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
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Jan 22, 1999
Ex-dividend Date
Dec 29, 1998
N/A %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Dec 18, 1998 | 0.02 | Dec 29, 1998 | Dec 31, 1998 | Jan 22, 1999 |
| Dec 22, 1997 | 0.017 | Dec 29, 1997 | Dec 31, 1997 | Jan 14, 1998 |
| Nov 21, 1996 | 0.008 | Dec 16, 1996 | Dec 18, 1996 | Jan 04, 1997 |
| Nov 02, 1995 | 0.008 | Dec 14, 1995 | Dec 18, 1995 | Jan 04, 1996 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Aug 02, 2016 | 3:2 | -0.34% | +3.33% |
Frequently Asked Questions
Is Gencor Industries, Inc. (GENC) 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. Gencor Industries, Inc. is also among the companies that regularly pay dividends.
What is GENC'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%. GENC's annual dividend yield for the trailing 12 months is N/A.
When did GENC last pay a dividend?
GENC last paid dividends on 1999-01-22, with the ex-dividend date being 1998-12-29.
When was the last time GENC stock split?
GENC stock split took place on 02-08-2016.
How did GENC's stock split work?
Its last split took place on Aug 2, 2016, when Gencor Industries, Inc. went through a 3:2 split leaving the shareholder with 3 share(s) who previously owned 2 GENC share(s).