Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration solutions. Its air purification solutions are used to capture air pollutants in a range of industries, including aerospace, automotive, chemical, electronics, pharmaceutical, woodworking, and food industries as well as in power generation, dental laboratories, hotels, and restaurants. The company's commercial kitchen systems comprising airborne particles and gases, hoods, filtration technologies, and fire extinguishing systems. It offers its products under the Absolent, Filtermist, Avani Environmental, Dustcheck, Diversitech, Kerstar, Aerofil, Airmaid, Jeven, Tessu Systems, and Quatro brands. The company serves in Sweden, the United Kingdom, Canada, China, the United States of America, Germany, the Netherlands, Finland, France, Estonia, India, Switzerland, Japan, Hong Kong, Italy, and Norway. The company was formerly known as Absolent Group AB (publ) and changed its name to Absolent Air Care Group AB (publ) in May 2021. The company was founded in 1993 is headquartered in Göteborg, Sweden. Absolent Air Care Group AB (publ) is a subsidiary of Mexab Industri AB.
Absolent Air Care Dividend Announcement
• Absolent Air Care announced a annually dividend of kr3.00 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-17
• Absolent Air Care annual dividend for 2024 was kr3.00
• Absolent Air Care annual dividend for 2023 was kr2.75
• Absolent Air Care's trailing twelve-month (TTM) dividend yield is 1.29%
• Absolent Air Care's payout ratio for the trailing twelve months (TTM) is 26.92%
• Absolent Air Care's dividend growth over the last five years (2018-2023) was 22.42% year
Absolent Air Care Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | kr3.00 | annually | 2024-05-23 |
2023-05-17 | kr2.75 | annually | 2023-05-24 |
2022-05-20 | kr2.00 | annually | 2022-05-27 |
2021-05-05 | kr1.80 | annually | 2021-05-11 |
2020-05-06 | kr1.80 | annually | |
2019-05-06 | kr1.50 | annually | 2019-05-10 |
2018-05-23 | kr1.00 | annually | 2018-05-29 |
2017-05-23 | kr0.90 | annually | 2017-05-30 |
2016-05-26 | kr0.80 | annually | |
2015-05-27 | kr0.60 | annually |
Absolent Air Care Dividend per year
Absolent Air Care Dividend growth
Absolent Air Care Dividend Yield
Absolent Air Care current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing Absolent Air Care stock? Use our calculator to estimate your expected dividend yield:
Absolent Air Care Financial Ratios
Absolent Air Care Dividend FAQ
Other factors to consider when evaluating Absolent Air Care 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: Absolent Air Care'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, Absolent Air Care 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, Absolent Air Care 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 Absolent Air Care 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: Absolent Air Care 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, Absolent Air Care distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Absolent Air Care 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 Absolent Air Care'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 Absolent Air Care'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.