Wittchen S.A. manufactures and sells leather goods for men, women, and kids. It offers classic, tote, shopper, hobo, evening and clutch, messenger, and laptop bags, as well as backpacks; leather goods, such as wallets, cases, briefcases, business card holders, document holders, and organizers; and luggage products, including suitcases, cosmetic cases, travel bags, waist and wrist bags, and travel accessories. The company also provides clothing products comprising jackets, coats, gilets, ponchos, and fur products; shoes consisting of ballerina shoes, sandals and flip flops, high-heeled shoes, jodhpur boots, wedding shoes, cowgirl boots, and shoes and moccasins; and accessories, such as belts, gloves, scarves and shawls, perfumes, umbrellas, winter accessories, key chains, ties and bow ties, pocket squares, hats, and toiletry bags. It operates through a network of approximately 100 sales showrooms in Europe, as well as an online store. The company was founded in 1990 and is based in Nowy Dwór Mazowiecki, Poland. Wittchen S.A. is a subsidiary of Simei Investments Ltd.
Wittchen Dividend Announcement
• Wittchen announced a annually dividend of zł3.57 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-29
• Wittchen annual dividend for 2024 was zł3.57
• Wittchen annual dividend for 2023 was zł3.33
• Wittchen's trailing twelve-month (TTM) dividend yield is 13.92%
• Wittchen's payout ratio for the trailing twelve months (TTM) is 111.75%
Wittchen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-29 | zł3.57 | annually | 2024-08-12 |
2023-06-13 | zł3.33 | annually | 2023-07-05 |
2022-06-02 | zł3.03 | annually | 2022-06-10 |
2019-06-13 | zł1.00 | annually | 2019-06-25 |
2018-05-22 | zł0.84 | annually | 2018-05-30 |
2017-05-23 | zł0.83 | annually | 2017-05-31 |
Wittchen Dividend per year
Wittchen Dividend growth
Wittchen Dividend Yield
Wittchen current trailing twelve-month (TTM) dividend yield is 13.92%. Interested in purchasing Wittchen stock? Use our calculator to estimate your expected dividend yield:
Wittchen Financial Ratios
Wittchen Dividend FAQ
Other factors to consider when evaluating Wittchen 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: Wittchen'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, Wittchen 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, Wittchen 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 Wittchen 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: Wittchen 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, Wittchen distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wittchen 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 Wittchen'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 Wittchen'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.