Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices. The company offers its products primarily under the Aqua Optima, astrea, and HaloPure brands. It serves original equipment manufacturers, brands, and retailers. The company was formerly known as Steam Plc and changed its name to Strix Group Plc in July 2017. Strix Group Plc was incorporated in 2017 and is headquartered in Isle of Man, the United Kingdom.
Strix Dividend Announcement
• Strix announced a semi annually dividend of £0.90 per ordinary share which will be made payable on 2023-12-29. Ex dividend date: 2023-11-16
• Strix annual dividend for 2023 was £4.15
• Strix's trailing twelve-month (TTM) dividend yield is 1.89%
• Strix's payout ratio for the trailing twelve months (TTM) is 19.33%
• Strix's dividend growth over the last five years (2018-2023) was -0.24% year
Strix Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-16 | £0.90 | semi annually | 2023-12-29 |
2023-06-29 | £3.25 | semi annually | 2023-08-11 |
2022-10-06 | £2.75 | semi annually | 2022-10-28 |
2022-05-12 | £5.60 | semi annually | 2022-06-10 |
2021-09-30 | £2.75 | semi annually | 2021-10-07 |
2021-05-06 | £5.25 | semi annually | 2021-06-02 |
2020-10-08 | £2.60 | semi annually | 2020-10-30 |
2020-05-07 | £5.10 | semi annually | 2020-06-03 |
2019-09-26 | £2.60 | semi annually | 2019-10-25 |
2019-05-09 | £4.70 | semi annually | 2019-06-03 |
2018-09-27 | £2.30 | semi annually | 2018-10-26 |
2018-05-03 | £1.90 | semi annually | 2018-06-01 |
2017-11-09 | £1.00 | semi annually | 2017-11-30 |
Strix Dividend per year
Strix Dividend growth
Strix Dividend Yield
Strix current trailing twelve-month (TTM) dividend yield is 1.89%. Interested in purchasing Strix stock? Use our calculator to estimate your expected dividend yield:
Strix Financial Ratios
Strix Dividend FAQ
Other factors to consider when evaluating Strix 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: Strix'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, Strix 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, Strix 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 Strix 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: Strix 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, Strix distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Strix 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 Strix'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 Strix'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.