Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunications businesses. The company operates hypermarkets under the Continente brand; convenience supermarkets under the Continente Modelo and Continente Bom Dia brands; franchised supermarkets under the Meu Super brand; cafeteria under the Bagga brand; healthy food supermarkets and restaurants under the Go Natural brand; book shops and stationery under the Make Notes and Note! brands; health, well-being, and eye care centers under the Well´s brand; and dental and aesthetic medicine clinics under the Dr. Well's brand, as well as provides dog and cat products and services under the ZU brand. It also offers clothing, footwear, and accessories under the MO brand; baby and children clothing, footwear, and accessories, as well as childcare products under the Zippy and Losan brands; and jeans, clothing, and accessories under the Salsa brand. In addition, the company sells consumer electronics and entertainment products under the Worten brand; and mobile telecommunications products under the Worten Mobile brand, as well as develops real estate properties. Further, it engages in the investment management activities; the provision of financial services, including money transfer and cross selling, as well as various cards; and operates sports retail stores under JD, Sprinter, and Size? brand names. Additionally, the company provides telecommunication services to residential, personal, corporate, and wholesale markets. It operates in Portugal, Spain, France, the United Kingdom, Germany, Italy, Romania, Brazil, Mexico, the Netherlands, and internationally. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal.
Sonae Dividend Announcement
• Sonae announced a annually dividend of €0.06 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-14
• Sonae annual dividend for 2024 was €0.06
• Sonae annual dividend for 2023 was €0.05
• Sonae's trailing twelve-month (TTM) dividend yield is 6.13%
• Sonae's payout ratio for the trailing twelve months (TTM) is 58.91%
• Sonae's dividend growth over the last five years (2018-2023) was 5.04% year
Sonae Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-14 | €0.06 | annually | 2024-05-16 |
2023-05-12 | €0.05 | annually | 2023-05-16 |
2022-05-12 | €0.05 | annually | 2022-05-16 |
2021-05-13 | €0.05 | annually | 2021-05-17 |
2020-05-13 | €0.05 | annually | 2020-05-15 |
2019-05-28 | €0.04 | annually | 2019-05-30 |
2018-05-28 | €0.04 | annually | 2018-05-30 |
2017-05-11 | €0.04 | annually | 2017-05-15 |
2015-12-24 | €0.04 | annually | 2015-12-29 |
2015-05-26 | €0.04 | annually | 2015-05-28 |
2014-05-12 | €0.03 | annually | 2014-05-15 |
2013-05-27 | €0.03 | annually | 2013-05-30 |
2012-05-25 | €0.03 | annually | 2012-05-30 |
Sonae Dividend per year
Sonae Dividend growth
Sonae Dividend Yield
Sonae current trailing twelve-month (TTM) dividend yield is 6.13%. Interested in purchasing Sonae stock? Use our calculator to estimate your expected dividend yield:
Sonae Financial Ratios
Sonae Dividend FAQ
Other factors to consider when evaluating Sonae 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: Sonae'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, Sonae 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, Sonae 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 Sonae 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: Sonae 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, Sonae distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sonae 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 Sonae'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 Sonae'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.