Tupy S.A., together with its subsidiaries, engages in the development, manufacture, and sale of cast iron structural components in Brazil, the Americas, Europe, and Asia. The company operates in two segments, Transportation, Infrastructure & Agriculture; and Hydraulics. It offers engine blocks, cylinder heads, brakes, transmission, steering, axle, and suspension components for the manufacturers of engines, passenger vehicles, commercial vehicles, construction machines, tractors, agricultural machines, and power generators. The company also provides flexible iron connections for the construction industry; and cast-iron shapes for general use. In addition, it offers continuous cast bars under the FUCO brands and pipe fittings for use in civil construction, sanitation, irrigation, and oil and gas industries. Tupy S.A. was founded in 1938 and is headquartered in Joinville, Brazil.
Tupy Dividend Announcement
• Tupy announced a quarterly dividend of R$0.15 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-05-31
• Tupy annual dividend for 2024 was R$0.41
• Tupy annual dividend for 2023 was R$1.49
• Tupy's trailing twelve-month (TTM) dividend yield is 1.83%
• Tupy's payout ratio for the trailing twelve months (TTM) is 43.59%
Tupy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | R$0.15 | quarterly | 2024-10-31 |
2024-01-23 | R$0.26 | quarterly | 2024-07-31 |
2023-10-26 | R$0.26 | quarterly | 2024-03-26 |
2023-09-26 | R$0.26 | quarterly | |
2023-05-02 | R$0.74 | quarterly | 2023-10-17 |
2023-01-02 | R$0.23 | quarterly | 2023-04-04 |
2022-11-01 | R$0.22 | quarterly | 2022-11-10 |
2021-12-30 | R$0.15 | quarterly | 2022-01-27 |
2021-11-19 | R$0.14 | quarterly | 2021-11-25 |
2021-08-20 | R$0.14 | quarterly | 2021-08-26 |
2019-05-22 | R$0.17 | quarterly | 2019-06-18 |
2019-03-20 | R$0.95 | quarterly | 2019-03-28 |
2018-11-13 | R$0.35 | quarterly | 2018-11-26 |
2018-08-14 | R$0.26 | quarterly | 2018-08-24 |
2018-05-15 | R$0.26 | quarterly | 2018-05-25 |
2018-03-19 | R$0.35 | quarterly | 2018-03-28 |
2017-11-21 | R$0.35 | quarterly | 2017-11-30 |
2017-08-21 | R$0.35 | quarterly | 2017-08-31 |
2017-06-14 | R$0.35 | quarterly | 2017-06-28 |
2017-04-04 | R$0.11 | quarterly | 2017-04-13 |
2016-11-17 | R$0.17 | quarterly | |
2016-11-08 | R$0.11 | quarterly | |
2016-08-11 | R$0.30 | quarterly | |
2015-08-14 | R$0.74 | quarterly | |
2014-12-18 | R$0.18 | quarterly | |
2014-04-14 | R$0.17 | quarterly | |
2013-04-15 | R$0.06 | quarterly | |
2012-05-02 | R$0.64 | quarterly |
Tupy Dividend per year
Tupy Dividend growth
Tupy Dividend Yield
Tupy current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing Tupy stock? Use our calculator to estimate your expected dividend yield:
Tupy Financial Ratios
Tupy Dividend FAQ
Other factors to consider when evaluating Tupy 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: Tupy'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, Tupy 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, Tupy 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 Tupy 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: Tupy 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, Tupy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tupy 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 Tupy'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 Tupy'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.