Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. It operates through two segments, Europe and the Americas. The company offers consumer, retail, industrial, e-commerce, heavy-duty corrugated, and hexacomb packaging products; composite cardboard tubes, bags, and sacks; and bag-in-box, a single-use packaging system that comprises films, accessories, bags, taps, and boxes. It also provides point of sale displays; automated packing lines; various types of containerboards, such as Kraftliners, testliners, and containerboard flutings; and corrugated sheet boards, solid board sheets, folding carton sheet boards, sack Kraft papers, MG Kraft papers, preprint products, agro-papers, technical papers, BanaBag, and Catcher Board MB12.In addition, the company offers recycling solutions to cardboard and paper products. It primarily serves food, beverage, and household consumables sectors. Smurfit Kappa Group plc was founded in 1934 and is headquartered in Dublin, Ireland.
Smurfit Kappa Dividend Announcement
• Smurfit Kappa announced a semi annually dividend of $50.60 per ordinary share which will be made payable on . Ex dividend date: 2024-07-26
• Smurfit Kappa annual dividend for 2024 was $51.97
• Smurfit Kappa annual dividend for 2023 was $1.64
• Smurfit Kappa's trailing twelve-month (TTM) dividend yield is 107.24%
• Smurfit Kappa's payout ratio for the trailing twelve months (TTM) is 45.35%
• Smurfit Kappa's dividend growth over the last five years (2018-2023) was 4.39% year
Smurfit Kappa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | $50.60 | semi annually | |
2024-04-11 | $1.37 | semi annually | 2024-05-28 |
2023-09-28 | $0.38 | semi annually | 2023-11-13 |
2023-04-13 | $1.26 | semi annually | 2023-05-30 |
2022-09-29 | $0.32 | semi annually | 2022-11-14 |
2022-04-07 | $1.09 | semi annually | 2022-05-23 |
2021-09-23 | $0.40 | semi annually | 2021-11-08 |
2021-04-08 | $1.26 | semi annually | 2021-05-24 |
2020-11-19 | $0.39 | semi annually | 2020-12-28 |
2020-08-14 | $1.13 | semi annually | 2020-09-28 |
2020-04-16 | $0.96 | semi annually | 2020-06-01 |
2019-09-26 | $0.34 | semi annually | 2019-11-12 |
2018-09-27 | $0.34 | semi annually | 2018-11-13 |
2018-04-12 | $0.98 | semi annually | 2018-05-29 |
2017-09-28 | $0.32 | semi annually | 2017-11-13 |
2017-04-19 | $0.65 | semi annually | 2017-05-30 |
2016-09-28 | $0.27 | semi annually | 2016-11-14 |
2016-04-13 | $0.60 | semi annually | |
2015-09-30 | $0.25 | semi annually | |
2015-04-08 | $0.48 | semi annually | |
2014-10-01 | $0.50 | semi annually |
Smurfit Kappa Dividend per year
Smurfit Kappa Dividend growth
Smurfit Kappa Dividend Yield
Smurfit Kappa current trailing twelve-month (TTM) dividend yield is 107.24%. Interested in purchasing Smurfit Kappa stock? Use our calculator to estimate your expected dividend yield:
Smurfit Kappa Financial Ratios
Smurfit Kappa Dividend FAQ
Other factors to consider when evaluating Smurfit Kappa 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: Smurfit Kappa'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, Smurfit Kappa 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, Smurfit Kappa 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 Smurfit Kappa 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: Smurfit Kappa 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, Smurfit Kappa distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Smurfit Kappa 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 Smurfit Kappa'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 Smurfit Kappa'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.