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
4.31%
Dividend Date
Dividend Date
May 23, 2025
Ex-dividend Date
May 22, 2025
N/A %
58.50
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Feb 13, 2025 | 1.38 | May 22, 2025 | May 22, 2025 | May 23, 2025 |
| Feb 13, 2024 | 1.35 | May 22, 2024 | May 23, 2024 | May 24, 2024 |
| Feb 13, 2023 | 1.25 | May 17, 2023 | May 18, 2023 | May 19, 2023 |
| Feb 15, 2022 | 4.5 | May 17, 2022 | May 18, 2022 | May 19, 2022 |
| Mar 19, 2021 | 2.3 | May 25, 2021 | May 26, 2021 | May 27, 2021 |
| Feb 11, 2020 | 2 | Jul 01, 2020 | Jul 02, 2020 | Jul 03, 2020 |
| Feb 12, 2019 | 3.7 | May 21, 2019 | May 22, 2019 | May 23, 2019 |
| Feb 13, 2018 | 3.55 | May 22, 2018 | May 23, 2018 | May 24, 2018 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 16, 2022 | 4:1 | 0 | 0 |
Frequently Asked Questions
Is Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDF) 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. Compagnie Générale des Établissements Michelin Société en commandite par actions is also among the companies that regularly pay dividends.
What is MGDDF'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%. MGDDF's annual dividend yield for the trailing 12 months is N/A.
When did MGDDF last pay a dividend?
MGDDF last paid dividends on 2025-05-23, with the ex-dividend date being 2025-05-22.
When was the last time MGDDF stock split?
MGDDF stock split took place on 16-06-2022.
How did MGDDF's stock split work?
Its last split took place on Jun 16, 2022, when Compagnie Générale des Établissements Michelin Société en commandite par actions went through a 4:1 split leaving the shareholder with 4 share(s) who previously owned 1 MGDDF share(s).