Dividend Overview
Startek (SRT) pays a quarterly dividend to its shareholders. The current dividend yield is 7.73%, which means that for every $100 invested at the current price, investors would receive approximately $7.73 in dividends per year (this can change based on future dividend payments and price movements).
About SRT's Dividend
Startek pays a quarterly dividend of $1.05 per share, which totals $4.19 annually. This means that for each share you own, you'll receive $4.19 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was November 13, 2006. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
SRT Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.25 | 7.73% | November 13, 2006 | November 15, 2006 | November 27, 2006 | November 01, 2006 |
| $0.25 | 10.57% | August 10, 2006 | August 14, 2006 | August 24, 2006 | August 03, 2006 |
| $0.25 | 7.67% | May 11, 2006 | May 15, 2006 | May 25, 2006 | May 04, 2006 |
| $0.36 | 7.35% | February 10, 2006 | February 14, 2006 | February 23, 2006 | February 03, 2006 |
| $0.36 | 9.72% | November 09, 2005 | November 14, 2005 | November 23, 2005 | November 03, 2005 |
| $0.36 | 11.22% | August 10, 2005 | August 12, 2005 | August 24, 2005 | August 03, 2005 |
| $0.36 | 13.03% | May 09, 2005 | May 11, 2005 | May 24, 2005 | May 06, 2005 |
| $0.42 | 6.39% | February 09, 2005 | February 11, 2005 | February 24, 2005 | February 04, 2005 |
| $0.41 | 5.33% | November 08, 2004 | November 11, 2004 | November 24, 2004 | November 04, 2004 |
| $0.4 | 5.35% | August 09, 2004 | August 11, 2004 | August 24, 2004 | August 05, 2004 |
| $0.39 | 3.44% | May 07, 2004 | May 11, 2004 | May 24, 2004 | May 06, 2004 |
| $0.38 | 1.80% | February 11, 2004 | February 13, 2004 | February 24, 2004 | February 05, 2004 |
| $0.37 | 0.99% | November 12, 2003 | November 14, 2003 | November 25, 2003 | November 05, 2003 |
| $0.36 | 1.02% | August 13, 2003 | August 15, 2003 | August 29, 2003 | August 05, 2003 |
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 SRT
- Dividend & Capex Coverage Ratio: 2.07x Strong coverage
- Dividend Frequency: Quarterly
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 2.07x 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 Startek can comfortably cover its dividends and necessary investments from its operating cash flow.
Startek'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.