Summit Materials Stock

Summit Materials Dividend 2024

Summit Materials Dividend

0 USD

Summit Materials Dividend yield

Ticker

SUM

ISIN

US86614U1007

WKN

A14QAG

How much dividend does Summit Materials 2024 pay?

According to the latest status from November 2024, Summit Materials paid a total of 0 USD per share in dividends within the last 12 months. With the current Summit Materials price of 0 USD, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

=

Historical Summit Materials Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
1/7/20180
1/9/20160
1

Is the Summit Materials Dividend Safe?

Summit Materials has been increasing the dividend for 0 years.

Over the past 10 years, Summit Materials has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of 0% for the current fiscal year.

Dividend Details

Understanding Summit Materials's Dividend Distributions

Summit Materials’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Summit Materials's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Summit Materials's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Summit Materials’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Summit Materials Aktienanalyse

What does Summit Materials do?

Summit Materials Inc is a construction materials supplier that was founded in 2009. The company, headquartered in Denver, Colorado, has become one of the leading building products and services companies in the USA. Summit Materials has focused its business strategy on organic growth and acquisitions, continuously expanding its portfolio. Among its subsidiaries are companies such as Continental Cement, Westroc, and Duit Construction Company. The company's main activities include the supply of concrete products, asphalt, aggregates, cement, sand, gravel, and other materials essential to the construction industry. Their offerings target a variety of customers from various sectors, including commercial customers, road and bridge construction companies, as well as private and public contractors. To meet customer demands in the construction industry, Summit Materials operates various business divisions, including concrete, asphalt, aggregates, and cement. Another business division is construction materials production, run by Summit Materials subsidiaries. Some of the products produced or sold by Summit Materials and its subsidiaries include: - Concrete: The various types of concrete products offered by Summit Materials include standard, colored, and decorative concrete floors, walls, and ceilings. - Asphalt: Summit Materials' asphalt is high-quality and meets the demanding requirements of different industries. They provide asphalt mixtures for road and bridge construction projects. - Aggregates: Summit Materials offers various aggregates for construction projects, including sand, gravel, and rock. These products are used for various applications in the construction industry, including road and bridge construction. - Cement: Summit Materials produces and supplies different types of cement for construction projects. The company aims to provide innovative and high-performance cements for use in various areas. In addition to the aforementioned products, the company also provides services ranging from project development and planning to the import and export of construction products. Overall, Summit Materials is an outstanding brand in the US hardware market. Through acquisitions of subsidiaries and organic growth in various business divisions, the company has become a key player for other construction companies. Their offering of high-quality construction products and services has allowed them to attract a large number of customers and business partners. The brand has experienced rapid growth in recent years and will continue expanding into new markets and business areas. Summit Materials is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Summit Materials stock

How much dividend does Summit Materials pay?

Over the past 12 months, Summit Materials paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Summit Materials is expected to pay a dividend of 0.05 USD.

What is the dividend yield of Summit Materials?

The current dividend yield of Summit Materials is .

When does Summit Materials pay dividends?

Summit Materials pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Summit Materials?

Summit Materials paid dividends every year for the past 3 years.

What is the dividend of Summit Materials?

For the upcoming 12 months, dividends amounting to 0.05 USD are expected. This corresponds to a dividend yield of 0.11 %.

In which sector is Summit Materials located?

Summit Materials is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Summit Materials kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Materials from 12/22/2017 amounting to 0.014 USD, you needed to have the stock in your portfolio before the ex-date on 12/7/2017.

When did Summit Materials pay the last dividend?

The last dividend was paid out on 12/22/2017.

What was the dividend of Summit Materials in the year 2023?

In the year 2023, Summit Materials distributed 0 USD as dividends.

In which currency does Summit Materials pay out the dividend?

The dividends of Summit Materials are distributed in USD.

Andere Kennzahlen von Summit Materials

Our stock analysis for Summit Materials Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Summit Materials Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.