Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, scissor lifts, utility equipment, and telehandlers, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, utility and telecommunication lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The MP segment's materials processing and specialty equipment includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands and business lines. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Norwalk, Connecticut.
Terex Dividend Announcement
• Terex announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-11-08
• Terex annual dividend for 2024 was $0.68
• Terex annual dividend for 2023 was $0.64
• Terex's trailing twelve-month (TTM) dividend yield is 1.98%
• Terex's payout ratio for the trailing twelve months (TTM) is 9.78%
• Terex's dividend growth over the last five years (2018-2023) was 9.86% year
• Terex's dividend growth over the last ten years (2013-2023) was 29.04% year
Terex Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.17 | quarterly | 2024-12-19 |
2024-08-09 | $0.17 | quarterly | 2024-09-19 |
2024-06-06 | $0.17 | quarterly | 2024-06-20 |
2024-03-07 | $0.17 | quarterly | 2024-03-19 |
2023-11-08 | $0.17 | quarterly | 2023-12-19 |
2023-08-11 | $0.17 | quarterly | 2023-09-19 |
2023-06-05 | $0.15 | quarterly | 2023-06-20 |
2023-03-08 | $0.15 | quarterly | 2023-03-20 |
2022-11-09 | $0.13 | quarterly | 2022-12-19 |
2022-08-11 | $0.13 | quarterly | 2022-09-19 |
2022-06-03 | $0.13 | quarterly | 2022-06-21 |
2022-03-08 | $0.13 | quarterly | 2022-03-21 |
2021-11-08 | $0.12 | quarterly | 2021-12-17 |
2021-08-11 | $0.12 | quarterly | 2021-09-20 |
2021-06-03 | $0.12 | quarterly | 2021-06-18 |
2021-03-04 | $0.12 | quarterly | 2021-03-19 |
2020-03-05 | $0.12 | quarterly | 2020-03-19 |
2019-11-07 | $0.11 | quarterly | 2019-12-19 |
2019-08-09 | $0.11 | quarterly | 2019-09-19 |
2019-06-06 | $0.11 | quarterly | 2019-06-19 |
2019-03-07 | $0.11 | quarterly | 2019-03-19 |
2018-11-08 | $0.10 | quarterly | 2018-12-19 |
2018-08-08 | $0.10 | quarterly | 2018-09-19 |
2018-06-07 | $0.10 | quarterly | 2018-06-19 |
2018-03-08 | $0.10 | quarterly | 2018-03-19 |
2017-11-08 | $0.08 | quarterly | 2017-12-19 |
2017-08-07 | $0.08 | quarterly | 2017-09-19 |
2017-06-07 | $0.08 | quarterly | 2017-06-19 |
2017-03-08 | $0.08 | quarterly | 2017-03-20 |
2016-11-08 | $0.07 | quarterly | 2016-12-19 |
2016-08-08 | $0.07 | quarterly | 2016-09-19 |
2016-06-08 | $0.07 | quarterly | 2016-06-20 |
2016-03-08 | $0.07 | quarterly | 2016-03-18 |
2015-11-06 | $0.06 | quarterly | 2015-12-18 |
2015-08-06 | $0.06 | quarterly | 2015-09-18 |
2015-06-08 | $0.06 | quarterly | 2015-06-19 |
2015-03-06 | $0.06 | quarterly | 2015-03-19 |
2014-11-06 | $0.05 | quarterly | 2014-12-19 |
2014-08-07 | $0.05 | quarterly | 2014-09-19 |
2014-06-06 | $0.05 | quarterly | 2014-06-19 |
2014-03-06 | $0.05 | quarterly | 2014-03-19 |
2013-12-12 | $0.05 | quarterly | 2013-12-20 |
Terex Dividend per year
Terex Dividend growth
Terex Dividend Yield
Terex current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Terex stock? Use our calculator to estimate your expected dividend yield:
Terex Financial Ratios
Terex Dividend FAQ
Other factors to consider when evaluating Terex 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: Terex'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, Terex 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, Terex 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 Terex 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: Terex 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, Terex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Terex 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 Terex'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 Terex'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.