Dividend Overview
Appen (APXYY) pays a semi-annual dividend to its shareholders. The current dividend yield is 1.21%, which means that for every $100 invested at the current price, investors would receive approximately $1.21 in dividends per year (this can change based on future dividend payments and price movements).
About APXYY's Dividend
Appen pays a semi-annual dividend. The total annual dividend is approximately $0.06 per share, meaning for each share you own, you'll receive about $0.06 in dividends over the course of a year.
The most recent ex-dividend date was March 04, 2022. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
APXYY Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.020278 | 1.21% | March 04, 2022 | March 07, 2022 | April 04, 2022 | |
| $0.016283 | 0.33% | September 03, 2021 | September 07, 2021 | October 12, 2021 | |
| $0.02126 | 0.22% | March 05, 2021 | March 08, 2021 | April 05, 2021 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for APXYY
- Dividend & Capex Coverage Ratio: -0.05x Weak coverage
- Dividend Frequency: Semi-Annual
What These Indicators Mean
The Dividend & Capex Coverage Ratio of -0.05x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates Appen may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
Appen's semi-annual dividend structure provides the company with increased financial flexibility compared to more frequent payments, while still delivering regular income to investors.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.