Texaf S.A. develops, owns, and leases real estate properties in Kinshasa. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 333 homes, including 53 villas and 280 apartments with a residential area of 62,192 square meters; 26,313 square meters of office and retail space; and 30,146 square meters of warehouses, as well as TEXAF digital campus. It also supplies sandstones for use in concrete production, asphalt for roads, and civil engineering projects. The company was founded in 1925 and is headquartered in Brussels, Belgium. Texaf S.A. is a subsidiary of Société Financière Africaine.
Texaf Dividend Announcement
• Texaf announced a annually dividend of €1.15 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-28
• Texaf annual dividend for 2024 was €1.15
• Texaf annual dividend for 2023 was €1.57
• Texaf's trailing twelve-month (TTM) dividend yield is 3.3%
• Texaf's payout ratio for the trailing twelve months (TTM) is 49.59%
• Texaf's dividend growth over the last five years (2018-2023) was 14.05% year
• Texaf's dividend growth over the last ten years (2013-2023) was 16.77% year
Texaf Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | €1.15 | annually | 2024-05-30 |
2023-05-24 | €1.57 | annually | 2023-05-26 |
2022-05-12 | €1.43 | annually | 2022-05-30 |
2021-05-26 | €1.29 | annually | |
2021-05-13 | €1.29 | annually | 2021-05-28 |
2020-05-27 | €1.13 | annually | 2020-05-29 |
2019-05-15 | €0.97 | annually | 2019-05-17 |
2018-05-16 | €0.81 | annually | 2018-05-18 |
2017-05-17 | €0.69 | annually | 2017-05-19 |
2016-05-18 | €0.58 | annually | 2016-05-20 |
2015-05-20 | €0.48 | annually | 2015-05-22 |
2014-05-20 | €0.40 | annually | 2014-05-23 |
2013-05-21 | €0.33 | annually | 2013-05-24 |
Texaf Dividend per year
Texaf Dividend growth
Texaf Dividend Yield
Texaf current trailing twelve-month (TTM) dividend yield is 3.3%. Interested in purchasing Texaf stock? Use our calculator to estimate your expected dividend yield:
Texaf Financial Ratios
Texaf Dividend FAQ
Other factors to consider when evaluating Texaf 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.
Place an order: Use the brokerage's trading platform to place an order to buy Texaf stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Texaf'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, Texaf 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, Texaf 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 Texaf 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: Texaf 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, Texaf distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Texaf 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 Texaf'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 Texaf'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.