Smith & Wesson Brands, Inc. designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands. It also provides manufacturing services comprising forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding to other businesses under the Smith & Wesson and Smith & Wesson Precision Components brand names; and sells parts purchased through third parties. The company sells its products to firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement, security agencies and officers, and military agencies. It markets its products through independent dealers, retailers, in-store retails, and direct to consumers; print, broadcast, and digital advertising campaigns; social and electronic media; and in-store retail merchandising strategies. Smith & Wesson Brands, Inc. was founded in 1852 and is based in Springfield, Massachusetts.
Smith & Wesson Brands Dividend Announcement
• Smith & Wesson Brands announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-19
• Smith & Wesson Brands annual dividend for 2024 was $0.38
• Smith & Wesson Brands annual dividend for 2023 was $0.46
• Smith & Wesson Brands's trailing twelve-month (TTM) dividend yield is 3.63%
• Smith & Wesson Brands's payout ratio for the trailing twelve months (TTM) is 65.06%
Smith & Wesson Brands Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | $0.13 | quarterly | 2024-10-03 |
2024-07-11 | $0.13 | quarterly | 2024-07-25 |
2024-03-20 | $0.12 | quarterly | 2024-04-04 |
2023-12-20 | $0.12 | quarterly | 2024-01-04 |
2023-09-20 | $0.12 | quarterly | 2023-10-05 |
2023-07-12 | $0.12 | quarterly | 2023-07-27 |
2023-03-15 | $0.10 | quarterly | 2023-03-30 |
2022-12-19 | $0.10 | quarterly | 2023-01-03 |
2022-09-21 | $0.10 | quarterly | 2022-10-06 |
2022-07-06 | $0.10 | quarterly | 2022-07-21 |
2022-03-16 | $0.08 | quarterly | 2022-03-31 |
2021-12-15 | $0.08 | quarterly | 2022-01-03 |
2021-09-13 | $0.08 | quarterly | 2021-09-28 |
2021-06-30 | $0.08 | quarterly | 2021-07-06 |
2021-03-16 | $0.05 | quarterly | 2021-03-31 |
2020-12-16 | $0.05 | quarterly | 2021-01-05 |
2020-09-16 | $0.05 | quarterly | 2020-10-01 |
Smith & Wesson Brands Dividend per year
Smith & Wesson Brands Dividend growth
Smith & Wesson Brands Dividend Yield
Smith & Wesson Brands current trailing twelve-month (TTM) dividend yield is 3.63%. Interested in purchasing Smith & Wesson Brands stock? Use our calculator to estimate your expected dividend yield:
Smith & Wesson Brands Financial Ratios
Smith & Wesson Brands Dividend FAQ
Other factors to consider when evaluating Smith & Wesson Brands 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: Smith & Wesson Brands'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, Smith & Wesson Brands 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, Smith & Wesson Brands 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 Smith & Wesson Brands 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: Smith & Wesson Brands 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, Smith & Wesson Brands distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Smith & Wesson Brands 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 Smith & Wesson Brands'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 Smith & Wesson Brands'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.