Sea Harvest Group Limited engages in the fishing and food business serving retail and foodservice customers in South Africa, Australia, Europe, and internationally. The company operates through four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods. The company is involved catching, processing, and marketing Cape Hake, Horse Mackerel, anchovies and pilchards, prawn, scallops, crabs, Spanish Mackerel, abalone, and oysters; and importing and exporting activities. It also engages in production, distribution, marketing, and sale of cheese, butter, and milk powders in retail and bulk forms to the South African retail, foodservice, and food producer markets. In addition, the company sources, manufactures, and markets fresh, chilled, and frozen convenience food products to the retail, foodservice, and catering industries. It operates a fleet of 36 vessels; and 15 vessels focused on deep-sea hake and Horse Mackerel, as well as six vessels in Mossel Bay catching hake, East Coast sole, pilchards, and anchovies; and three vessels from the Durban harbor focused on prawn catching. The company was formerly known as Sea Harvest Holdings Proprietary Limited and changed its name to Sea Harvest Group Limited in February 2017. Sea Harvest Group Limited was founded in 1964 and is based in Cape Town, South Africa.
Sea Harvest Dividend Announcement
• Sea Harvest announced a annually dividend of R40.00 per ordinary share which will be made payable on 2024-04-08. Ex dividend date: 2024-04-03
• Sea Harvest annual dividend for 2024 was R40.00
• Sea Harvest annual dividend for 2023 was R38.00
• Sea Harvest's trailing twelve-month (TTM) dividend yield is 4.99%
• Sea Harvest's payout ratio for the trailing twelve months (TTM) is 43.06%
• Sea Harvest's dividend growth over the last five years (2018-2023) was 4.16% year
Sea Harvest Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-03 | R40.00 | annually | 2024-04-08 |
2023-04-04 | R38.00 | annually | 2023-04-11 |
2022-04-06 | R56.00 | annually | 2022-04-11 |
2021-04-07 | R45.00 | annually | 2021-04-12 |
2020-04-07 | R45.00 | annually | 2020-04-14 |
2019-04-10 | R40.00 | annually | 2019-04-15 |
2018-04-11 | R31.00 | annually | 2018-04-16 |
Sea Harvest Dividend per year
Sea Harvest Dividend growth
Sea Harvest Dividend Yield
Sea Harvest current trailing twelve-month (TTM) dividend yield is 4.99%. Interested in purchasing Sea Harvest stock? Use our calculator to estimate your expected dividend yield:
Sea Harvest Financial Ratios
Sea Harvest Dividend FAQ
Other factors to consider when evaluating Sea Harvest 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: Sea Harvest'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, Sea Harvest 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, Sea Harvest 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 Sea Harvest 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: Sea Harvest 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, Sea Harvest distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sea Harvest 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 Sea Harvest'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 Sea Harvest'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.