BlackBerry (BB.TO) Dividends
Market Cap: $2.77B
Avg Volume: 2.75M
Industry: Software - Infrastructure
Sector: Technology
Dividend Overview
BlackBerry (BB.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 70.29%, which means that for every $100 invested at the current price, investors would receive approximately $70.29 in dividends per year (this can change based on future dividend payments and price movements).
About BB.TO's Dividend
BlackBerry pays a quarterly dividend of $16.02 per share, which totals $64.08 annually. This means that for each share you own, you'll receive $64.08 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was September 08, 1999. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
BB.TO Dividend History
| Dividend | Adjusted Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|---|
| $9.36 | $1.56 | 70.29% | September 08, 1999 | |||
| $9.36 | $1.56 | 148.66% | June 02, 1999 | |||
| $9.36 | $1.56 | 309.45% | March 03, 1999 | |||
| $9 | $1.5 | 394.16% | December 02, 1998 | |||
| $9 | $1.5 | 333.33% | September 02, 1998 | |||
| $9 | $1.5 | 124.14% | June 03, 1998 | |||
| $9 | $1.5 | 145.16% | March 04, 1998 |
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 BB.TO
- Dividend & Capex Coverage Ratio: 1.63x Strong coverage
- Dividend Frequency: Quarterly
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 1.63x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates BlackBerry can comfortably cover its dividends and necessary investments from its operating cash flow.
BlackBerry's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
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.