Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, lifting, rail, survey and safety, ATEX, plant, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment. It also sells access, lifting, survey, rail, and personal protective and safety equipment; various tools and equipment; and cutting, grinding, and sanding equipment, as well as site supplies. In addition, the company offers rehire, partnered, fuel management, testing, inspection, certification, advisory/technical, powered access, out of hours, building information modelling, and aviation services, as well as customer service centers; and site and traffic management and other training services. It sells its products through a network of approximately 207 depots, as well as online. Speedy Hire Plc was incorporated in 1968 and is headquartered in Newton-le-Willows, the United Kingdom.
Speedy Hire Dividend Announcement
• Speedy Hire announced a semi annually dividend of £0.80 per ordinary share which will be made payable on 2025-01-17. Ex dividend date: 2024-12-05
• Speedy Hire annual dividend for 2024 was £2.60
• Speedy Hire annual dividend for 2023 was £2.60
• Speedy Hire's trailing twelve-month (TTM) dividend yield is 8.25%
• Speedy Hire's payout ratio for the trailing twelve months (TTM) is 437.04%
Speedy Hire Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-05 | £0.80 | semi annually | 2025-01-17 |
2024-08-08 | £1.80 | semi annually | 2024-09-20 |
2023-12-07 | £0.80 | semi annually | 2024-01-19 |
2023-08-10 | £1.80 | semi annually | 2023-09-22 |
2022-12-08 | £0.80 | semi annually | 2023-01-20 |
2022-08-11 | £1.45 | semi annually | 2022-09-23 |
2021-12-09 | £0.75 | semi annually | 2022-01-21 |
2021-08-12 | £1.40 | semi annually | 2021-09-24 |
2019-12-05 | £0.70 | semi annually | 2020-01-10 |
2019-07-04 | £1.40 | semi annually | 2019-08-09 |
2018-12-13 | £0.60 | semi annually | 2019-01-25 |
2018-07-05 | £1.15 | semi annually | 2018-08-10 |
2017-12-14 | £0.50 | semi annually | 2018-01-26 |
2017-07-06 | £0.67 | semi annually | 2017-08-11 |
2016-12-15 | £0.33 | semi annually | 2017-01-27 |
2016-07-07 | £0.40 | semi annually | 2016-08-12 |
2015-12-17 | £0.30 | semi annually | 2016-01-29 |
2015-06-11 | £0.40 | semi annually | 2015-08-12 |
2015-01-08 | £0.30 | semi annually | 2015-01-30 |
2014-06-11 | £0.35 | semi annually | 2014-08-13 |
2014-01-08 | £0.26 | semi annually | 2014-01-31 |
2013-06-12 | £0.31 | semi annually | 2013-08-14 |
2013-01-02 | £0.22 | semi annually | 2013-01-25 |
2012-06-13 | £0.26 | semi annually | 2012-08-15 |
2012-01-04 | £0.20 | semi annually | 2012-01-27 |
Speedy Hire Dividend per year
Speedy Hire Dividend growth
Speedy Hire Dividend Yield
Speedy Hire current trailing twelve-month (TTM) dividend yield is 8.25%. Interested in purchasing Speedy Hire stock? Use our calculator to estimate your expected dividend yield:
Speedy Hire Financial Ratios
Speedy Hire Dividend FAQ
Other factors to consider when evaluating Speedy Hire 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: Speedy Hire'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, Speedy Hire 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, Speedy Hire 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 Speedy Hire 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: Speedy Hire 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, Speedy Hire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Speedy Hire 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 Speedy Hire'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 Speedy Hire'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.