Silk Logistics Holdings Limited provides port-to-door landside logistics and supply chain services in Australia. It operates in two segments, Port Logistics and Contract Logistics. The company offers port logistics services, including wharf cartage; and contract logistics services, such as warehousing and distribution. It serves retail, fast moving consumer goods, light industrial, food, and other industries. Silk Logistics Holdings Limited was incorporated in 2013 and is headquartered in Port Melbourne, Australia.
Silk Logistics Dividend Announcement
• Silk Logistics announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-10-08. Ex dividend date: 2024-08-30 • Silk Logistics annual dividend for 2024 was A$0.04 • Silk Logistics annual dividend for 2023 was A$0.08 • Silk Logistics's trailing twelve-month (TTM) dividend yield is 3.25% • Silk Logistics's payout ratio for the trailing twelve months (TTM) is 56.82%
Silk Logistics current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing Silk Logistics stock? Use our calculator to estimate your expected dividend yield:
Silk Logistics Financial Ratios
P/E ratio10.17
PEG ratio0.23
P/B ratio1.30
ROE12.63%
Payout ratio56.82%
Current ratio0.80
Quick ratio0.80
Cash Ratio0.21
Silk Logistics Dividend FAQ
How much is the next Silk Logistics dividend?
Silk Logistics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Silk Logistics dividend. The next Silk Logistics dividend will be released in March, or September.
When is Silk Logistics dividend paid?
Silk Logistics pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Silk Logistics pay?
The specific amount of Silk Logistics dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Silk Logistics's dividend history.
Does Silk Logistics stock pay dividends?
Yes, Silk Logistics does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Silk Logistics's dividend history.
How much dividend does Silk Logistics pay?
Silk Logistics paid A$0.042 in 2024, A$0.084 in 2023, A$0.085 in 2022, A$0.0 in 2021, and A$0.0 in 2020.
How often does Silk Logistics pay dividends?
Silk Logistics typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Silk Logistics's dividend yield?
The current dividend yield for Silk Logistics is 3.25%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Silk Logistics's exact dividend yield.
When does Silk Logistics go ex dividend?
Silk Logistics's ex-dividend date for the latest dividend was on 2024-08-30. Silk Logistics typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Silk Logistics dividend paid?
Silk Logistics pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Silk Logistics increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Silk Logistics will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Silk Logistics dividend per share?
Silk Logistics paid A$0.042 per share in 2024 and A$0.084 per share in 2023. The amount of dividend per share that Silk Logistics pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Silk Logistics a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Silk Logistics a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Silk Logistics a dividend stock?
Yes, Silk Logistics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Silk Logistics a good dividend stock?
Whether Silk Logistics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Silk Logistics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Silk Logistics 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.
Does Silk Logistics pay dividends monthly?
Silk Logistics typically pays dividends on a semi annually basis.
Does Silk Logistics pay dividends quarterly?
Silk Logistics currently pays dividends on a semi annually basis.
Has Silk Logistics ever paid a dividend?
Yes, Silk Logistics has a history of paying dividends to its shareholders. Silk Logistics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Silk Logistics dividend stocks?
To buy Silk Logistics you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Silk Logistics stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Silk Logistics pay dividends 2024?
Silk Logistics pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Silk Logistics increase its dividend in 2024?
Decisions regarding Silk Logistics dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Silk Logistics dividend overview you can look into the above table of dividend history.
How Silk Logistics dividend works?
The Silk Logistics dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Silk Logistics's dividend process works:
1. Determination of Dividend: Silk Logistics'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, Silk Logistics 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, Silk Logistics 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 Silk Logistics 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.
How are Silk Logistics dividends paid?
Silk Logistics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Silk Logistics 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, Silk Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Silk Logistics 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.
How many times does Silk Logistics pay dividends?
Silk Logistics typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Silk Logistics pay dividends?
The general pattern is that Silk Logistics pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Silk Logistics dividend safe?
The safety of Silk Logistics's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Silk Logistics'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 Silk Logistics'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.