Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.
Velan Dividend Announcement
• Velan announced a annually dividend of C$0.03 per ordinary share which will be made payable on 2023-06-30. Ex dividend date: 2023-06-15
• Velan annual dividend for 2023 was C$0.03
• Velan's trailing twelve-month (TTM) dividend yield is -%
Velan Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-06-15 | C$0.03 | annually | 2023-06-30 |
| 2022-06-16 | C$0.03 | annually | 2022-06-30 |
| 2020-03-11 | C$0.03 | annually | 2020-03-27 |
| 2019-12-11 | C$0.03 | annually | 2019-12-27 |
| 2019-09-12 | C$0.03 | annually | 2019-09-30 |
| 2019-06-13 | C$0.03 | annually | 2019-06-28 |
| 2019-03-14 | C$0.03 | annually | 2019-03-29 |
| 2018-12-13 | C$0.03 | annually | 2018-12-28 |
| 2018-09-13 | C$0.03 | annually | 2018-09-28 |
| 2018-06-14 | C$0.03 | annually | 2018-06-29 |
| 2018-03-14 | C$0.10 | annually | 2018-03-29 |
| 2017-12-14 | C$0.10 | annually | 2017-12-29 |
| 2017-09-14 | C$0.10 | annually | 2017-09-29 |
| 2017-06-13 | C$0.10 | annually | 2017-06-30 |
| 2017-03-13 | C$0.10 | annually | 2017-03-31 |
| 2016-12-13 | C$0.10 | annually | 2016-12-30 |
| 2016-09-13 | C$0.10 | annually | 2016-09-30 |
| 2016-06-13 | C$0.10 | annually | 2016-06-30 |
| 2016-03-11 | C$0.10 | annually | 2016-03-31 |
| 2015-12-11 | C$0.10 | annually | 2015-12-31 |
| 2015-06-11 | C$0.10 | annually | 2015-06-30 |
| 2015-03-12 | C$0.10 | annually | 2015-03-31 |
| 2014-12-11 | C$0.10 | annually | 2014-12-31 |
| 2014-09-11 | C$0.10 | annually | 2014-09-30 |
| 2014-06-12 | C$0.10 | annually | 2014-06-30 |
| 2014-03-13 | C$0.08 | annually | 2014-03-31 |
| 2013-12-12 | C$0.08 | annually | 2013-12-31 |
| 2013-09-11 | C$0.08 | annually | 2013-09-30 |
| 2013-06-12 | C$0.08 | annually | 2013-06-28 |
| 2013-03-13 | C$0.08 | annually | 2013-03-29 |
| 2012-12-12 | C$0.08 | annually | 2012-12-31 |
| 2012-09-12 | C$0.08 | annually | 2012-09-28 |
| 2012-06-13 | C$0.08 | annually | 2012-06-29 |
| 2012-03-13 | C$0.08 | annually | 2012-03-30 |
| 2011-12-13 | C$0.08 | annually | 2011-12-30 |
| 2011-09-13 | C$0.08 | annually | 2011-09-30 |
| 2011-06-13 | C$0.08 | annually | 2011-06-30 |
| 2011-03-11 | C$0.08 | annually | 2011-03-31 |
Velan Dividend per year
Velan Dividend growth
Velan Dividend Yield
Velan current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Velan stock? Use our calculator to estimate your expected dividend yield:
Velan Financial Ratios
P/E ratio-17.31
PEG ratio0.33
P/B ratio0.98
ROE-5.65%
Payout ratio0.00%
Current ratio2.55
Quick ratio1.13
Cash Ratio0.28
Velan Dividend FAQ
How much is the next Velan dividend?
Velan's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Velan dividend. The next Velan dividend will be released in June.
When is Velan dividend paid?
Velan pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Velan pay?
The specific amount of Velan dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Velan's dividend history.
Does Velan stock pay dividends?
Yes, Velan does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Velan's dividend history.
How much dividend does Velan pay?
Velan paid C$0.0 in 2024, C$0.03 in 2023, C$0.03 in 2022, C$0.0 in 2021, and C$0.03 in 2020.
How often does Velan pay dividends?
Velan typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Velan's dividend yield?
The current dividend yield for Velan is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Velan's exact dividend yield.
When does Velan go ex dividend?
Velan's ex-dividend date for the latest dividend was on 2023-06-15. Velan typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Velan dividend paid?
Velan pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Velan increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Velan will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Velan dividend per share?
Velan paid C$0.0 per share in 2024 and C$0.03 per share in 2023. The amount of dividend per share that Velan pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Velan a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Velan a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Velan a dividend stock?
Yes, Velan is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Velan a good dividend stock?
Whether Velan is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Velan has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Velan 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.
Other factors to consider when evaluating Velan 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.
Does Velan pay dividends monthly?
Velan typically pays dividends on a annually basis.
Does Velan pay dividends quarterly?
Velan currently pays dividends on a annually basis.
Has Velan ever paid a dividend?
Yes, Velan has a history of paying dividends to its shareholders. Velan is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Velan dividend stocks?
To buy Velan you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Velan 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.
Place an order: Use the brokerage's trading platform to place an order to buy Velan 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.
When does Velan pay dividends 2024?
Velan pays dividends on a annually basis. 2024 dividend payments are in 2023-06-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Velan increase its dividend in 2024?
Decisions regarding Velan dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Velan dividend overview you can look into the above table of dividend history.
How Velan dividend works?
The Velan dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Velan's dividend process works:
1. Determination of Dividend: Velan'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, Velan 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, Velan 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 Velan 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. Determination of Dividend: Velan'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, Velan 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, Velan 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 Velan 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.
How are Velan dividends paid?
Velan dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Velan 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, Velan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Velan 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.
1. Record Date: Velan 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, Velan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Velan 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.
How many times does Velan pay dividends?
Velan typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Velan pay dividends?
The general pattern is that Velan pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Velan dividend safe?
The safety of Velan's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Velan'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 Velan'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.
To assess the safety of Velan'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 Velan'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.