Softing AG develops software, hardware, and system solutions worldwide. The company operates through three segments: Industrial, Automotive, and IT Networks. It offers industrial communications solutions and products for the manufacturing and process industry. The company also provides products and services for integrated communication functions in automation systems and devices, such as PROFIBUS, PROFINET, EthernetIP, EtherCAT, Powerlink, Modbus, CAN, CANopen, DeviceNet, FOUNDATION Fieldbus, and HART; interface cards; integration modules; chip solutions and communications software for implementing bus links; gateways for linking fieldbuses; and groupwide planning and administration systems. It offers tools for configuring networks; toolkits to integrate configuration functions; tools and devices for signal and protocol analysis of industrial communication networks; and OPC servers, OPC middleware, and development tools, as well as develops and imports geared and other motors for various applications. The company also provides vehicle adapters and data bus interfaces comprising interfaces, various PC connections, programming interfaces, and customized adaptations; and on-site consulting and engineering services, as well as special solutions for development/testing, production, and service. It offers diagnostic solutions, and customized and proprietary analytic tools; test automation software interfaces, editing and run time systems, and customized test stations, as well as solutions for the flash programming of control units; and devices for simulating electronic control units and rest bus systems. The company also provides customer-specific software and hardware developments for data communication/diagnosis/test systems; on-site customer support, as well as measurement technology and automation systems; and testing, qualifying, and certifying services for cabling in IT systems. Softing AG was founded in 1979 and is headquartered in Haar, Germany.
Softing Dividend Announcement
• Softing announced a annually dividend of €0.13 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-09
• Softing annual dividend for 2024 was €0.13
• Softing annual dividend for 2023 was €0.10
• Softing's trailing twelve-month (TTM) dividend yield is 3.25%
• Softing's payout ratio for the trailing twelve months (TTM) is -16.52%
• Softing's dividend growth over the last five years (2018-2023) was -5.11% year
• Softing's dividend growth over the last ten years (2013-2023) was -9.46% year
Softing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | €0.13 | annually | 2024-05-13 |
2023-05-05 | €0.10 | annually | 2023-05-09 |
2022-05-09 | €0.10 | annually | 2022-05-11 |
2021-05-06 | €0.04 | annually | 2021-05-10 |
2020-05-07 | €0.04 | annually | 2020-05-11 |
2019-05-09 | €0.13 | annually | 2019-05-13 |
2018-05-10 | €0.13 | annually | 2018-05-14 |
2017-05-04 | €0.20 | annually | 2017-05-08 |
2016-05-05 | €0.15 | annually | 2016-05-05 |
2015-05-07 | €0.25 | annually | 2015-05-07 |
2014-05-08 | €0.35 | annually | 2014-06-05 |
2013-05-08 | €0.27 | annually | 2013-05-08 |
Softing Dividend per year
Softing Dividend growth
Softing Dividend Yield
Softing current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing Softing stock? Use our calculator to estimate your expected dividend yield:
Softing Financial Ratios
Softing Dividend FAQ
Other factors to consider when evaluating Softing 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: Softing'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, Softing 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, Softing 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 Softing 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: Softing 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, Softing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Softing 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 Softing'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 Softing'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.