Türk Traktör ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. The company also offers construction equipment, such as skid steer loaders, backhoe loaders, compact wheel loaders, wheel loaders, mini excavators, crawler excavators, and telehandlers. It offers tractors under the New Holland, Case IH, and Steyr brand names. In addition, the company provides after sale services. It sells its products through a network of 123 tractor dealers, 143 spare part dealers, and 42 construction equipment dealers in Turkey, as well as exports its products to approximately 130 countries. The company was formerly known as Minneapolis Moline Türk Traktör ve Ziraat Makineleri A.S. and changed its name to Türk Traktör ve Ziraat Makineleri A.S. in 1968. Türk Traktör ve Ziraat Makineleri A.S. was founded in 1954 and is headquartered in Ankara, Turkey.
Türk Traktör ve Ziraat Makineleri Dividend Announcement
• Türk Traktör ve Ziraat Makineleri announced a semi annually dividend of ₺26.98 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-11-08
• Türk Traktör ve Ziraat Makineleri annual dividend for 2024 was ₺89.94
• Türk Traktör ve Ziraat Makineleri annual dividend for 2023 was ₺39.35
• Türk Traktör ve Ziraat Makineleri's trailing twelve-month (TTM) dividend yield is 12.18%
• Türk Traktör ve Ziraat Makineleri's payout ratio for the trailing twelve months (TTM) is 110.74%
Türk Traktör ve Ziraat Makineleri Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | ₺26.98 | semi annually | 2024-11-12 |
2024-04-01 | ₺62.96 | semi annually | 2024-04-03 |
2023-03-10 | ₺39.35 | semi annually | 2023-03-14 |
2022-03-28 | ₺22.48 | semi annually | 2022-03-30 |
2021-03-25 | ₺15.93 | semi annually | 2021-03-29 |
2020-03-20 | ₺1.87 | semi annually | 2020-03-24 |
2018-03-21 | ₺5.62 | semi annually | 2018-03-23 |
2017-04-03 | ₺4.68 | semi annually | 2017-04-05 |
2016-04-01 | ₺5.62 | semi annually | |
2015-10-30 | ₺1.87 | semi annually | |
2015-03-25 | ₺3.75 | semi annually | |
2014-03-31 | ₺5.62 | semi annually | |
2013-03-25 | ₺3.75 | semi annually | |
2012-04-09 | ₺3.75 | semi annually |
Türk Traktör ve Ziraat Makineleri Dividend per year
Türk Traktör ve Ziraat Makineleri Dividend growth
Türk Traktör ve Ziraat Makineleri Dividend Yield
Türk Traktör ve Ziraat Makineleri current trailing twelve-month (TTM) dividend yield is 12.18%. Interested in purchasing Türk Traktör ve Ziraat Makineleri stock? Use our calculator to estimate your expected dividend yield:
Türk Traktör ve Ziraat Makineleri Financial Ratios
Türk Traktör ve Ziraat Makineleri Dividend FAQ
Other factors to consider when evaluating Türk Traktör ve Ziraat Makineleri 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: Türk Traktör ve Ziraat Makineleri'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, Türk Traktör ve Ziraat Makineleri 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, Türk Traktör ve Ziraat Makineleri 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 Türk Traktör ve Ziraat Makineleri 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: Türk Traktör ve Ziraat Makineleri 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, Türk Traktör ve Ziraat Makineleri distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Türk Traktör ve Ziraat Makineleri 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 Türk Traktör ve Ziraat Makineleri'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 Türk Traktör ve Ziraat Makineleri'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.