Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The High Performance Metals segment offers special alloys for the oil and natural gas, aerospace, and energy engineering industries; tool manufacturing, component processing, heat treatment, and coating services; and warehousing and preprocessing of special steels, as well as services, including logistics, distribution, and processing for the oil and natural gas industries for automotive, white goods/consumer goods, building/construction, aerospace, mechanical engineering, and others. The Metal Engineering division offers rails and turnout products, rod and drawn wires, seamless tubes, and welding consumables and machinery; rails and digital monitoring systems; and services for rail infrastructure. This segment serves railway systems, automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The Metal Forming division manufactures special tubes and sections, and precision strip steel products, as well as pre-finished system components made from pressed, stamped, and roll-profiled parts for use in automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. The company is headquartered in Linz, Austria.
Voestalpine Dividend Announcement
• Voestalpine announced a annually dividend of $0.15 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-12
• Voestalpine annual dividend for 2024 was $0.15
• Voestalpine annual dividend for 2023 was $0.33
• Voestalpine's trailing twelve-month (TTM) dividend yield is 4.0%
• Voestalpine's dividend growth over the last five years (2018-2023) was 0.05% year
• Voestalpine's dividend growth over the last ten years (2013-2023) was 3.22% year
Voestalpine Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | $0.15 | annually | 2024-07-31 |
2023-07-13 | $0.33 | annually | 2023-08-02 |
2022-07-14 | $0.25 | annually | 2022-08-02 |
2021-07-15 | $0.12 | annually | 2021-08-03 |
2020-07-09 | $0.05 | annually | 2020-07-28 |
2019-07-11 | $0.25 | annually | 2019-07-30 |
2018-07-12 | $0.33 | annually | 2018-07-31 |
2017-07-12 | $0.25 | annually | 2017-08-01 |
2016-07-13 | $0.23 | annually | 2016-08-02 |
2015-06-30 | $0.22 | annually | 2015-07-28 |
2014-07-01 | $0.26 | annually | 2014-07-29 |
2013-07-02 | $0.24 | annually | 2013-07-30 |
Voestalpine Dividend per year
Voestalpine Dividend growth
Voestalpine Dividend Yield
Voestalpine current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Voestalpine stock? Use our calculator to estimate your expected dividend yield:
Voestalpine Financial Ratios
Voestalpine Dividend FAQ
Other factors to consider when evaluating Voestalpine 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: Voestalpine'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, Voestalpine 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, Voestalpine 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 Voestalpine 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: Voestalpine 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, Voestalpine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Voestalpine 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 Voestalpine'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 Voestalpine'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.