$17.13
+11%INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.
Total Payments
4
Latest Dividend
$0.7800
Annual Amount
$0.7800
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
N/A | Apr 13, 2026 | Apr 28, 2026 | $0.7800 | $0.7800 | Quarterly | -84.40% |
Dec 11, 2012 | Dec 21, 2012 | Dec 28, 2012 | $0.0500 | $5.0000 | Quarterly | -80.00% |
Nov 14, 2012 | Nov 27, 2012 | Dec 11, 2012 | $0.2500 | $25.0000 | Quarterly | +150.00% |
Jun 20, 2012 | Jul 2, 2012 | Jul 16, 2012 | $0.1000 | $10.0000 | Quarterly | - |
Negative payout ratio indicates the company is either not paying dividends or has negative earnings. Not a dividend-paying stock currently.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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