Upcoming Kendrion dividend
Change(%)
-37.50%
Decrease
Next payment 0.45€
Next payment date May 9, 2024
Last payment 0.72€
Last payment date May 11, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/17/24
Confirmed

May 9, 2024 is the date when Kendrion will pay 0,45 euros per share in dividends, offering a yield of 4.21% to its investors.

Secure your participation in dividends by purchasing shares before the Last Trading Day (April 16, 2024).

The dividends from Kendrion (KENDR), of 0.72 euros, were paid on May 11, 2023.

Kendrion N.V., listed on the Frankfurt, London and Amsterdam stock exchanges under the name KENDR, has been paying dividends since 1999, with a few suspensions, the first one lasted for 7 periods from 2002 to 2007 and the second and third ones were punctual, with an interruption in 2010 and another one in 2020.

It calculates the amount to be deposited based on the annual balance sheet study, which is estimated by the administrative management and approved by the general shareholders' meeting, which announces the results on its official website.

Deposits one installment per year, generally in May, with a yield of approximately 4%.

Payout Ratio Kendrion Dividends

Kendrion paid 13% of its net income in the last fiscal period as dividends.
Kendrion's earnings (505,100,000.00€) are sufficient to cover the dividend payment. This payment represents 13% of the total net profit of KENDR.
Dividend payout ratio
Payout Ratio

Dividend calendar of Kendrion

These are the most important events of the Kendrion calendar in 2024:

Event Day
Last trading date April 16, 2024
Ex-Dividend (Ex-Date) April 17, 2024
Record date April 18, 2024
Date of payment May 9, 2024
Data confirmed by the company Kendrion (KENDR).
Confirmed
Source
Historical annual dividend yields of Kendrion
Over the past 5 years, Kendrion has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Kendrion vs. the sector
Kendrion's dividend yield (3.97%) is above the sector average (1.68%).
Comparison with industry average
Kendrion's dividend yield is among the top 25% (3.36%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Kendrion
Over the past 5 years, Kendrion has not consistently distributed dividends.
Dividend stability

Dividend history of Kendrion

In this table you can see the complete history:

YearEx-DividendAmountTotal
2024
04/17/2024
0.45 €
0.45 €
2023
04/19/2023
0.72 €
0.72 €
2022
04/13/2022
0.69 €
0.69 €
2021
04/14/2021
0.4 €
0.4 €
2019
04/10/2019
0.87 €
0.87 €
2018
04/11/2018
0.87 €
0.87 €
2017
04/12/2017
0.78 €
0.78 €
2016
04/13/2016
0.78 €
0.78 €
2015
04/15/2015
0.78 €
0.78 €
2014
04/16/2014
0.55 €
0.55 €
2013
04/17/2013
0.58 €
0.58 €
2012
04/18/2012
0.62 €
0.62 €
2011
04/20/2011
0.59 €
0.59 €
2009
04/08/2009
0.97 €
0.97 €
2008
04/09/2008
0.38 €
0.38 €
2001
04/09/2001
3.761405 €
3.761405 €
Kendrion dividend capture strategy
Step 1: Buy Kendrion shares (KENDR) one day before ex-dividend date
Date of purchase Apr 16, 2024
Next ex-dividend date Apr 17, 2024
Step 2: Sell Kendrion shares (KENDR) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical Kendrion data. Past performance is no guarantee of future results.

Information about Kendrion

Full name Kendrion N.V.
Ticker KENDR
Sector Cyclical Consumer Products
Industry Auto Parts
Market Capitalization 167.40 €
ISIN NL0000852531
Number of Employees 2,459
Description of the company

Kendrion N.V., dedicated to the energy sector, designs, manufactures and markets intelligent industrial controls and actuators, elements that work for the automotive sector, brakes, industrial heating, robotics and sustainable energy.

It was founded in 1911 by the German Wilhelm Binder and his partner Rudolf Moog, calling it W. Binder, with the intention of creating and selling exceptional precision components, buying in 1913 Moog with which they managed to expand their premises, however, after the war they changed the modality of work focusing on electromagnetic processes.

The group continued to grow over the years, buying patents, which became a growth strategy, acquiring the textile production company Schuttersveld NV in 1997, as well as Hahn Magnet and Thoma Magnettechnik in 1999, becoming Kendrion in 2001 in order to reflect in its name its B2B niche markets and autonomous growth.

They continued with the purchase and sale of several affiliated companies, expanding internationally starting with China, Germany, India, positioning themselves in 9 countries between Europe, Germany and Asia, although their main headquarters are located in Amsterdam, with more than 2,700 employees and a turnover of approximately 520 million euros.

Its organization is based on three pillars of growth: automotive, actuators and controls, and industrial brakes.

Frequently asked questions about Kendrion dividends

Kendrion is listed on the Bolsa de Amsterdam and is part of the ASCX.

Kendrion has the Ticker or stock code KENDR.

The CEO of Kendrion in 2024 is Mr. Jozef Aloysius Johannes van Beurden.

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