Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment leases fiber and provides Ethernet and wavelength fiber optic services. In addition, the company offers voice and digital subscriber line telephone services. The company's Tower segment owns 220 cell towers and leases colocation space on the towers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.
Shenandoah Telecommunications Dividend Announcement
• Shenandoah Telecommunications announced a annually dividend of $0.10 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-05
• Shenandoah Telecommunications annual dividend for 2024 was $0.10
• Shenandoah Telecommunications annual dividend for 2023 was $0.09
• Shenandoah Telecommunications's trailing twelve-month (TTM) dividend yield is 0.73%
• Shenandoah Telecommunications's payout ratio for the trailing twelve months (TTM) is -23.44%
• Shenandoah Telecommunications's dividend growth over the last five years (2018-2023) was -19.73% year
• Shenandoah Telecommunications's dividend growth over the last ten years (2013-2023) was -12.94% year
Shenandoah Telecommunications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | $0.10 | annually | 2024-12-02 |
2023-11-06 | $0.09 | annually | 2023-12-01 |
2022-11-04 | $0.08 | annually | 2022-12-01 |
2021-11-05 | $0.07 | annually | 2021-12-01 |
2021-08-03 | $18.75 | annually | |
2020-11-10 | $0.34 | annually | 2020-12-01 |
2019-11-13 | $0.29 | annually | 2019-12-02 |
2018-11-08 | $0.27 | annually | 2018-11-30 |
2017-11-02 | $0.26 | annually | 2017-12-01 |
2016-11-02 | $0.25 | annually | 2016-12-01 |
2015-11-03 | $0.48 | annually | 2015-12-01 |
2014-11-03 | $0.47 | annually | 2014-12-01 |
2013-11-04 | $0.36 | annually | 2013-12-02 |
Shenandoah Telecommunications Dividend per year
Shenandoah Telecommunications Dividend growth
Shenandoah Telecommunications Dividend Yield
Shenandoah Telecommunications current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing Shenandoah Telecommunications stock? Use our calculator to estimate your expected dividend yield:
Shenandoah Telecommunications Financial Ratios
Shenandoah Telecommunications Dividend FAQ
Other factors to consider when evaluating Shenandoah Telecommunications 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: Shenandoah Telecommunications'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, Shenandoah Telecommunications 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, Shenandoah Telecommunications 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 Shenandoah Telecommunications 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: Shenandoah Telecommunications 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, Shenandoah Telecommunications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenandoah Telecommunications 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 Shenandoah Telecommunications'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 Shenandoah Telecommunications'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.