Stratec SE, together with its subsidiaries, designs and manufactures automation and instrumentation solutions in the fields of in-vitro diagnostics and life sciences in Germany, European Union, and internationally. It operates through three segments: Instrumentation, Diatron, and Smart Consumables. The Instrumentation segment designs and manufactures automated analyzer systems, including service parts and consumables for clinical diagnostics and biotechnology customers. The Diatron segment offers systems, system components, consumables, and tests for the low throughput hematology and clinical chemistry applications. The Smart Consumables segment develops and manufactures smart consumables in the fields of diagnostics, life sciences, and medical technologies. The company was formerly known as STRATEC Biomedical AG and changed its name to Stratec SE in December 2018. Stratec SE was founded in 1979 and is headquartered in Birkenfeld, Germany.
Stratec Dividend Announcement
• Stratec announced a annually dividend of €0.55 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• Stratec annual dividend for 2024 was €0.55
• Stratec annual dividend for 2023 was €0.97
• Stratec's trailing twelve-month (TTM) dividend yield is 1.64%
• Stratec's payout ratio for the trailing twelve months (TTM) is 66.80%
• Stratec's dividend growth over the last five years (2018-2023) was 3.93% year
• Stratec's dividend growth over the last ten years (2013-2023) was 5.65% year
Stratec Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.55 | annually | 2024-05-22 |
2023-05-18 | €0.97 | annually | 2023-05-22 |
2022-05-23 | €0.95 | annually | 2022-05-25 |
2021-05-21 | €0.90 | annually | 2021-05-26 |
2020-06-09 | €0.84 | annually | 2020-06-12 |
2019-05-30 | €0.82 | annually | 2019-06-04 |
2018-05-31 | €0.80 | annually | 2018-06-05 |
2017-06-15 | €0.77 | annually | 2017-06-20 |
2016-06-10 | €0.75 | annually | 2016-06-10 |
2015-05-26 | €0.70 | annually | 2015-05-26 |
2014-06-19 | €0.60 | annually | 2014-06-20 |
2013-06-07 | €0.56 | annually | 2013-06-10 |
Stratec Dividend per year
Stratec Dividend growth
Stratec Dividend Yield
Stratec current trailing twelve-month (TTM) dividend yield is 1.64%. Interested in purchasing Stratec stock? Use our calculator to estimate your expected dividend yield:
Stratec Financial Ratios
Stratec Dividend FAQ
Other factors to consider when evaluating Stratec 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: Stratec'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, Stratec 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, Stratec 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 Stratec 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: Stratec 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, Stratec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stratec 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 Stratec'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 Stratec'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.