Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates 150 chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, jeep, Kia, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Toyota, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, Mazda, MG, Nissan, Peugeot, Renault, SEAT, SKÖDA, and Vauxhall. In addition, it operates as a pension scheme trustee; and provides vehicle financing and related insurance products. Further, the company is involved in the online van and parts retailing; and online advertising businesses. It operates through a network of 160 sales and aftersales outlets in 121 locations. Vertu Motors plc was incorporated in 2006 and is headquartered in Gateshead, the United Kingdom.
Vertu Motors Dividend Announcement
• Vertu Motors announced a semi annually dividend of £0.90 per ordinary share which will be made payable on 2025-01-17. Ex dividend date: 2024-12-12
• Vertu Motors annual dividend for 2024 was £2.40
• Vertu Motors annual dividend for 2023 was £2.30
• Vertu Motors's trailing twelve-month (TTM) dividend yield is 3.92%
• Vertu Motors's payout ratio for the trailing twelve months (TTM) is 40.93%
Vertu Motors Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | £0.90 | semi annually | 2025-01-17 |
2024-06-27 | £1.50 | semi annually | 2024-07-26 |
2023-12-14 | £0.85 | semi annually | 2024-01-19 |
2023-06-29 | £1.45 | semi annually | 2023-07-28 |
2022-12-15 | £0.70 | semi annually | 2023-01-20 |
2022-06-30 | £1.05 | semi annually | 2022-07-29 |
2021-12-16 | £0.65 | semi annually | 2022-01-21 |
2019-12-05 | £0.60 | semi annually | 2020-01-17 |
2019-06-27 | £1.05 | semi annually | 2019-07-29 |
2018-12-06 | £0.55 | semi annually | 2019-01-18 |
2018-06-21 | £0.95 | semi annually | 2018-07-30 |
2017-12-07 | £0.55 | semi annually | 2018-01-19 |
2017-06-29 | £0.90 | semi annually | 2017-07-31 |
2016-12-22 | £0.50 | semi annually | 2017-01-20 |
2016-06-23 | £0.85 | semi annually | 2016-07-26 |
2015-12-24 | £0.45 | semi annually | 2016-01-22 |
2015-06-25 | £0.70 | semi annually | 2015-07-28 |
2014-12-29 | £0.35 | semi annually | 2015-01-23 |
2014-06-25 | £0.50 | semi annually | 2014-07-29 |
2013-12-23 | £0.30 | semi annually | 2014-01-24 |
2013-06-26 | £0.45 | semi annually | 2013-07-29 |
2013-01-02 | £0.25 | semi annually | 2013-01-25 |
2012-06-13 | £0.40 | semi annually | 2012-07-27 |
2012-01-04 | £0.20 | semi annually | 2012-01-27 |
Vertu Motors Dividend per year
Vertu Motors Dividend growth
Vertu Motors Dividend Yield
Vertu Motors current trailing twelve-month (TTM) dividend yield is 3.92%. Interested in purchasing Vertu Motors stock? Use our calculator to estimate your expected dividend yield:
Vertu Motors Financial Ratios
Vertu Motors Dividend FAQ
Other factors to consider when evaluating Vertu Motors 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: Vertu Motors'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, Vertu Motors 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, Vertu Motors 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 Vertu Motors 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: Vertu Motors 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, Vertu Motors distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vertu Motors 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 Vertu Motors'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 Vertu Motors'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.