TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks, universal cabinets, and swivel chairs, as well as special-purpose products, such as environmental cabinets and containers for hazardous materials under the KAISER+KRAFT brand; and office and business equipment to smaller corporate customers under the Certeo and Büromöbelonline brands. The Office Furniture & Displays segment provides office equipment, including office chairs and desks, conference tables and furniture for reception areas under the National Business Furniture (NBF) and OfficeFurniture.com brands; and advertising banners, digital display stands, mobile trade booths, and fixtures under the Displays2Go's and Mydisplays brands. The Foodservice segment offers meal and food preparation and presentation products, such as pots, pans, ice machines, and deep fryers for hotels, restaurants, and catering. This segment also provides buffet equipment, including serving platters and food baskets under the Hubert brand; and various equipment and supplies required for the operation of small to mid-sized restaurants comprising kitchen stoves and freezers under the Central brand. It offers its products through catalogs, webshops, and telephone sales. The company was founded in 1945 and is based in Stuttgart, Germany. TAKKT AG is a subsidiary of Franz Haniel & Cie. GmbH.
TAKKT Dividend Announcement
• TAKKT announced a annually dividend of €1.00 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-20
• TAKKT annual dividend for 2024 was €1.00
• TAKKT annual dividend for 2023 was €0.40
• TAKKT's trailing twelve-month (TTM) dividend yield is 11.19%
• TAKKT's payout ratio for the trailing twelve months (TTM) is -2755.37%
• TAKKT's dividend growth over the last five years (2018-2023) was -6.17% year
• TAKKT's dividend growth over the last ten years (2013-2023) was 2.26% year
TAKKT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €1.00 | annually | 2024-05-23 |
2023-05-25 | €0.40 | annually | 2023-05-30 |
2022-05-19 | €0.50 | annually | 2022-05-23 |
2021-05-12 | €1.10 | annually | 2021-05-17 |
2020-05-14 | €0.45 | annually | |
2019-05-16 | €0.30 | annually | 2019-05-20 |
2018-05-09 | €0.55 | annually | 2018-05-14 |
2017-05-11 | €0.55 | annually | 2017-05-15 |
2016-05-11 | €0.50 | annually | 2016-05-11 |
2015-05-07 | €0.32 | annually | 2015-05-07 |
2014-05-07 | €0.32 | annually | 2014-05-07 |
2013-05-08 | €0.32 | annually | 2013-05-08 |
TAKKT Dividend per year
TAKKT Dividend growth
TAKKT Dividend Yield
TAKKT current trailing twelve-month (TTM) dividend yield is 11.19%. Interested in purchasing TAKKT stock? Use our calculator to estimate your expected dividend yield:
TAKKT Financial Ratios
TAKKT Dividend FAQ
Other factors to consider when evaluating TAKKT 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: TAKKT'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, TAKKT 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, TAKKT 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 TAKKT 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: TAKKT 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, TAKKT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TAKKT 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 TAKKT'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 TAKKT'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.