Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silicas for use in construction, electronics, automotive, health, and renewable energy industries. The Wacker Polymers division provides binders and polymeric additives, such as dispersible polymer powder and vinyl acetate-ethylene dispersions, which are used in construction, paper, adhesive, paint, coating, and basic chemical industries. The Wacker Biosolutions division offers customized biotech and catalog products for fine chemicals, such as pharmaceutical proteins, vaccines, cyclodextrins, cysteine, polyvinyl acetate solid resins, and acetylacetone for pharmaceutical actives, food additives, and agrochemicals. The Wacker Polysilicon division produces hyperpure polysilicon for use in semiconductor and solar sectors. The company was founded in 1914 and is headquartered in Munich, Germany. Wacker Chemie AG is a subsidiary of Dr. Alexander Wacker Familiengesellschaft mbH.
Wacker Chemie Dividend Announcement
• Wacker Chemie announced a annually dividend of $3.23 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-09
• Wacker Chemie annual dividend for 2024 was $3.23
• Wacker Chemie annual dividend for 2023 was $13.01
• Wacker Chemie's trailing twelve-month (TTM) dividend yield is 3.99%
• Wacker Chemie's payout ratio for the trailing twelve months (TTM) is 132.15%
• Wacker Chemie's dividend growth over the last five years (2018-2023) was 19.53% year
Wacker Chemie Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | $3.23 | annually | 2024-05-13 |
2023-05-18 | $13.01 | annually | 2023-05-22 |
2022-05-23 | $8.45 | annually | 2022-05-25 |
2021-05-13 | $2.42 | annually | 2021-05-17 |
2020-08-05 | $0.59 | annually | 2020-08-07 |
2019-05-24 | $2.79 | annually | 2019-05-28 |
2018-05-10 | $5.33 | annually | 2018-05-14 |
2017-05-22 | $2.24 | annually | 2017-05-24 |
2016-05-23 | $2.25 | annually | |
2015-05-11 | $1.68 | annually | |
2014-05-16 | $0.69 | annually |
Wacker Chemie Dividend per year
Wacker Chemie Dividend growth
Wacker Chemie Dividend Yield
Wacker Chemie current trailing twelve-month (TTM) dividend yield is 3.99%. Interested in purchasing Wacker Chemie stock? Use our calculator to estimate your expected dividend yield:
Wacker Chemie Financial Ratios
Wacker Chemie Dividend FAQ
Other factors to consider when evaluating Wacker Chemie 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: Wacker Chemie'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, Wacker Chemie 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, Wacker Chemie 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 Wacker Chemie 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: Wacker Chemie 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, Wacker Chemie distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wacker Chemie 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 Wacker Chemie'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 Wacker Chemie'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.