Dye & Durham (DND.TO) Dividends
Market Cap: $615.55M
Avg Volume: 249.26K
Industry: Software - Infrastructure
Sector: Technology
Dividend Overview
Dye & Durham (DND.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 0.61%, which means that for every $100 invested at the current price, investors would receive approximately $0.61 in dividends per year (this can change based on future dividend payments and price movements).
About DND.TO's Dividend
Dye & Durham pays a quarterly dividend of $0.02 per share, which totals $0.08 annually. This means that for each share you own, you'll receive $0.08 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was February 20, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Dye & Durham's payout ratio is -0.03% which means that -0.03% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Dye & Durham's dividend has decreased by -0.04% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
DND.TO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.01875 | 0.61% | February 20, 2025 | February 20, 2025 | February 27, 2025 | |
| $0.01875 | 0.45% | November 14, 2024 | November 14, 2024 | November 21, 2024 | |
| $0.01875 | 0.55% | September 12, 2024 | September 12, 2024 | September 19, 2024 | |
| $0.01875 | 0.54% | May 17, 2024 | May 21, 2024 | May 28, 2024 | |
| $0.01875 | 0.56% | February 20, 2024 | February 21, 2024 | February 28, 2024 | February 13, 2024 |
| $0.01875 | 0.77% | November 07, 2023 | November 08, 2023 | November 15, 2023 | October 30, 2023 |
| $0.01875 | 0.50% | September 19, 2023 | September 20, 2023 | September 27, 2023 | September 13, 2023 |
| $0.01875 | 0.47% | May 16, 2023 | May 17, 2023 | May 24, 2023 | May 10, 2023 |
| $0.01875 | 0.36% | February 17, 2023 | February 21, 2023 | February 28, 2023 | February 10, 2023 |
| $0.019 | 0.53% | November 15, 2022 | November 16, 2022 | November 23, 2022 | November 10, 2022 |
| $0.019 | 0.48% | September 29, 2022 | October 03, 2022 | October 10, 2022 | September 26, 2022 |
| $0.019 | 0.34% | June 09, 2022 | June 10, 2022 | June 17, 2022 | May 12, 2022 |
| $0.01875 | 0.26% | February 28, 2022 | March 01, 2022 | March 08, 2022 | February 01, 2022 |
| $0.01875 | 0.16% | December 08, 2021 | December 09, 2021 | December 16, 2021 | November 08, 2021 |
| $0.01875 | 0.14% | October 06, 2021 | October 07, 2021 | October 14, 2021 | September 14, 2021 |
| $0.01875 | 0.08% | June 10, 2021 | June 11, 2021 | June 18, 2021 | May 31, 2021 |
| $0.01875 | 0.04% | March 11, 2021 | March 12, 2021 | March 19, 2021 | February 16, 2021 |
| $0.019 | 0.06% | December 04, 2020 | December 07, 2020 | December 14, 2020 |
Dividend Growth
Dye & Durham (DND.TO) dividend payments have decreased -3.54% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
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 DND.TO
- Dividend Payout Ratio: -0.03% Low risk
- Dividend & Capex Coverage Ratio: 4.14x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.04% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Dye & Durham's payout ratio is -0.03% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 4.14x 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 Dye & Durham can comfortably cover its dividends and necessary investments from its operating cash flow.
Dye & Durham'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.
Dye & Durham's dividend growth rate of -0.04% is negative, which may signal financial challenges or a shift in capital allocation priorities.
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.