How much dividend does Wajax pay?
Over the past 12 months, Wajax paid a dividend of 1.32 CAD . This corresponds to a dividend yield of about 5.2 %. For the coming 12 months, Wajax is expected to pay a dividend of 1.45 CAD.
Wajax Dividend 2024
Wajax Dividend
1.32 CAD
Wajax Dividend yield
5.2 %
Ticker
WJX.TO
ISIN
CA9307831052
WKN
A1H5J6
How much dividend does Wajax 2024 pay?
According to the latest status from August 2024, Wajax paid a total of 1.32 CAD per share in dividends within the last 12 months. With the current Wajax price of 25.37 CAD, this corresponds to a dividend yield of 5.2 %. A dividend is paid times per year.
| 5.2 % Dividend Yield | = |
|
Historical Wajax Dividends
A dividend is paid times per year. Last year, the payout months were January, April, July and October.
| Paydate | Dividend |
|---|---|
| 7/14/2024 | 0.35 |
| 4/14/2024 | 0.35 |
| 1/14/2024 | 0.33 |
| 10/14/2023 | 0.33 |
| 7/14/2023 | 0.33 |
| 4/14/2023 | 0.33 |
| 1/14/2023 | 0.25 |
| 10/14/2022 | 0.25 |
| 7/14/2022 | 0.25 |
| 4/14/2022 | 0.25 |
| 1/14/2022 | 0.25 |
| 10/14/2021 | 0.25 |
| 7/14/2021 | 0.25 |
| 4/12/2021 | 0.25 |
| 1/14/2021 | 0.25 |
| 10/14/2020 | 0.25 |
| 7/12/2020 | 0.25 |
| 4/13/2020 | 0.25 |
| 1/13/2020 | 0.25 |
| 10/13/2019 | 0.25 |
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Wajax dividend history and estimates CA9307831052 · A1H5J6
In 2023, Wajax paid a dividend amounting to 1.32 CAD. Dividend means that Wajax distributes a portion of its profits to its owners.
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ⓘDividend Overview
The dividend per year chart for Wajax provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Wajax’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Wajax's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Wajax Dividend History
| Date | Wajax Dividend |
|---|---|
| 2026e | 1.45 CAD |
| 2025e | 1.45 CAD |
| 2024e | 1.45 CAD |
| 2023 | 1.32 CAD |
| 2022 | 1 CAD |
| 2021 | 1 CAD |
| 2020 | 1 CAD |
| 2019 | 1 CAD |
| 2018 | 1 CAD |
| 2017 | 1 CAD |
| 2016 | 1 CAD |
| 2015 | 1.23 CAD |
| 2014 | 2.4 CAD |
| 2013 | 2.68 CAD |
| 2012 | 3.1 CAD |
| 2011 | 2.14 CAD |
| 2010 | 2.4 CAD |
| 2009 | 2.47 CAD |
| 2008 | 4.13 CAD |
| 2007 | 3.89 CAD |
| 2006 | 4.11 CAD |
| 2005 | 1.82 CAD |
| 2004 | 0.16 CAD |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0.16 CAD | 0 CAD |
| 2005 | 1.82 CAD | 0 CAD |
| 2006 | 4.11 CAD | 0 CAD |
| 2007 | 3.89 CAD | 0 CAD |
| 2008 | 4.13 CAD | 0 CAD |
| 2009 | 2.47 CAD | 0 CAD |
| 2010 | 2.4 CAD | 0 CAD |
| 2011 | 2.14 CAD | 0 CAD |
| 2012 | 3.1 CAD | 0 CAD |
| 2013 | 2.68 CAD | 0 CAD |
| 2014 | 2.4 CAD | 0 CAD |
| 2015 | 1.23 CAD | 0 CAD |
| 2016 | 1 CAD | 0 CAD |
| 2017 | 1 CAD | 0 CAD |
| 2018 | 1 CAD | 0 CAD |
| 2019 | 1 CAD | 0 CAD |
| 2020 | 1 CAD | 0 CAD |
| 2021 | 1 CAD | 0 CAD |
| 2022 | 1 CAD | 0 CAD |
| 2023 | 1.32 CAD | 0 CAD |
| 2024e | 0 CAD | 1.45 CAD |
| 2025e | 0 CAD | 1.45 CAD |
| 2026e | 0 CAD | 1.45 CAD |
Is the Wajax Dividend Safe?
Wajax has been increasing the dividend for 1 years.
Over the past 10 years, Wajax has increased it by an annual -6.837 %.
Over a five-year period, the distribution increased by 5.71%.
Analysts expect a Dividend Increase of 4.782% for the current fiscal year.
Wajax dividend payout ratio CA9307831052 · A1H5J6
In 2023, Wajax had a payout ratio of 45.5%. The payout ratio indicates the percentage of the company's profits that Wajax distributes as dividends.
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ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Wajax represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Wajax could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Wajax's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Wajax Payout Ratio History
| Date | Wajax Payout ratio |
|---|---|
| 2026e | 41.04 % |
| 2025e | 38.45 % |
| 2024e | 39.17 % |
| 2023 | 45.5 % |
| 2022 | 30.67 % |
| 2021 | 41.32 % |
| 2020 | 64.52 % |
| 2019 | 51.81 % |
| 2018 | 56.18 % |
| 2017 | 73.53 % |
| 2016 | 185.19 % |
| 2015 | -209.03 % |
| 2014 | 99.17 % |
| 2013 | 95.37 % |
| 2012 | 79.69 % |
| 2011 | 56.76 % |
| 2010 | 71.86 % |
| 2009 | 121.08 % |
| 2008 | 91.17 % |
| 2007 | 90.26 % |
| 2006 | 94.48 % |
| 2005 | 89.9 % |
| 2004 | 14.16 % |
| Payout ratio | |
|---|---|
| 2004 | 14.16 % |
| 2005 | 89.9 % |
| 2006 | 94.48 % |
| 2007 | 90.26 % |
| 2008 | 91.17 % |
| 2009 | 121.08 % |
| 2010 | 71.86 % |
| 2011 | 56.76 % |
| 2012 | 79.69 % |
| 2013 | 95.37 % |
| 2014 | 99.17 % |
| 2015 | -209.03 % |
| 2016 | 185.19 % |
| 2017 | 73.53 % |
| 2018 | 56.18 % |
| 2019 | 51.81 % |
| 2020 | 64.52 % |
| 2021 | 41.32 % |
| 2022 | 30.67 % |
| 2023 | 45.5 % |
| 2024e | 39.17 % |
| 2025e | 38.45 % |
| 2026e | 41.04 % |
Dividend Details
Understanding Wajax's Dividend Distributions
Wajax’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 Wajax'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
Wajax'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 Wajax’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.
Wajax Aktienanalyse
What does Wajax do?
Wajax Corp. is a Canadian company based in Mississauga, Ontario that has been operating in the industry since 1858. Originally starting as a hardware store, the company has heavily invested in technology and innovation over time to offer a comprehensive range of products and services. Wajax's current business model focuses on providing equipment, components, services, and solutions for various industries, including construction, mining, energy, forestry, transportation, and industrial manufacturing. Their goal is to support customers throughout the entire production cycle, from planning and procurement to installation, operation, maintenance, and disposal. The company is divided into different business segments, including Equipment, Power Systems, and Industrial Components. In the Equipment division, Wajax offers a wide range of construction equipment, mining equipment, material handling equipment, and STM air technology products. The Power Systems division serves both end markets and OEM partners by supplying diesel and gas engines, generators, and UPS systems. In the Industrial Components sector, Wajax provides technical services, fasteners, bearings, hydraulic and pneumatic components, as well as filtration equipment. Some of Wajax Corp.'s most well-known products are Cat excavators, wheel loaders, and bulldozers, as well as material handling equipment from Sennebogen, Konecranes, and Manitou. The company is also a major distributor for other leading brands such as Barford, Doosan, and JLG. A key element of Wajax's business model is to provide comprehensive services for its customers. The company offers customized maintenance and repair services, as well as training and technical support tailored to customer needs. It also has an extensive inventory of spare parts and provides customers with online access to technical manuals, product data, and diagrams. In recent years, Wajax has played a growing role in offering clean energy and environmental technology solutions. The company is a major distributor of hybrid and electric construction equipment for some of the leading manufacturers. It also offers solutions for external power supply systems, solar modules, and LED lighting for the industrial market. Overall, Wajax is now a leading provider in the industry for technology-based products and services and an important partner for the industrial sector. The company has been successful for over 160 years and has always focused on the needs of its customers. It is expected that Wajax will continue to expand its role in providing clean energy and environmental technology solutions while investing in technology and innovation to continue offering high-quality products and services to its customers. Wajax 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 Wajax stock
What is the dividend yield of Wajax?
The current dividend yield of Wajax is 5.2 %.
When does Wajax pay dividends?
Wajax pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of Wajax?
Wajax paid dividends every year for the past 23 years.
What is the dividend of Wajax?
For the upcoming 12 months, dividends amounting to 1.45 CAD are expected. This corresponds to a dividend yield of 5.72 %.
In which sector is Wajax located?
Wajax is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Wajax kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Wajax from 7/3/2024 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.
When did Wajax pay the last dividend?
The last dividend was paid out on 7/3/2024.
What was the dividend of Wajax in the year 2023?
In the year 2023, Wajax distributed 1 CAD as dividends.
In which currency does Wajax pay out the dividend?
The dividends of Wajax are distributed in CAD.
Andere Kennzahlen von Wajax
Our stock analysis for Wajax 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 Wajax Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
