INNOVATE Corp.
VATEINNOVATE Corp. (VATE) is a diversified holding company that invests in a range of technology, industrial, and consumer sectors. Historically, it has been involved in telecommunications, manufacturing, and other innovative industries, focusing on strategic acquisitions and growth opportunities across its portfolio.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 27, 2013 | $8.50 | 2013-08-28 | 2013-08-20 |
| December 28, 2012 | $0.50 | 2012-12-19 | 2012-12-21 |
| December 11, 2012 | $2.50 | 2012-11-23 | 2012-11-27 |
| July 16, 2012 | $1.00 | 2012-06-28 | 2012-07-02 |
Dividends Summary
- Consistent Payer: INNOVATE Corp. has rewarded shareholders with 4 dividend payments over the past 1 years.
- Total Returned Value: Investors who held VATE shares during this period received a total of $12.50 per share in dividend income.
- Latest Payout: The most recent dividend of $8.50/share was paid 4532 days ago, on August 27, 2013.
- Dividend Growth: Since 2012, the dividend payout has grown by 750.0%, from $1.00 to $8.50.
Company News
INNOVATE Corp announced that its subsidiary DBM Global will pay a cash dividend of $8.8 million, with INNOVATE expecting to receive approximately $8 million of the total payout on November 10, 2025.
DBM Global Inc., a subsidiary of Innovate Corp., announced a cash dividend of $8.8 million ($2.28 per share) to be paid on November 10, 2025, to stockholders of record as of October 27, 2025.
INNOVATE Corp announced that its subsidiary DBM Global Inc. will pay a cash dividend of $4.4 million, or $1.14 per share, on August 21, 2025, with INNOVATE expecting to receive approximately $4 million of the total payout.
DBM Global Inc., a steel construction services company and subsidiary of Innovate Corp., announced a cash dividend of $4.4 million ($1.14 per share) to be paid on August 21, 2025, to stockholders of record as of August 7, 2025.
INNOVATE Corp. announced a 1-for-10 reverse stock split of its common stock, effective August 2, 2024, to meet the minimum per share bid price requirement for continued listing on the NYSE.
