Service Stream Limited designs, constructs, operates and maintains infrastructure networks in Australia. It operates through: Telecommunications, Utilities, and Transport segments. The Telecommunications segment provides various operations, maintenance, installation, design, and construction services to owners of fixed-line and wireless telecommunication networks, including customer connections; service and network assurance; site acquisition; and design, construction, engineering, and installation of broadband, wireless, and fixed-line project services, as well as projects for asset remediation, augmentation, and relocation. The Utilities segment offers operations, maintenance, design, and construction services, as well as range of specialist metering, new energy, and inspection services to gas, water, and electricity network owners and other customers. Its services include asset upgrades and replacement; design, engineering, and construction services for network assets and energy-related products; and meter reading and network assurance, as well as specialist inspection, auditing, and compliance services. The Transport segment provides operational support and maintenance services to public and private road, and tunnel asset owners. Its services comprising road network maintenance, control room operations, minor civil construction services, and installation and operation of intelligent transport systems. The company was incorporated in 1996 and is headquartered in Melbourne, Australia.
Service Stream Dividend Announcement
• Service Stream announced a semi annually dividend of A$0.03 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-18
• Service Stream annual dividend for 2024 was A$0.04
• Service Stream annual dividend for 2023 was A$0.01
• Service Stream's trailing twelve-month (TTM) dividend yield is 2.9%
• Service Stream's payout ratio for the trailing twelve months (TTM) is 57.08%
• Service Stream's dividend growth over the last five years (2018-2023) was -27.29% year
Service Stream Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | A$0.03 | semi annually | 2024-10-04 |
2024-03-21 | A$0.02 | semi annually | |
2023-09-19 | A$0.01 | semi annually | 2023-10-05 |
2023-03-22 | A$0.01 | semi annually | 2023-04-06 |
2022-09-19 | A$0.01 | semi annually | 2022-10-05 |
2021-03-25 | A$0.03 | semi annually | 2021-04-14 |
2020-09-15 | A$0.05 | semi annually | 2020-10-01 |
2020-03-04 | A$0.04 | semi annually | 2020-03-19 |
2019-09-17 | A$0.05 | semi annually | 2019-10-02 |
2019-03-06 | A$0.03 | semi annually | 2019-03-21 |
2018-09-12 | A$0.04 | semi annually | 2018-09-27 |
2018-03-14 | A$0.03 | semi annually | 2018-03-29 |
2017-09-13 | A$0.03 | semi annually | 2017-09-28 |
2017-03-15 | A$0.01 | semi annually | 2017-04-13 |
2016-09-14 | A$0.01 | semi annually | 2016-09-29 |
2016-03-16 | A$0.01 | semi annually | 2016-04-14 |
2015-09-04 | A$0.01 | semi annually | 2015-10-08 |
2015-03-13 | A$0.00 | semi annually | 2015-04-16 |
2013-03-15 | A$0.01 | semi annually | 2013-04-18 |
2012-09-10 | A$0.01 | semi annually | 2012-10-18 |
2012-03-09 | A$0.01 | semi annually | 2012-04-20 |
Service Stream Dividend per year
Service Stream Dividend growth
Service Stream Dividend Yield
Service Stream current trailing twelve-month (TTM) dividend yield is 2.9%. Interested in purchasing Service Stream stock? Use our calculator to estimate your expected dividend yield:
Service Stream Financial Ratios
Service Stream Dividend FAQ
Other factors to consider when evaluating Service Stream 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: Service Stream'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, Service Stream 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, Service Stream 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 Service Stream 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: Service Stream 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, Service Stream distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Service Stream 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 Service Stream'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 Service Stream'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.