Severfield plc, a structural steelwork company, engages in the designing, manufacturing, fabrication, construction, and erection of steelwork activities in the United Kingdom, Republic of Ireland, Mainland Europe, and India. The company manufactures metal decking products; plate girder sections, rectangular and/or circular apertures, optimal section profiles, and intumescent coating products. It also provides steel-framed modular equipment rooms and housing; steelworks, including the main structure, mezzanines, stairs, balustrade, and platforms; staircase fabrication; composite and non-composite plain and cellular beams; and offload and edge protection systems, as well as delivers constructional steel products. The company provides its services for various projects, such as industrial and distribution, nuclear, health and education, commercial offices, power and energy, stadia and leisure, retail, transport, data centers, and process industries. It serves contractors, developers, engineers, and architects. The company was formerly known as SeverfieldRowen plc and changed its name to Severfield plc in May 2014. The company was founded in 1978 and is headquartered in Thirsk, the United Kingdom.
Severfield Dividend Announcement
• Severfield announced a semi annually dividend of £2.30 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-05
• Severfield annual dividend for 2024 was £3.70
• Severfield annual dividend for 2023 was £3.40
• Severfield's trailing twelve-month (TTM) dividend yield is 4.24%
• Severfield's payout ratio for the trailing twelve months (TTM) is 67.38%
• Severfield's dividend growth over the last five years (2018-2023) was 4.72% year
Severfield Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | £2.30 | semi annually | 2024-10-11 |
2024-01-04 | £1.40 | semi annually | 2024-02-02 |
2023-09-07 | £2.10 | semi annually | 2023-10-13 |
2023-01-05 | £1.30 | semi annually | 2023-02-03 |
2022-09-08 | £1.90 | semi annually | 2022-10-14 |
2021-12-09 | £1.20 | semi annually | 2022-01-07 |
2021-08-12 | £1.80 | semi annually | 2021-09-03 |
2020-12-10 | £1.10 | semi annually | 2021-01-08 |
2020-08-13 | £1.80 | semi annually | 2020-09-11 |
2019-12-12 | £1.10 | semi annually | 2020-01-10 |
2019-08-15 | £1.80 | semi annually | 2019-09-13 |
2018-12-13 | £1.00 | semi annually | 2019-01-11 |
2018-08-16 | £1.70 | semi annually | 2018-09-14 |
2017-12-14 | £0.90 | semi annually | 2018-01-12 |
2017-08-17 | £1.60 | semi annually | 2017-09-15 |
2016-12-15 | £0.70 | semi annually | 2017-01-13 |
2016-08-18 | £1.00 | semi annually | 2016-09-16 |
2015-12-17 | £0.50 | semi annually | 2016-01-15 |
2015-08-13 | £0.50 | semi annually | 2015-09-11 |
2012-10-03 | £0.78 | semi annually | 2012-10-26 |
2012-05-23 | £1.82 | semi annually | 2012-06-21 |
2011-10-05 | £0.78 | semi annually | 2011-10-28 |
2011-05-18 | £1.30 | semi annually | 2011-06-16 |
Severfield Dividend per year
Severfield Dividend growth
Severfield Dividend Yield
Severfield current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Severfield stock? Use our calculator to estimate your expected dividend yield:
Severfield Financial Ratios
Severfield Dividend FAQ
Other factors to consider when evaluating Severfield 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: Severfield'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, Severfield 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, Severfield 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 Severfield 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: Severfield 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, Severfield distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Severfield 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 Severfield'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 Severfield'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.