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Somero Enterprises, Inc., together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. It also offers related parts and accessories, as well as provides training services. The company's proprietary products include the CopperHead, Mini Screed C, S-485 Laser Screed, S-940 Laser Screed, S-22EZ Advanced Laser Screed, S-15R Laser Screed, S-10A Laser Screed, S-158C Laser Screed, and S-22E Laser Screed machines, as well as the 3-D Profiler System software and the Somero Floor Levelness System. It also provides Somero Sky Screed 25; Somero line dragon line-pulling and -placing system; STS-11M topping spreaders; SiteShape, a software package for real three-dimensional grade shaping; and factory certified remanufactured equipment. The company's equipment is used to place and screed the concrete slab in various building types, including floors in multi-story buildings; and used in the construction of warehouses, assembly plants, exterior paving and parking structures, retail centers, and other commercial construction projects. The company markets and sells its products primarily to small, medium, and large concrete contractors, as well as to self-performing general contractors. Somero Enterprises, Inc. was founded in 1985 and is headquartered in Fort Myers, Florida.

Somero Enterprises Dividend Announcement

Somero Enterprises announced a semi annually dividend of £6.01 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-19
Somero Enterprises annual dividend for 2024 was £22.55
Somero Enterprises annual dividend for 2023 was £28.61
Somero Enterprises's trailing twelve-month (TTM) dividend yield is 8.35%
Somero Enterprises's payout ratio for the trailing twelve months (TTM) is 70.24%
Somero Enterprises's dividend growth over the last five years (2018-2023) was 33.45% year
Somero Enterprises's dividend growth over the last ten years (2013-2023) was 38.81% year

Somero Enterprises Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19£6.01semi annually2024-10-18
2024-04-11£16.54semi annually2024-05-10
2023-09-21£8.13semi annually2023-10-20
2023-04-06£20.48semi annually2023-05-05
2022-09-22£10.00semi annually2022-10-21
2022-04-07£15.09semi annually2022-05-06
2021-09-23£6.58semi annually2021-10-22
2021-04-08£13.17semi annually2021-04-30
2021-01-07£5.67semi annually
2020-09-24£6.04semi annually2020-10-15
2020-04-09£7.70semi annually2020-04-30
2019-09-26£4.66semi annually2019-10-17
2019-04-04£8.94semi annually2019-04-26
2018-09-27£4.20semi annually2018-10-17
2018-03-29£2.56semi annually2018-04-20
2017-09-28£2.05semi annually2017-10-18
2017-07-27£10.15semi annually2017-08-14
2017-03-30£6.89semi annually2017-04-17
2016-09-29£1.93semi annually2016-10-19
2016-03-17£3.48semi annually2016-04-04
2015-10-01£1.25semi annually2015-10-19
2015-04-23£2.65semi annually2015-05-11
2014-10-01£0.93semi annually2014-10-20
2014-04-23£0.77semi annually2014-05-12
2013-10-02£0.56semi annually2013-10-21
2013-04-24£0.52semi annually2013-05-13

Somero Enterprises Dividend per year

Somero Enterprises Dividend growth

Somero Enterprises Dividend Yield

Somero Enterprises current trailing twelve-month (TTM) dividend yield is 8.35%. Interested in purchasing Somero Enterprises stock? Use our calculator to estimate your expected dividend yield:

Somero Enterprises Financial Ratios

P/E ratio7.91
PEG ratio-783.36
P/B ratio1.79
ROE24.01%
Payout ratio70.24%
Current ratio4.63
Quick ratio3.22
Cash Ratio2.41

Somero Enterprises Dividend FAQ

How much is the next Somero Enterprises dividend?
Somero Enterprises's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Somero Enterprises dividend. The next Somero Enterprises dividend will be released in April, or September.
When is Somero Enterprises dividend paid?
Somero Enterprises pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, 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 Somero Enterprises pay?
The specific amount of Somero Enterprises 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 Somero Enterprises's dividend history.
Does Somero Enterprises stock pay dividends?
Yes, Somero Enterprises 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 Somero Enterprises's dividend history.
How much dividend does Somero Enterprises pay?
Somero Enterprises paid £22.551 in 2024, £28.613 in 2023, £25.085 in 2022, £25.416 in 2021, and £13.735 in 2020.
How often does Somero Enterprises pay dividends?
Somero Enterprises 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 April, and September.
What is Somero Enterprises's dividend yield?
The current dividend yield for Somero Enterprises is 8.35%. 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 Somero Enterprises's exact dividend yield.
When does Somero Enterprises go ex dividend?
Somero Enterprises's ex-dividend date for the latest dividend was on 2024-09-19. Somero Enterprises 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 Somero Enterprises dividend paid?
Somero Enterprises pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Somero Enterprises 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 Somero Enterprises 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 Somero Enterprises dividend per share?
Somero Enterprises paid £22.551 per share in 2024 and £28.613 per share in 2023. The amount of dividend per share that Somero Enterprises 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 Somero Enterprises 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 Somero Enterprises 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 Somero Enterprises a dividend stock?
Yes, Somero Enterprises is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Somero Enterprises a good dividend stock?
Whether Somero Enterprises is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Somero Enterprises has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Somero Enterprises 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 Somero Enterprises pay dividends monthly?
Somero Enterprises typically pays dividends on a semi annually basis.
Does Somero Enterprises pay dividends quarterly?
Somero Enterprises currently pays dividends on a semi annually basis.
Has Somero Enterprises ever paid a dividend?
Yes, Somero Enterprises has a history of paying dividends to its shareholders. Somero Enterprises is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Somero Enterprises dividend stocks?
To buy Somero Enterprises 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 Somero Enterprises 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 Somero Enterprises pay dividends 2024?
Somero Enterprises pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-18. 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 Somero Enterprises increase its dividend in 2024?
Decisions regarding Somero Enterprises 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 Somero Enterprises dividend overview you can look into the above table of dividend history.
How Somero Enterprises dividend works?
The Somero Enterprises 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 Somero Enterprises's dividend process works:

1. Determination of Dividend: Somero Enterprises'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, Somero Enterprises 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, Somero Enterprises 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 Somero Enterprises 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 Somero Enterprises dividends paid?
Somero Enterprises dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Somero Enterprises 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, Somero Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Somero Enterprises 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 Somero Enterprises pay dividends?
Somero Enterprises 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 Somero Enterprises pay dividends?
The general pattern is that Somero Enterprises pays dividends around April, 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 Somero Enterprises dividend safe?
The safety of Somero Enterprises'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 Somero Enterprises'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 Somero Enterprises'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.