ABL Group ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and offshore renewables market worldwide. It offers offshore renewables services, including project development, owners engineering, technical due diligence, geotechnical engineering, and MOU transportation services. The company also provides engineering, rig moving, risk control, and surveying services, as well as naval architecture, engineering for vessel design, conversion, upgrades, analysis, and simulation services. In addition, the company offers design, analysis services for the marine, renewables, oil, and gas, defense, and offshore infrastructure industries. Further, the company provides marine systems engineering and consulting, marine operations engineering, marine assurance, and risk services, as well as support services in witness, claims and litigation, as well as consulting, loss prevention and loss management services. Additionally, the company offers data assurance, ground models, and quantitative risk assessment. The company was formerly known as AqualisBraemar LOC ASA and changed its name to ABL Group ASA in June 2022. ABL Group ASA was incorporated in 2014 and is headquartered in London, the United Kingdom.
ABL Dividend Announcement
• ABL announced a semi annually dividend of kr0.40 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-04
• ABL annual dividend for 2024 was kr0.80
• ABL annual dividend for 2023 was kr0.70
• ABL's trailing twelve-month (TTM) dividend yield is 8.11%
• ABL's payout ratio for the trailing twelve months (TTM) is 315.44%
ABL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-04 | kr0.40 | semi annually | 2024-11-27 |
2024-05-30 | kr0.40 | semi annually | 2024-06-17 |
2023-10-30 | kr0.35 | semi annually | 2023-11-20 |
2023-06-01 | kr0.35 | semi annually | 2023-06-15 |
2022-11-07 | kr0.30 | semi annually | 2022-11-11 |
2022-06-02 | kr0.30 | semi annually | 2022-06-17 |
2021-11-01 | kr0.25 | semi annually | 2021-12-03 |
2021-06-03 | kr0.25 | semi annually | 2021-06-17 |
2020-11-02 | kr0.20 | semi annually | 2020-11-10 |
2020-06-11 | kr0.20 | semi annually | 2020-06-24 |
2018-06-28 | kr0.90 | semi annually | 2018-07-09 |
ABL Dividend per year
ABL Dividend growth
ABL Dividend Yield
ABL current trailing twelve-month (TTM) dividend yield is 8.11%. Interested in purchasing ABL stock? Use our calculator to estimate your expected dividend yield:
ABL Financial Ratios
ABL Dividend FAQ
Other factors to consider when evaluating ABL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ABL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ABL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ABL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ABL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ABL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ABL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ABL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ABL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ABL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.