Suncorp Group Limited provides insurance, banking, and wealth products and services to retail, corporate, and commercial sectors in Australia and New Zealand. It operates through three segments: Insurance, Banking & Wealth, and Suncorp New Zealand segments. The Insurance segment designs, manufactures, and delivers general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third party products. The Banking & Wealth segment designs, manufactures, and delivers banking, and superannuation and fund administration services, such as commercial, agribusiness, small business, home and personal loans, savings and transaction accounts, foreign exchange services, treasury products and services, superannuation services, and funds administration services. The Suncorp New Zealand segment designs, manufactures, and delivers general and life insurance products comprising home and contents, motor, commercial property, public liability and professional indemnity, life, trauma, total and permanent disablement, and income protection. The company was formerly known as Suncorp-Metway Limited and changed its name to Suncorp Group Limited in December 2010. Suncorp Group Limited was founded in 1902 and is based in Brisbane, Australia.
Suncorp Dividend Announcement
• Suncorp announced a semi annually dividend of $0.29 per ordinary share which will be made payable on 2024-10-02. Ex dividend date: 2024-08-30
• Suncorp annual dividend for 2024 was $0.52
• Suncorp annual dividend for 2023 was $0.41
• Suncorp's trailing twelve-month (TTM) dividend yield is 6.15%
• Suncorp's payout ratio for the trailing twelve months (TTM) is 58.02%
• Suncorp's dividend growth over the last five years (2018-2023) was -7.88% year
• Suncorp's dividend growth over the last ten years (2013-2023) was -5.36% year
Suncorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-30 | $0.29 | semi annually | 2024-10-02 |
| 2024-03-06 | $0.22 | semi annually | 2024-04-18 |
| 2023-08-18 | $0.18 | semi annually | 2023-10-02 |
| 2023-02-17 | $0.23 | semi annually | 2023-04-07 |
| 2022-08-17 | $0.12 | semi annually | 2022-09-28 |
| 2022-02-17 | $0.16 | semi annually | 2022-04-08 |
| 2021-08-18 | $0.35 | semi annually | 2021-09-29 |
| 2021-02-18 | $0.18 | semi annually | 2021-04-08 |
| 2020-08-28 | $0.07 | semi annually | 2020-10-28 |
| 2020-02-20 | $0.17 | semi annually | 2020-04-07 |
| 2019-09-30 | $0.27 | semi annually | |
| 2019-08-16 | $0.30 | semi annually | 2019-10-02 |
| 2019-04-03 | $0.18 | semi annually | 2019-05-10 |
| 2019-03-01 | $0.19 | semi annually | 2019-04-09 |
| 2018-08-22 | $0.35 | semi annually | 2018-09-26 |
| 2018-02-23 | $0.26 | semi annually | 2018-04-12 |
| 2017-08-15 | $0.32 | semi annually | 2017-09-27 |
| 2017-03-02 | $0.25 | semi annually | 2017-04-10 |
| 2016-08-11 | $0.29 | semi annually | |
| 2016-02-18 | $0.21 | semi annually | |
| 2015-08-13 | $0.37 | semi annually | |
| 2015-02-19 | $0.29 | semi annually | |
| 2014-08-21 | $0.65 | semi annually | |
| 2014-02-27 | $0.31 | semi annually | |
| 2013-08-27 | $0.45 | semi annually | |
| 2013-02-28 | $0.26 | semi annually |
Suncorp Dividend per year
Suncorp Dividend growth
Suncorp Dividend Yield
Suncorp current trailing twelve-month (TTM) dividend yield is 6.15%. Interested in purchasing Suncorp stock? Use our calculator to estimate your expected dividend yield:
Suncorp Financial Ratios
P/E ratio11.20
PEG ratio2.19
P/B ratio1.68
ROE15.21%
Payout ratio58.02%
Current ratio1.06
Quick ratio1.06
Cash Ratio0.01
Suncorp Dividend FAQ
How much is the next Suncorp dividend?
Suncorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Suncorp dividend. The next Suncorp dividend will be released in February, or August.
When is Suncorp dividend paid?
Suncorp pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Suncorp pay?
The specific amount of Suncorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Suncorp's dividend history.
Does Suncorp stock pay dividends?
Yes, Suncorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Suncorp's dividend history.
How much dividend does Suncorp pay?
Suncorp paid $0.516 in 2024, $0.406 in 2023, $0.28 in 2022, $0.53 in 2021, and $0.246 in 2020.
How often does Suncorp pay dividends?
Suncorp typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and August.
What is Suncorp's dividend yield?
The current dividend yield for Suncorp is 6.15%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Suncorp's exact dividend yield.
When does Suncorp go ex dividend?
Suncorp's ex-dividend date for the latest dividend was on 2024-08-30. Suncorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Suncorp dividend paid?
Suncorp pays dividends on a semi annually basis, typically around February, or August, but the exact dates can vary each year.
Will Suncorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Suncorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Suncorp dividend per share?
Suncorp paid $0.516 per share in 2024 and $0.406 per share in 2023. The amount of dividend per share that Suncorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Suncorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Suncorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Suncorp a dividend stock?
Yes, Suncorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Suncorp a good dividend stock?
Whether Suncorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Suncorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Suncorp as a dividend stock include its dividend yield, dividend growth, 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.
Other factors to consider when evaluating Suncorp as a dividend stock include its dividend yield, dividend growth, 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.
Does Suncorp pay dividends monthly?
Suncorp typically pays dividends on a semi annually basis.
Does Suncorp pay dividends quarterly?
Suncorp currently pays dividends on a semi annually basis.
Has Suncorp ever paid a dividend?
Yes, Suncorp has a history of paying dividends to its shareholders. Suncorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Suncorp dividend stocks?
To buy Suncorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Suncorp 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.
Place an order: Use the brokerage's trading platform to place an order to buy Suncorp 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.
When does Suncorp pay dividends 2024?
Suncorp pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Suncorp increase its dividend in 2024?
Decisions regarding Suncorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Suncorp dividend overview you can look into the above table of dividend history.
How Suncorp dividend works?
The Suncorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Suncorp's dividend process works:
1. Determination of Dividend: Suncorp'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, Suncorp 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, Suncorp 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 Suncorp 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. Determination of Dividend: Suncorp'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, Suncorp 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, Suncorp 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 Suncorp 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.
How are Suncorp dividends paid?
Suncorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Suncorp 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, Suncorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suncorp 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.
1. Record Date: Suncorp 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, Suncorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suncorp 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.
How many times does Suncorp pay dividends?
Suncorp typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Suncorp pay dividends?
The general pattern is that Suncorp pays dividends around February, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Suncorp dividend safe?
The safety of Suncorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Suncorp'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 Suncorp'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.
To assess the safety of Suncorp'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 Suncorp'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.