Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as box builds, wire and cable harnesses, electrical control panels, electromechanical assemblies and systems, printed circuit board assemblies, and ruggedized harness and overmoulding, as well as high mix and low volume manufacturing. The company also offers high-speed copper interconnect/data transfer cables; electric vehicle charging solutions; data centre power cables and power cords; and power cords, plugs, connectors, and receptacles. Its products are used in complex industrial technology, consumer electronics, electric vehicle, and medical markets. The company sells its products through distributors to original equipment manufacturers and electronic manufacturing services companies. Volex plc was incorporated in 1919 and is headquartered in Basingstoke, the United Kingdom.
Volex Dividend Announcement
• Volex announced a semi annually dividend of £2.18 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-07-25
• Volex annual dividend for 2024 was £2.18
• Volex annual dividend for 2023 was £3.12
• Volex's trailing twelve-month (TTM) dividend yield is 0.95%
• Volex's payout ratio for the trailing twelve months (TTM) is 17.05%
Volex Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-25 | £2.18 | semi annually | 2024-08-30 |
2023-11-30 | £1.11 | semi annually | 2024-01-10 |
2023-07-20 | £2.02 | semi annually | 2023-08-25 |
2022-11-17 | £1.30 | semi annually | 2022-12-16 |
2022-07-21 | £2.40 | semi annually | 2022-08-26 |
2021-11-18 | £0.89 | semi annually | 2021-12-14 |
2021-07-15 | £1.59 | semi annually | 2021-08-06 |
2020-11-19 | £0.83 | semi annually | 2020-12-15 |
2020-07-16 | £1.59 | semi annually | 2020-08-07 |
2020-01-09 | £0.77 | semi annually | 2020-02-05 |
2013-09-04 | £1.26 | semi annually | 2013-10-17 |
2013-01-09 | £0.77 | semi annually | 2013-02-15 |
2012-07-25 | £1.20 | semi annually | 2012-08-24 |
2012-01-04 | £0.62 | semi annually | 2012-02-17 |
2011-07-27 | £1.22 | semi annually | 2011-08-26 |
2001-12-19 | £3.79 | semi annually | 2002-01-22 |
2001-09-05 | £12.78 | semi annually | 2001-10-01 |
2000-12-18 | £6.38 | semi annually | 2001-01-22 |
2000-08-29 | £11.67 | semi annually | 2000-10-02 |
1999-12-20 | £5.39 | semi annually | 2000-02-01 |
1999-08-31 | £9.85 | semi annually | 1999-10-01 |
1998-12-21 | £4.89 | semi annually | 1999-04-06 |
1998-09-01 | £8.82 | semi annually | 1998-10-01 |
Volex Dividend per year
Volex Dividend growth
Volex Dividend Yield
Volex current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Volex stock? Use our calculator to estimate your expected dividend yield:
Volex Financial Ratios
Volex Dividend FAQ
Other factors to consider when evaluating Volex 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: Volex'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, Volex 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, Volex 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 Volex 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: Volex 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, Volex distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Volex 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 Volex'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 Volex'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.