Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company's Automotive OEM division offers engine systems, including rolling bearing solutions, belt and chain drive products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components. This division also provides chassis systems comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems; and hybrid and electrical drive systems that include hybrid modules, electrical axle drives, and electrical wheel hub drives. Its Automotive Aftermarket division offers repair solutions for passenger cars, light commercial vehicles, heavy commercial vehicles, and tractors, as well as supporting services. The company's Industrial division provides components and systems. This division serves customers in the mobility, energy and raw materials, production machinery, aerospace, and industrial distribution. The company has a strategic partnership with Fraunhofer-Gesellschaft. The company was formerly known as INA Beteiligungsgesellschaft mit beschränkter Haftung and changed its name to Schaeffler AG in October 2014. The company was founded in 1946 and is headquartered in Herzogenaurach, Germany. Schaeffler AG is a subsidiary of IHO Verwaltungs GmbH.
Schaeffler Dividend Announcement
• Schaeffler announced a annually dividend of €0.45 per ordinary share which will be made payable on 2024-04-30. Ex dividend date: 2024-04-26
• Schaeffler annual dividend for 2024 was €0.45
• Schaeffler annual dividend for 2023 was €0.45
• Schaeffler's trailing twelve-month (TTM) dividend yield is 9.71%
• Schaeffler's payout ratio for the trailing twelve months (TTM) is 50.75%
• Schaeffler's dividend growth over the last five years (2018-2023) was -3.93% year
Schaeffler Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-26 | €0.45 | annually | 2024-04-30 |
2023-04-21 | €0.45 | annually | 2023-04-25 |
2022-04-22 | €0.50 | annually | 2022-04-26 |
2021-04-26 | €0.25 | annually | 2021-04-28 |
2020-05-11 | €0.45 | annually | 2020-05-13 |
2020-04-20 | €0.45 | annually | |
2019-04-25 | €0.55 | annually | 2019-04-29 |
2018-04-23 | €0.55 | annually | 2018-04-25 |
2017-04-27 | €0.50 | annually | 2017-05-02 |
2016-04-25 | €0.14 | annually | 2016-04-25 |
Schaeffler Dividend per year
Schaeffler Dividend growth
Schaeffler Dividend Yield
Schaeffler current trailing twelve-month (TTM) dividend yield is 9.71%. Interested in purchasing Schaeffler stock? Use our calculator to estimate your expected dividend yield:
Schaeffler Financial Ratios
Schaeffler Dividend FAQ
Other factors to consider when evaluating Schaeffler 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: Schaeffler'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, Schaeffler 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, Schaeffler 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 Schaeffler 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: Schaeffler 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, Schaeffler distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Schaeffler 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 Schaeffler'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 Schaeffler'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.