TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The company's Airframe segment provides engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, cockpit security components and systems, cockpit displays, engineered audio, radio and antenna systems, lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, thermal protection and insulation products, lighting and control technology, and parachutes. This segment serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. Its Non-aviation segment offers seat belts and safety restraints for ground transportation applications; electro-mechanical actuators for space applications; hydraulic/electromechanical actuators and fuel valves for land-based gas turbines; refueling systems for heavy equipment used in mining, construction, and other industries; and turbine controls for the energy and oil and gas markets. This segment serves off-road vehicle and subsystem suppliers, child restraint system suppliers, and satellite and space system suppliers; and manufacturers of heavy equipment. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio.
TransDigm Dividend Announcement
• TransDigm announced a annually dividend of $75.00 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-04
• TransDigm annual dividend for 2024 was $75.00
• TransDigm annual dividend for 2023 was $35.00
• TransDigm 's trailing twelve-month (TTM) dividend yield is 8.14%
• TransDigm 's payout ratio for the trailing twelve months (TTM) is 126.35%
TransDigm Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-04 | $75.00 | annually | 2024-10-18 |
2023-11-17 | $35.00 | annually | 2023-11-27 |
2022-08-18 | $18.50 | annually | 2022-08-26 |
2019-12-27 | $32.50 | annually | 2020-01-07 |
2019-08-15 | $30.00 | annually | 2019-08-23 |
2017-08-31 | $22.00 | annually | 2017-09-12 |
2016-10-20 | $24.00 | annually | 2016-11-01 |
2014-06-12 | $25.00 | annually | 2014-06-26 |
2013-07-11 | $22.00 | annually | 2013-07-25 |
2012-10-23 | $12.85 | annually | 2012-11-05 |
2009-10-14 | $7.65 | annually | 2009-10-26 |
TransDigm Dividend per year
TransDigm Dividend growth
TransDigm Dividend Yield
TransDigm current trailing twelve-month (TTM) dividend yield is 8.14%. Interested in purchasing TransDigm stock? Use our calculator to estimate your expected dividend yield:
TransDigm Financial Ratios
TransDigm Dividend FAQ
Other factors to consider when evaluating TransDigm 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: TransDigm '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, TransDigm 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, TransDigm 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 TransDigm 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: TransDigm 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, TransDigm distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TransDigm 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 TransDigm '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 TransDigm '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.