Spin Master Corp., a children's entertainment company, creates, designs, manufactures, licenses, and markets various toys, entertainment franchises, and digital games in North America, Europe, and internationally. Its product categories include activities, games and puzzles, and plush; preschool, dolls, and interactive; wheels and action; and outdoor. The company offers its products under the PAW Patrol, Bakugan, Kinetic Sand, Air Hogs, Hatchimals, Rubik's Cube, GUND, Toca Boca, Sago Mini, Etch A Sketch, Meccano, and Orbeez brands. It also produced television, video-on-demand, subscription video-on-demand, and movies. The company was founded in 1994 and is headquartered in Toronto, Canada.
Spin Master Dividend Announcement
• Spin Master announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2025-01-10. Ex dividend date: 2024-12-27
• Spin Master annual dividend for 2024 was $0.35
• Spin Master annual dividend for 2023 was $0.24
• Spin Master's trailing twelve-month (TTM) dividend yield is 1.34%
• Spin Master's payout ratio for the trailing twelve months (TTM) is 75.37%
Spin Master Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | $0.09 | quarterly | 2025-01-10 |
2024-09-27 | $0.09 | quarterly | 2024-10-11 |
2024-06-28 | $0.12 | quarterly | 2024-07-12 |
2024-03-27 | $0.06 | quarterly | 2024-04-12 |
2023-12-28 | $0.06 | quarterly | 2024-01-12 |
2023-09-28 | $0.06 | quarterly | 2023-10-13 |
2023-06-29 | $0.06 | quarterly | 2023-07-14 |
2023-03-30 | $0.06 | quarterly | 2023-04-14 |
2022-12-29 | $0.06 | quarterly | 2023-01-13 |
2022-09-29 | $0.06 | quarterly | 2022-10-14 |
Spin Master Dividend per year
Spin Master Dividend growth
Spin Master Dividend Yield
Spin Master current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing Spin Master stock? Use our calculator to estimate your expected dividend yield:
Spin Master Financial Ratios
Spin Master Dividend FAQ
Other factors to consider when evaluating Spin Master 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: Spin Master'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, Spin Master 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, Spin Master 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 Spin Master 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: Spin Master 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, Spin Master distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Spin Master 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 Spin Master'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 Spin Master'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.