Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, and Financial Services segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications. It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, and gears and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, as well as for electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries. Further, it manufactures and distributes coated, laminated and metallized films for imaging, aerospace, insulation and solar photo-voltaic markets; originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers drilling and production services to the oil and gas industry. Steel Partners Holdings GP Inc. serves as the general partner of the company. The company was founded in 1990 and is based in New York, New York.
Steel Partners Dividend Announcement
• Steel Partners announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-08-30
• Steel Partners annual dividend for 2024 was $1.12
• Steel Partners annual dividend for 2023 was $1.50
• Steel Partners's trailing twelve-month (TTM) dividend yield is -%
• Steel Partners's payout ratio for the trailing twelve months (TTM) is 4.40%
Steel Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | $0.38 | quarterly | 2024-09-15 |
2024-05-31 | $0.38 | quarterly | 2024-06-15 |
2024-02-29 | $0.38 | quarterly | |
2023-11-30 | $0.38 | quarterly | 2023-12-15 |
2023-08-31 | $0.38 | quarterly | 2023-09-15 |
2023-05-31 | $0.38 | quarterly | 2023-06-15 |
2023-02-28 | $0.38 | quarterly | 2023-03-15 |
2022-11-30 | $0.38 | quarterly | 2022-12-15 |
2022-08-31 | $0.38 | quarterly | 2022-09-15 |
2022-05-31 | $0.38 | quarterly | 2022-06-15 |
2022-02-28 | $0.38 | quarterly | 2022-03-15 |
2021-11-30 | $0.38 | quarterly | 2021-12-15 |
2021-08-31 | $0.38 | quarterly | 2021-09-15 |
2021-05-28 | $0.38 | quarterly | 2021-06-15 |
2021-02-26 | $0.38 | quarterly | 2021-03-15 |
2020-11-30 | $0.38 | quarterly | 2020-12-15 |
2020-08-31 | $0.38 | quarterly | 2020-09-15 |
2020-05-29 | $0.38 | quarterly | 2020-06-15 |
2020-02-27 | $0.38 | quarterly | 2020-03-15 |
2019-11-27 | $0.38 | quarterly | 2019-12-15 |
2019-08-29 | $0.38 | quarterly | 2019-09-16 |
2019-05-30 | $0.38 | quarterly | 2019-06-15 |
2019-02-28 | $0.38 | quarterly | 2019-03-15 |
2018-11-29 | $0.38 | quarterly | 2018-12-17 |
2018-08-30 | $0.38 | quarterly | 2018-09-15 |
2018-05-31 | $0.38 | quarterly | 2018-06-15 |
2018-02-28 | $0.38 | quarterly | 2018-03-15 |
2017-11-30 | $0.38 | quarterly | 2017-12-15 |
2017-08-30 | $0.38 | quarterly | 2017-09-15 |
2017-05-30 | $0.38 | quarterly | 2017-06-15 |
2017-02-27 | $0.15 | quarterly |
Steel Partners Dividend per year
Steel Partners Dividend growth
Steel Partners Dividend Yield
Steel Partners current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Steel Partners stock? Use our calculator to estimate your expected dividend yield:
Steel Partners Financial Ratios
Steel Partners Dividend FAQ
Other factors to consider when evaluating Steel Partners 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.
Place an order: Use the brokerage's trading platform to place an order to buy Steel Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Steel Partners'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, Steel Partners 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, Steel Partners 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 Steel Partners 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: Steel Partners 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, Steel Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Steel Partners 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 Steel Partners'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 Steel Partners'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.