Smiths News plc, together with its subsidiaries, engages in the wholesaling of newspapers and magazines in the United Kingdom and internationally. It also supplies inflight entertainment to airlines and travel points; and offers field-based merchandising and marketing, supply chain auditing, and compliance solutions to retailers and suppliers. The company was formerly known as Connect Group PLC and changed its name to Smiths News plc in November 2020. Smiths News plc was incorporated in 2004 and is based in Swindon, the United Kingdom.
Smiths News Dividend Announcement
• Smiths News announced a semi annually dividend of £1.75 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-06-06
• Smiths News annual dividend for 2024 was £4.50
• Smiths News annual dividend for 2023 was £4.15
• Smiths News's trailing twelve-month (TTM) dividend yield is 7.89%
• Smiths News's payout ratio for the trailing twelve months (TTM) is 42.74%
Smiths News Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | £1.75 | semi annually | 2024-07-04 |
2024-01-11 | £2.75 | semi annually | 2024-02-08 |
2023-06-08 | £1.40 | semi annually | 2023-07-06 |
2023-01-12 | £2.75 | semi annually | 2023-02-09 |
2022-06-09 | £1.40 | semi annually | 2022-07-07 |
2022-01-13 | £1.15 | semi annually | 2022-02-10 |
2021-07-01 | £0.50 | semi annually | 2021-07-30 |
2020-01-16 | £1.00 | semi annually | 2020-02-13 |
2018-06-07 | £3.10 | semi annually | 2018-07-06 |
2018-01-11 | £6.70 | semi annually | 2018-02-09 |
2017-06-08 | £3.10 | semi annually | 2017-07-07 |
2017-01-12 | £6.50 | semi annually | 2017-02-10 |
2016-06-09 | £3.00 | semi annually | |
2016-01-14 | £6.30 | semi annually | |
2015-06-11 | £2.90 | semi annually | |
2015-01-08 | £6.60 | semi annually | |
2014-06-11 | £2.79 | semi annually | |
2014-01-08 | £5.68 | semi annually | |
2013-06-12 | £2.70 | semi annually | |
2013-01-09 | £5.23 | semi annually | |
2012-05-09 | £2.52 | semi annually | |
2012-01-04 | £4.87 | semi annually |
Smiths News Dividend per year
Smiths News Dividend growth
Smiths News Dividend Yield
Smiths News current trailing twelve-month (TTM) dividend yield is 7.89%. Interested in purchasing Smiths News stock? Use our calculator to estimate your expected dividend yield:
Smiths News Financial Ratios
Smiths News Dividend FAQ
Other factors to consider when evaluating Smiths News 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: Smiths News'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, Smiths News 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, Smiths News 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 Smiths News 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: Smiths News 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, Smiths News distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Smiths News 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 Smiths News'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 Smiths News'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.