Starrag Group Holding AG manufactures and sells high-precision machine tools for milling, turning, boring, and grinding of work pieces of metallic, composite, and ceramic materials. The company's products include vertical and horizontal machining centers, blade and blisks machining centers, portal and gantry machining centers, vertical turning lathes, vertical grinding machines, faceting machines, transfer machines, and aerostructures machining centers. It also offers integrated technology and maintenance and engineering services, as well as software solutions. In addition, the company provides automation solutions, technology services, and integrated production systems. It markets its products under the Berthiez, Bumotec, Dörries, Droop+Rein, Heckert, Scharmann/Ecoforce, SIP, Starrag, TTL, Ecospeed, and WMW brands for customers in the aerospace, energy, transportation, and industrial sectors in Switzerland, Germany, France, the United Kingdom, India, and internationally. The company was formerly known as StarragHeckert Holding AG and changed its name to Starrag Group Holding AG in 2012. Starrag Group Holding AG was founded in 1885 and is headquartered in Rorschacherberg, Switzerland.
Starrag Dividend Announcement
• Starrag announced a annually dividend of CHF2.50 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-24
• Starrag annual dividend for 2024 was CHF2.50
• Starrag annual dividend for 2023 was CHF2.00
• Starrag's trailing twelve-month (TTM) dividend yield is 6.83%
• Starrag's payout ratio for the trailing twelve months (TTM) is 75.34%
Starrag Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-24 | CHF2.50 | annually | 2024-04-26 |
2023-04-25 | CHF2.00 | annually | 2023-04-28 |
2022-04-26 | CHF1.00 | annually | 2022-04-28 |
2019-04-30 | CHF1.00 | annually | 2019-05-03 |
2018-05-03 | CHF1.50 | annually | 2018-05-07 |
2017-05-03 | CHF1.00 | annually | 2017-05-05 |
2016-04-26 | CHF1.20 | annually | 2016-04-28 |
2015-04-28 | CHF1.80 | annually | 2015-04-30 |
2014-04-15 | CHF1.80 | annually | 2014-04-22 |
2013-04-16 | CHF1.80 | annually | 2013-04-19 |
2012-04-24 | CHF1.20 | annually | 2012-04-27 |
2011-04-12 | CHF10.00 | annually | 2011-04-15 |
Starrag Dividend per year
Starrag Dividend growth
Starrag Dividend Yield
Starrag current trailing twelve-month (TTM) dividend yield is 6.83%. Interested in purchasing Starrag stock? Use our calculator to estimate your expected dividend yield:
Starrag Financial Ratios
Starrag Dividend FAQ
Other factors to consider when evaluating Starrag 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: Starrag'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, Starrag 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, Starrag 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 Starrag 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: Starrag 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, Starrag distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Starrag 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 Starrag'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 Starrag'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.