Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as diagnoses, troubleshoots, and resolves issues with production networks and services. The Networks & Security segment develops test methodologies, tools, and services for virtualised networks, cloud, and proactive security validation; and offers Ethernet/IP performance testing solutions, as well as provides navigation satellite system test and simulation solutions while addressing opportunities in the broader positioning, navigation, and timing market. The company was formerly known as Spirent plc and changed its name to Spirent Communications plc in May 2006. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom.
Spirent Communications Dividend Announcement
• Spirent Communications announced a semi annually dividend of $0.11 per ordinary share which will be made payable on 2023-09-22. Ex dividend date: 2023-08-11
• Spirent Communications annual dividend for 2023 was $0.30
• Spirent Communications's trailing twelve-month (TTM) dividend yield is -%
• Spirent Communications's payout ratio for the trailing twelve months (TTM) is 114.38%
• Spirent Communications's dividend growth over the last five years (2018-2023) was -3.53% year
• Spirent Communications's dividend growth over the last ten years (2013-2023) was 8.49% year
Spirent Communications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-11 | $0.11 | semi annually | 2023-09-22 |
2023-03-17 | $0.20 | semi annually | 2023-05-17 |
2022-08-17 | $0.10 | semi annually | 2022-09-23 |
2022-03-24 | $0.17 | semi annually | 2022-05-17 |
2021-03-19 | $0.46 | semi annually | 2021-05-10 |
2020-08-21 | $0.09 | semi annually | 2020-09-21 |
2020-03-18 | $0.14 | semi annually | 2020-05-08 |
2019-08-16 | $0.08 | semi annually | 2019-09-13 |
2019-03-22 | $0.11 | semi annually | 2019-05-13 |
2018-08-10 | $0.07 | semi annually | 2018-09-14 |
2018-03-16 | $0.29 | semi annually | 2018-05-11 |
2017-08-10 | $0.07 | semi annually | 2017-09-18 |
2017-03-09 | $0.09 | semi annually | 2017-05-15 |
2016-08-11 | $0.07 | semi annually | 2016-09-16 |
2016-03-03 | $0.09 | semi annually | 2016-05-16 |
2015-08-13 | $0.07 | semi annually | 2015-09-18 |
2015-03-05 | $0.09 | semi annually | 2015-05-18 |
2014-08-13 | $0.07 | semi annually | 2014-09-22 |
2014-03-06 | $0.08 | semi annually | 2014-05-05 |
2013-08-08 | $0.06 | semi annually | 2013-09-23 |
2013-03-07 | $0.07 | semi annually | 2013-05-13 |
2012-08-09 | $0.06 | semi annually | 2012-09-24 |
2012-03-08 | $0.07 | semi annually | 2012-05-10 |
Spirent Communications Dividend per year
Spirent Communications Dividend growth
Spirent Communications Dividend Yield
Spirent Communications current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Spirent Communications stock? Use our calculator to estimate your expected dividend yield:
Spirent Communications Financial Ratios
Spirent Communications Dividend FAQ
Other factors to consider when evaluating Spirent Communications 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: Spirent Communications'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, Spirent Communications 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, Spirent Communications 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 Spirent Communications 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: Spirent Communications 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, Spirent Communications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Spirent Communications 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 Spirent Communications'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 Spirent Communications'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.