Technogym S.p.A., a wellness company, designs, manufactures, and sells fitness equipment worldwide. The company offers a range of wellness, physical exercise, and rehabilitation solutions. Its products include treadmills, exercise bikes, elliptical cross trainers, rowers, stair climbers, upper body trainers, selectorized equipment, plate loaded equipment, multigyms and cable stations, benches and racks, free weights, functional training equipment, and stretching equipment; and exercise tools, such as exercise mat, floor mat, set loop band resistance, elastic bands, power band resistance, jump rope, foam roller, wellness ball, balance pad, balance dome, slam ball, and medicine ball, as well as personal line products. The company markets its products to fitness and wellness clubs; hospitality and residential; health, corporate, and performance; and home and consumer segments through field and inside sales, retail, and wholesale channels. Technogym S.p.A. was founded in 1983 and is headquartered in Cesena, Italy.
Technogym Dividend Announcement
• Technogym announced a annually dividend of €0.26 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• Technogym annual dividend for 2024 was €0.26
• Technogym annual dividend for 2023 was €0.25
• Technogym's trailing twelve-month (TTM) dividend yield is 2.61%
• Technogym's payout ratio for the trailing twelve months (TTM) is 71.97%
Technogym Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.26 | annually | 2024-05-22 |
2023-05-22 | €0.25 | annually | 2023-05-24 |
2022-05-23 | €0.16 | annually | 2022-05-25 |
2021-05-24 | €0.22 | annually | 2021-05-26 |
2019-05-20 | €0.18 | annually | 2019-05-22 |
2018-05-21 | €0.09 | annually | 2018-05-23 |
2017-05-15 | €0.07 | annually | 2017-05-17 |
Technogym Dividend per year
Technogym Dividend growth
Technogym Dividend Yield
Technogym current trailing twelve-month (TTM) dividend yield is 2.61%. Interested in purchasing Technogym stock? Use our calculator to estimate your expected dividend yield:
Technogym Financial Ratios
Technogym Dividend FAQ
Other factors to consider when evaluating Technogym 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: Technogym'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, Technogym 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, Technogym 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 Technogym 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: Technogym 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, Technogym distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Technogym 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 Technogym'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 Technogym'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.