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
4.19%
Dividend Date
Dividend Date
Jun 09, 2025
Ex-dividend Date
May 20, 2025
N/A %
62.19
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| May 06, 2025 | 0.756 | May 20, 2025 | May 20, 2025 | Jun 09, 2025 |
| May 06, 2024 | 0.731 | May 20, 2024 | May 21, 2024 | Jun 10, 2024 |
| Apr 11, 2023 | 0.674 | May 15, 2023 | May 16, 2023 | Jun 05, 2023 |
| Mar 10, 2022 | 0.948 | May 13, 2022 | May 16, 2022 | Jun 03, 2022 |
| Jun 17, 2020 | 0.449 | Jun 29, 2020 | Jun 30, 2020 | Jul 20, 2020 |
| May 01, 2018 | 0.831 | May 18, 2018 | May 21, 2018 | Jun 11, 2018 |
| May 08, 2017 | 0.724 | May 19, 2017 | May 23, 2017 | Jun 21, 2017 |
| Mar 10, 2016 | 0.638 | May 12, 2016 | May 16, 2016 | Jun 09, 2016 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 22, 2022 | 8:5 | -0.75% | -0.58% |
Frequently Asked Questions
Is Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) 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 MGDDY'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%. MGDDY's annual dividend yield for the trailing 12 months is N/A.
When did MGDDY last pay a dividend?
MGDDY last paid dividends on 2025-06-09, with the ex-dividend date being 2025-05-20.
When was the last time MGDDY stock split?
MGDDY stock split took place on 22-06-2022.
How did MGDDY's stock split work?
Its last split took place on Jun 22, 2022, when Compagnie Générale des Établissements Michelin Société en commandite par actions went through a 8:5 split leaving the shareholder with 8 share(s) who previously owned 5 MGDDY share(s).