Tripadvisor (TRIP) Dividends
Market Cap: $1.79B
Avg Volume: 2.74M
Industry: Travel Services
Sector: Consumer Cyclical
Dividend Overview
Tripadvisor (TRIP) pays a special dividend to its shareholders. The current dividend yield is 12.33%, which means that for every $100 invested at the current price, investors would receive approximately $12.33 in dividends per year (this can change based on future dividend payments and price movements).
About TRIP's Dividend
Tripadvisor pays a special dividend. The total annual dividend is approximately $3.50 per share, meaning for each share you own, you'll receive about $3.50 in dividends over the course of a year.
The most recent ex-dividend date was November 19, 2019. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
TRIP Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $3.5 | 12.33% | November 19, 2019 | November 20, 2019 | December 04, 2019 | November 08, 2019 |
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 TRIP
- Dividend & Capex Coverage Ratio: 1.95x Strong coverage
- Dividend Frequency: Special
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 1.95x 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 Tripadvisor can comfortably cover its dividends and necessary investments from its operating cash flow.
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.