Waterco Limited engages in the manufacture, wholesale, and export of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump, and water treatment industries in Australia, New Zealand, Asia, North America, and Europe. It also manufactures and sells solar heating systems for swimming pools and pre-heat industrial solar systems. The company's pool and spa products, including mineral salts, mineral ozone, chlorine free spas, pool cleaning minerals, pumps, filters, filter media, commercial chemical dosers, heating products, salt water chlorinators, controllers and automation products, pool lighting products, suction and robotic cleaners, recirculation accessories, blowers and valves, spa equipment, chemical pool products, and maintenance accessories, as well as commercial filters, pumps, heating, and accessories. Its water treatment products include commercial filter media and cooling water filtration products, cartridge and bag filters, centrifugal filters, and fiberglass media filters; and residential pressure pumps and water filters, centrifugal filters, and drinking water purifiers. The company also provides aquaculture equipment, such as aquabiome mechanical and biological filters, aquaculture heating and pumps, bio-mec bead media, multicyclones, and spa airflo blowers. In addition, the company franchises retail outlets for swimming pool equipment and accessories. Further, it engages in formulating, packing, and distributing swimming pool chemicals to independent pool stores and stores in its Swimart franchise network. It operates 68 retail stores and 6 mobile franchises under the Swimart names; 10 WaterShoppe stores; and Zane Solar Systems, which consists of 38 dealer networks. Waterco Limited was incorporated in 1981 and is based in Rydalmere, Australia.
Waterco Dividend Announcement
• Waterco announced a semi annually dividend of A$0.08 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-29
• Waterco annual dividend for 2024 was A$0.15
• Waterco annual dividend for 2023 was A$0.10
• Waterco's trailing twelve-month (TTM) dividend yield is 2.19%
• Waterco's payout ratio for the trailing twelve months (TTM) is 30.47%
• Waterco's dividend growth over the last five years (2018-2023) was 14.87% year
• Waterco's dividend growth over the last ten years (2013-2023) was 3.63% year
Waterco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-29 | A$0.08 | semi annually | 2024-11-15 |
2024-05-02 | A$0.07 | semi annually | 2024-05-15 |
2023-11-08 | A$0.05 | semi annually | 2023-12-15 |
2023-05-04 | A$0.05 | semi annually | 2023-06-15 |
2022-11-08 | A$0.05 | semi annually | 2022-12-15 |
2022-05-04 | A$0.03 | semi annually | 2022-06-15 |
2021-11-08 | A$0.04 | semi annually | 2021-12-15 |
2021-05-04 | A$0.03 | semi annually | 2021-06-15 |
2020-11-05 | A$0.03 | semi annually | 2020-12-16 |
2020-05-04 | A$0.02 | semi annually | 2020-06-15 |
2019-11-06 | A$0.03 | semi annually | 2019-12-16 |
2019-05-02 | A$0.02 | semi annually | 2019-06-14 |
2018-11-07 | A$0.03 | semi annually | 2018-12-14 |
2018-05-03 | A$0.02 | semi annually | 2018-06-15 |
2017-11-08 | A$0.02 | semi annually | 2017-12-14 |
2017-05-04 | A$0.02 | semi annually | 2017-06-15 |
2016-11-10 | A$0.03 | semi annually | 2016-12-15 |
2016-05-05 | A$0.02 | semi annually | 2016-06-15 |
2015-11-10 | A$0.05 | semi annually | 2015-12-14 |
2014-11-09 | A$0.03 | semi annually | 2014-12-15 |
2014-05-07 | A$0.03 | semi annually | 2014-06-16 |
2013-11-10 | A$0.04 | semi annually | 2013-12-16 |
2013-05-06 | A$0.03 | semi annually | 2013-06-14 |
Waterco Dividend per year
Waterco Dividend growth
Waterco Dividend Yield
Waterco current trailing twelve-month (TTM) dividend yield is 2.19%. Interested in purchasing Waterco stock? Use our calculator to estimate your expected dividend yield:
Waterco Financial Ratios
Waterco Dividend FAQ
Other factors to consider when evaluating Waterco 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: Waterco'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, Waterco 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, Waterco 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 Waterco 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: Waterco 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, Waterco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Waterco 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 Waterco'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 Waterco'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.