STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.20
Forward Annual Dividend Rate
$0.40
Yield
Trailing Annual Dividend Yield
2.54%
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Feb 17, 2023
Ex-dividend Date
Jan 17, 2023
2.24 %
0.24
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Dec 08, 2022 | 0.1 | Jan 17, 2023 | Jan 18, 2023 | Feb 17, 2023 |
| Sep 29, 2022 | 0.1 | Oct 18, 2022 | Oct 19, 2022 | Nov 18, 2022 |
| Jun 09, 2022 | 0.1 | Jul 19, 2022 | Jul 20, 2022 | Aug 19, 2022 |
| Mar 10, 2022 | 0.1 | Apr 19, 2022 | Apr 20, 2022 | May 20, 2022 |
| Dec 09, 2021 | 0.1 | Jan 18, 2022 | Jan 19, 2022 | Feb 18, 2022 |
| Oct 04, 2021 | 0.1 | Oct 12, 2021 | Oct 13, 2021 | Nov 12, 2021 |
| Jun 08, 2021 | 0.1 | Jul 20, 2021 | Jul 21, 2021 | Aug 20, 2021 |
| Mar 11, 2021 | 0.1 | Apr 20, 2021 | Apr 21, 2021 | May 21, 2021 |
| Dec 09, 2020 | 0.1 | Jan 19, 2021 | Jan 20, 2021 | Feb 19, 2021 |
| Sep 29, 2020 | 0.1 | Oct 13, 2020 | Oct 14, 2020 | Oct 27, 2020 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Apr 05, 2005 | 3:2 | -0.02% | -0.49% |
| Jul 15, 2003 | 3:2 | -7.08% | -5.34% |
| Aug 02, 1999 | 3:2 | +1.79% | -14.89% |
| Jan 09, 1991 | 1:5 | 0 | 0 |
| Jan 08, 1991 | 1:5 | +0.56% | +0.63% |
| Apr 16, 1980 | 2:1 | 0 | 0 |
Frequently Asked Questions
Is Comtech Telecommunications Corp. (CMTL) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Comtech Telecommunications Corp. is also among the companies that regularly pay dividends.
What is CMTL's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. CMTL's annual dividend yield for the trailing 12 months is 2.54.
When did CMTL last pay a dividend?
CMTL last paid dividends on 2023-02-17, with the ex-dividend date being 2023-01-17.
When was the last time CMTL stock split?
CMTL stock split took place on 05-04-2005.
How did CMTL's stock split work?
Its last split took place on Apr 5, 2005, when Comtech Telecommunications Corp. went through a 3:2 split leaving the shareholder with 3 share(s) who previously owned 2 CMTL share(s).