Sto SE & Co. KGaA engages in the manufacture and sale of products and systems for building coatings in Europe, the United States, the Asia Pacific, and internationally. It offers facade systems, including external wall insulation and rainscreen cladding facade systems; facade coatings, such as render and paint systems; and interior products comprising plaster and paint systems for home and office interiors, decorative coatings, and interior claddings, as well as interior products for surface decoration that include paints, patterns, materials, and textures. The company also provides acoustic systems, which comprise acoustic board systems, acoustic sails, and acoustic plaster finishes that allow various textures, shapes, and colors; floor coatings for industrial facilities, trade and public facilities, parking decks, cleanrooms, and balconies; and concrete restoration products. In addition, it offers insulants, carrier boards for acoustic systems, rainscreen cladding systems, architectural elements, brick surfaces, outdoor ceramics, interior tiles, paints and lacquers, and glass granulates. Further, the company provides integrated solutions for façade insulation, interiors, acoustics, floor coatings, and concrete restoration. It serves professional applicators, such as painters, plasterers, and building contractors, as well as architects, planning offices, and real estate industry through direct and multi-stage distribution systems. The company was formerly known as Sto AG and changed its name to Sto SE & Co. KGaA in March 2014. The company is headquartered in Stühlingen, Germany. Sto SE & Co. KGaA is a subsidiary of Stotmeister Beteiligungs GmbH.
Sto SE Dividend Announcement
• Sto SE announced a annually dividend of €4.69 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-20
• Sto SE annual dividend for 2024 was €4.69
• Sto SE annual dividend for 2023 was €4.69
• Sto SE's trailing twelve-month (TTM) dividend yield is 3.91%
• Sto SE's payout ratio for the trailing twelve months (TTM) is 93.91%
• Sto SE's dividend growth over the last five years (2018-2023) was 4.41% year
• Sto SE's dividend growth over the last ten years (2013-2023) was 0.28% year
Sto SE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | €4.69 | annually | 2024-06-24 |
2023-06-22 | €4.69 | annually | 2023-06-26 |
2022-06-23 | €4.69 | annually | 2022-06-27 |
2021-06-17 | €4.69 | annually | 2021-06-21 |
2020-06-11 | €3.78 | annually | 2020-06-15 |
2019-06-20 | €3.78 | annually | 2019-06-24 |
2018-06-22 | €3.78 | annually | 2018-06-26 |
2017-06-15 | €3.31 | annually | 2017-06-19 |
2016-06-10 | €4.56 | annually | 2016-06-10 |
2015-06-17 | €25.14 | annually | 2015-06-17 |
2014-06-18 | €4.56 | annually | 2014-06-18 |
2013-06-13 | €4.56 | annually | 2013-06-13 |
Sto SE Dividend per year
Sto SE Dividend growth
Sto SE Dividend Yield
Sto SE current trailing twelve-month (TTM) dividend yield is 3.91%. Interested in purchasing Sto SE stock? Use our calculator to estimate your expected dividend yield:
Sto SE Financial Ratios
Sto SE Dividend FAQ
Other factors to consider when evaluating Sto SE 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: Sto SE'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, Sto SE 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, Sto SE 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 Sto SE 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: Sto SE 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, Sto SE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sto SE 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 Sto SE'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 Sto SE'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.