The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers slurry handling equipment and associated aftermarket support services for abrasive high-wear applications used in the mining and oil sands markets. The ESCO segment provides ground engaging tools for mining machines. This segment also produces smart and rugged cameras that monitor and provide valuable and timely data on equipment performance, faults, payloads, and rock fragmentation. The company offers its products under the Accumin, Aspir, Cavex, Delta Industrial, Enduron, Envirotech, Floway, GEHO, Gemex, Hazleton, Hydrau-Flo, R. Wales, Isodry, Isogate, Lewis, Linatex, Multiflo, Synertrex, Stampede, Trio, Vulco, FusionCast, ESCO, Motion Metrics, and Warman brands. The company was founded in 1871 and is headquartered in Glasgow, the United Kingdom.
Weir Dividend Announcement
• Weir announced a semi annually dividend of $0.12 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-04
• Weir annual dividend for 2024 was $0.25
• Weir annual dividend for 2023 was $0.23
• Weir's trailing twelve-month (TTM) dividend yield is 2.18%
• Weir's payout ratio for the trailing twelve months (TTM) is 28.88%
• Weir's dividend growth over the last five years (2018-2023) was -4.87% year
• Weir's dividend growth over the last ten years (2013-2023) was 0.10% year
Weir Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-04 | $0.12 | semi annually | 2024-11-06 |
2024-04-18 | $0.13 | semi annually | 2024-06-05 |
2023-10-05 | $0.11 | semi annually | 2023-11-08 |
2023-04-20 | $0.12 | semi annually | 2023-06-08 |
2022-10-06 | $0.08 | semi annually | 2022-11-09 |
2022-04-21 | $0.08 | semi annually | 2022-06-09 |
2021-10-07 | $0.08 | semi annually | 2021-11-10 |
2020-04-23 | $0.20 | semi annually | 2020-06-10 |
2019-10-10 | $0.11 | semi annually | 2019-11-08 |
2019-04-25 | $0.19 | semi annually | 2019-06-11 |
2018-10-11 | $0.10 | semi annually | 2018-11-07 |
2018-04-26 | $0.19 | semi annually | 2018-06-07 |
2017-09-21 | $0.10 | semi annually | 2017-11-08 |
2017-04-26 | $0.19 | semi annually | 2017-06-08 |
2016-09-21 | $0.09 | semi annually | 2016-11-09 |
2016-04-27 | $0.21 | semi annually | |
2015-10-07 | $0.11 | semi annually | |
2015-04-29 | $0.22 | semi annually | |
2014-10-08 | $0.10 | semi annually | |
2014-04-30 | $0.28 | semi annually | |
2013-05-01 | $0.23 | semi annually |
Weir Dividend per year
Weir Dividend growth
Weir Dividend Yield
Weir current trailing twelve-month (TTM) dividend yield is 2.18%. Interested in purchasing Weir stock? Use our calculator to estimate your expected dividend yield:
Weir Financial Ratios
Weir Dividend FAQ
Other factors to consider when evaluating Weir 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: Weir'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, Weir 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, Weir 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 Weir 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: Weir 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, Weir distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Weir 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 Weir'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 Weir'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.