By the end of today, July 17, 2023, KP Tissue KPT is set to deliver a dividend payout of $0.18 per share, equating to an annualized dividend yield of 7.08%. Shareholders who owned the stock prior to the ex-dividend date on June 29, 2023 will receive this payout.
KP Tissue Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-29 | 4 | $0.18 | 7.08% | 2023-05-11 | 2023-06-30 | 2023-07-17 |
| 2023-03-30 | 4 | $0.18 | 6.97% | 2023-03-09 | 2023-04-01 | 2023-04-17 |
| 2022-12-29 | 4 | $0.18 | 7.07% | 2022-11-09 | 2022-12-31 | 2023-01-16 |
| 2022-09-30 | 4 | $0.18 | 6.61% | 2022-08-11 | 2022-10-03 | 2022-10-17 |
| 2022-06-29 | 4 | $0.18 | 6.28% | 2022-05-12 | 2022-06-30 | 2022-07-15 |
| 2022-03-31 | 4 | $0.18 | 6.72% | 2022-03-10 | 2022-04-01 | 2022-04-15 |
| 2021-12-30 | 4 | $0.18 | 6.64% | 2021-11-12 | 2021-12-31 | 2022-01-17 |
| 2021-09-28 | 4 | $0.18 | 6.99% | 2021-08-12 | 2021-09-30 | 2021-10-15 |
| 2021-06-29 | 4 | $0.18 | 7.03% | 2021-05-07 | 2021-06-30 | 2021-07-15 |
| 2021-03-31 | 4 | $0.18 | 6.35% | 2021-03-11 | 2021-04-01 | 2021-04-15 |
| 2020-12-30 | 4 | $0.18 | 5.92% | 2020-11-05 | 2020-12-31 | 2021-01-15 |
| 2020-09-29 | 4 | $0.18 | 6.14% | 2020-08-06 | 2020-09-30 | 2020-10-15 |
Analyzing KP Tissue Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Throughout the period of 2020 to 2022, the company maintained a steady dividend per share of $0.72. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.
YoY Earnings Growth For KP Tissue
The earnings chart displays a decline in KP Tissue's earnings per share, decreasing from $-0.28 in 2020 to $-0.58 in 2022. This downward trend in earnings raises concerns for income-seeking investors, as it suggests a potential impact on future cash dividend payouts. It is important to closely evaluate the factors contributing to this decrease to assess the company's financial health and dividend sustainability.
Recap
This article provides an in-depth analysis of KP Tissue's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.18 per share, resulting in an annualized dividend yield of 7.08%.
Despite no adjustment in the dividend per share over the period of 2020 to 2022, the consistent decrease in earnings per share for KP Tissue highlights a deteriorating financial status, potentially impacting the company's ability to share profits with its investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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