Wajax Corporation provides sales, parts, and services to construction, forestry, mining, industrial/commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; engines and transmissions; and feller bunchers, felling heads, flail debarkers, forestry processors, forwarders, grinders, log loaders, skidders, track and wheel harvesters, and wood chippers. It also provides bearings, bulk material handling, filtration, fluid handling, hydraulics, industrial electric motors and variable frequency drives, instrumentation, pneumatics, power transmissions, and safety and mill supplies, as well as sealing, belting, lubricants, and hydraulic hoses; combination sweeper scrubbers, container handlers, electric ride scooters, end rider trucks, forklifts, order pickers, pallet stackers and trucks, reach stackers, rider and walk behind sweepers, side loaders, tow tractors, and utility vehicles; and equipment transport, filtration, fluid handling, mining excavators, rigid frame trucks, rope shovel, underground battery powered and drill jumbos, underground haul trucks and loaders, underground roof bolters and scaling machines, and underground utility trucks. In addition, the company offers power generation solutions; and cages and partitions, guarding and barriers, lockers, cabinets, workstations, rack accessories and protections, racking, shelving, and storage platforms, as well as storage system design, installation, and inspection services. The company was formerly known as Wajax Income Fund and changed its name to Wajax Corporation in January 2011. Wajax Corporation was founded in 1858 and is headquartered in Mississauga, Canada.
Wajax Dividend Announcement
• Wajax announced a quarterly dividend of C$0.35 per ordinary share which will be made payable on 2025-01-07. Ex dividend date: 2024-12-16
• Wajax annual dividend for 2024 was C$1.40
• Wajax annual dividend for 2023 was C$1.32
• Wajax's trailing twelve-month (TTM) dividend yield is 5.9%
• Wajax's payout ratio for the trailing twelve months (TTM) is 55.68%
• Wajax's dividend growth over the last five years (2018-2023) was 5.71% year
• Wajax's dividend growth over the last ten years (2013-2023) was -6.84% year
Wajax Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-16 | C$0.35 | quarterly | 2025-01-07 |
| 2024-09-16 | C$0.35 | quarterly | 2024-10-02 |
| 2024-06-14 | C$0.35 | quarterly | 2024-07-03 |
| 2024-03-14 | C$0.35 | quarterly | 2024-04-02 |
| 2023-12-14 | C$0.33 | quarterly | 2024-01-03 |
| 2023-09-14 | C$0.33 | quarterly | 2023-10-03 |
| 2023-06-14 | C$0.33 | quarterly | 2023-07-05 |
| 2023-03-14 | C$0.33 | quarterly | 2023-04-04 |
| 2022-12-14 | C$0.25 | quarterly | 2023-01-04 |
| 2022-09-14 | C$0.25 | quarterly | 2022-10-04 |
| 2022-06-14 | C$0.25 | quarterly | 2022-07-05 |
| 2022-03-14 | C$0.25 | quarterly | 2022-04-05 |
| 2021-12-14 | C$0.25 | quarterly | 2022-01-05 |
| 2021-09-14 | C$0.25 | quarterly | 2021-10-05 |
| 2021-06-14 | C$0.25 | quarterly | 2021-07-06 |
| 2021-03-12 | C$0.25 | quarterly | 2021-04-06 |
| 2020-12-14 | C$0.25 | quarterly | 2021-01-05 |
| 2020-09-14 | C$0.25 | quarterly | 2020-10-02 |
| 2020-06-12 | C$0.25 | quarterly | 2020-07-03 |
| 2020-03-13 | C$0.25 | quarterly | 2020-04-02 |
| 2019-12-13 | C$0.25 | quarterly | 2020-01-03 |
| 2019-09-13 | C$0.25 | quarterly | 2019-10-02 |
| 2019-06-13 | C$0.25 | quarterly | 2019-07-03 |
| 2019-03-28 | C$0.25 | quarterly | 2019-04-02 |
| 2018-12-13 | C$0.25 | quarterly | 2019-01-03 |
| 2018-09-13 | C$0.25 | quarterly | 2018-10-02 |
| 2018-06-14 | C$0.25 | quarterly | 2018-07-04 |
| 2018-03-14 | C$0.25 | quarterly | 2018-04-04 |
| 2017-12-14 | C$0.25 | quarterly | 2018-01-03 |
| 2017-09-14 | C$0.25 | quarterly | 2017-10-03 |
| 2017-06-13 | C$0.25 | quarterly | 2017-07-05 |
| 2017-03-13 | C$0.25 | quarterly | 2017-04-04 |
| 2016-12-13 | C$0.25 | quarterly | 2017-01-04 |
| 2016-09-13 | C$0.25 | quarterly | 2016-10-04 |
| 2016-06-13 | C$0.25 | quarterly | 2016-07-05 |
| 2016-03-11 | C$0.25 | quarterly | 2016-04-04 |
| 2015-12-11 | C$0.25 | quarterly | 2016-01-05 |
| 2015-09-11 | C$0.25 | quarterly | 2015-10-02 |
| 2015-06-11 | C$0.25 | quarterly | 2015-07-03 |
| 2015-03-27 | C$0.08 | quarterly | 2015-04-20 |
| 2015-02-25 | C$0.20 | quarterly | 2015-03-20 |
| 2015-01-28 | C$0.20 | quarterly | 2015-02-20 |
| 2014-12-29 | C$0.20 | quarterly | 2015-01-20 |
| 2014-11-26 | C$0.20 | quarterly | 2014-12-22 |
| 2014-10-29 | C$0.20 | quarterly | 2014-11-20 |
| 2014-09-26 | C$0.20 | quarterly | 2014-10-20 |
| 2014-08-27 | C$0.20 | quarterly | 2014-09-22 |
| 2014-07-29 | C$0.20 | quarterly | 2014-08-20 |
| 2014-06-26 | C$0.20 | quarterly | 2014-07-21 |
| 2014-05-28 | C$0.20 | quarterly | 2014-06-20 |
| 2014-04-28 | C$0.20 | quarterly | 2014-05-20 |
| 2014-03-27 | C$0.20 | quarterly | 2014-04-21 |
| 2014-02-26 | C$0.20 | quarterly | 2014-03-20 |
| 2014-01-29 | C$0.20 | quarterly | 2014-02-20 |
| 2013-12-27 | C$0.20 | quarterly | 2014-01-20 |
| 2013-11-27 | C$0.20 | quarterly | 2013-12-20 |
| 2013-10-29 | C$0.20 | quarterly | 2013-11-20 |
| 2013-09-26 | C$0.20 | quarterly | 2013-10-21 |
| 2013-08-28 | C$0.20 | quarterly | 2013-09-20 |
| 2013-07-29 | C$0.20 | quarterly | 2013-08-20 |
| 2013-06-26 | C$0.20 | quarterly | 2013-07-22 |
| 2013-05-29 | C$0.20 | quarterly | 2013-06-20 |
| 2013-04-26 | C$0.27 | quarterly | 2013-05-21 |
| 2013-03-26 | C$0.27 | quarterly | 2013-04-22 |
| 2013-02-26 | C$0.27 | quarterly | 2013-03-20 |
| 2013-01-29 | C$0.27 | quarterly | 2013-02-20 |
Wajax Dividend per year
Wajax Dividend growth
Wajax Dividend Yield
Wajax current trailing twelve-month (TTM) dividend yield is 5.9%. Interested in purchasing Wajax stock? Use our calculator to estimate your expected dividend yield:
Wajax Financial Ratios
P/E ratio9.61
PEG ratio1.42
P/B ratio0.98
ROE10.40%
Payout ratio55.68%
Current ratio2.10
Quick ratio0.71
Cash Ratio0.00
Wajax Dividend FAQ
How much is the next Wajax dividend?
Wajax's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wajax dividend. The next Wajax dividend will be released in March, June, September, or December.
When is Wajax dividend paid?
Wajax pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Wajax pay?
The specific amount of Wajax 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 Wajax's dividend history.
Does Wajax stock pay dividends?
Yes, Wajax 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 Wajax's dividend history.
How much dividend does Wajax pay?
Wajax paid C$1.4 in 2024, C$1.32 in 2023, C$1.0 in 2022, C$1.0 in 2021, and C$1.0 in 2020.
How often does Wajax pay dividends?
Wajax typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Wajax's dividend yield?
The current dividend yield for Wajax is 5.9%. 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 Wajax's exact dividend yield.
When does Wajax go ex dividend?
Wajax's ex-dividend date for the latest dividend was on 2024-12-16. Wajax 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 Wajax dividend paid?
Wajax pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Wajax 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 Wajax 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 Wajax dividend per share?
Wajax paid C$1.4 per share in 2024 and C$1.32 per share in 2023. The amount of dividend per share that Wajax 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 Wajax 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 Wajax 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 Wajax a dividend stock?
Yes, Wajax is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wajax a good dividend stock?
Whether Wajax is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wajax has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wajax 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 Wajax 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 Wajax pay dividends monthly?
Wajax typically pays dividends on a quarterly basis.
Does Wajax pay dividends quarterly?
Wajax currently pays dividends on a quarterly basis.
Has Wajax ever paid a dividend?
Yes, Wajax has a history of paying dividends to its shareholders. Wajax is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wajax dividend stocks?
To buy Wajax 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 Wajax 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 Wajax 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 Wajax pay dividends 2024?
Wajax pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-07. 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 Wajax increase its dividend in 2024?
Decisions regarding Wajax 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 Wajax dividend overview you can look into the above table of dividend history.
How Wajax dividend works?
The Wajax 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 Wajax's dividend process works:
1. Determination of Dividend: Wajax'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, Wajax 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, Wajax 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 Wajax 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: Wajax'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, Wajax 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, Wajax 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 Wajax 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 Wajax dividends paid?
Wajax dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wajax 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, Wajax distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wajax 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: Wajax 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, Wajax distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wajax 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 Wajax pay dividends?
Wajax typically pays dividends on a quarterly 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 Wajax pay dividends?
The general pattern is that Wajax pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wajax dividend safe?
The safety of Wajax'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 Wajax'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 Wajax'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 Wajax'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 Wajax'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.