Datatec is a global technology solutions and services company, renowned for its expertise in IT networking and cybersecurity. With a presence in over 50 countries, Datatec empowers businesses through innovative solutions, including hardware, software, and consulting services. Their commitment to driving digital transformation and enhancing IT infrastructure makes them a trusted industry leader.
• Datatec announced a Annual dividend of $0.21462 per ordinary share which will be made payable on 2023-08-01. Ex dividend date: 2023-07-13
• Datatec annual dividend for 2023 was $0.21
• Datatec dividend growth for 2022 - 2023 was -86.28%
• Typically, Datatec pays dividends once
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
13-07-2023 | $ 0.21 | Annual | 01-08-2023 |
01-12-2022 | $ 1.43 | Other | 20-12-2022 |
14-07-2022 | $ 0.13 | Annual | 02-08-2022 |
24-11-2021 | $ 0.63 | Annual | 14-12-2021 |
15-07-2021 | $ 0.14 | Annual | 03-08-2021 |
25-07-2019 | $ 0.14 | Annual | 13-08-2019 |
01-02-2018 | $ 3.74 | Other | 30-01-2018 |
Are you planning on buying Datatec? Calculate your expected dividend yield:
Datatec, a global IT solutions provider, has maintained a prudent dividend policy that reflects its commitment to delivering value to shareholders while ensuring financial stability. The company’s approach balances the distribution of profits with the need to reinvest in the business for sustained growth. Datatec typically pays dividends based on a percentage of earnings, taking into account cash flow, capital requirements, and market conditions. This strategy provides flexibility to adapt to changing circumstances. By prioritizing long-term viability, Datatec aims to reward shareholders consistently while preserving the capacity to seize strategic opportunities and navigate industry fluctuations, underpinning its position as a reliable investment.
Other factors to consider when evaluating Datatec as a dividend stock include its dividend yield, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company’s ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage’s trading platform to place an order to buy Datatec stock.
Remember that buying stocks involves risk, and it’s important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Datatec’s board of directors reviews the company’s financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Datatec publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Datatec distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder’s brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Datatec are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction’s tax regulations.
1. Record Date: Datatec sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Datatec distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder’s brokerage account or bank account.
3. Currency: Company-Name declares the currency in which the dividend will be paid. Depending on the shareholder’s location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Datatec’s dividend, it is crucial to analyze the company’s financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company’s future earnings, cash flow projections, and management’s commitment to dividend policies can provide valuable insights.
It is recommended to review Datatec’s financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company’s financial situation.