29 | NZ$0.07 | quarterly | |
2014-12-05 | NZ$0.03 | quarterly |
Scales Dividend per year
Scales Dividend growth
Scales Dividend Yield
Scales current trailing twelve-month (TTM) dividend yield is 2.15%. Interested in purchasing Scales stock? Use our calculator to estimate your expected dividend yield:
Scales Financial Ratios
Scales Dividend FAQ
Other factors to consider when evaluating Scales 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: Scales'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, Scales 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, Scales 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 Scales 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: Scales 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, Scales distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scales 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 Scales'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 Scales'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.