Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide. It operates through four segments: Agro, Bio-Valorization, Industrial Solutions, and T-Power. The Agro segment engages in the production, marketing, and trading of crop nutrients, including liquid crop and potassium sulfate fertilizers, as well as crop protection products. This segment offers its specialty fertilizers under the Thio-Sul, KTS, K-Row 23, CaTs, GranuPotasse, SoluPotasse, and K-Leaf brands; agriculture herbicides under the LINEX and VELPAR brand names; SEVIN, an agricultural insecticide; and SECTAGON, an agricultural fumigant. The Bio-Valorization segment produces, sells, and trades in gelatins and collagen peptides, and proteins and fats for food, pharma, health and nutrition, pet food, agriculture, aqua feed, animal feed, energy, biodiesel, oleo-chemistry, and sanitary markets. The Industrial Solutions segment is involved in the production, sale, and trading of plastic pipe systems; water treatment chemicals; and other industrial activities, such as the production and sale of mining and industrial auxiliaries, and delivery of services for the treatment and disposal of produced and flowback water from oil and gas exploration, as well as the recovery of industrial process fluids. The T-Power segment produces electricity through a combined cycle gas turbine of 425 MW capacity. It serves agriculture, food, industry, construction, health, and consumer goods end markets. The company was formerly known as Tessenderlo Chemie nv and changed its name to Tessenderlo Group NV in June 2017. The company was founded in 1919 and is headquartered in Brussels, Belgium. Tessenderlo Group NV is a subsidiary of Verbrugge NV.
Tessenderlo Dividend Announcement
• Tessenderlo announced a annually dividend of €0.75 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-05
• Tessenderlo annual dividend for 2024 was €0.75
• Tessenderlo annual dividend for 2023 was €0.75
• Tessenderlo's trailing twelve-month (TTM) dividend yield is 3.39%
• Tessenderlo's payout ratio for the trailing twelve months (TTM) is 60.34%
Tessenderlo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-05 | €0.75 | annually | 2024-06-07 |
2023-05-31 | €0.75 | annually | 2023-06-02 |
2013-06-06 | €1.33 | annually | 2013-07-15 |
2012-06-07 | €1.33 | annually | 2012-07-16 |
2011-06-09 | €1.33 | annually | 2011-07-18 |
2010-06-03 | €1.33 | annually | 2010-07-15 |
2009-06-04 | €1.33 | annually | 2009-06-09 |
2008-06-10 | €1.27 | annually | 2008-06-10 |
2007-06-08 | €1.20 | annually | 2007-06-08 |
2006-06-09 | €1.20 | annually | 2006-06-09 |
2005-08-30 | €0.06 | annually | |
2005-06-10 | €1.20 | annually | 2005-06-10 |
2004-08-30 | €0.06 | annually | |
2004-06-04 | €1.13 | annually | 2004-06-04 |
Tessenderlo Dividend per year
Tessenderlo Dividend growth
Tessenderlo Dividend Yield
Tessenderlo current trailing twelve-month (TTM) dividend yield is 3.39%. Interested in purchasing Tessenderlo stock? Use our calculator to estimate your expected dividend yield:
Tessenderlo Financial Ratios
Tessenderlo Dividend FAQ
Other factors to consider when evaluating Tessenderlo 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: Tessenderlo'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, Tessenderlo 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, Tessenderlo 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 Tessenderlo 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: Tessenderlo 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, Tessenderlo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tessenderlo 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 Tessenderlo'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 Tessenderlo'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.