Addtech AB (publ.) operates as a technology trading company in Sweden, Denmark, Finland, Norway, rest of Europe, and internationally. The company operates through Automation, Electrification, Energy, Industrial Solutions, and Process Technology segments. It markets and sells intelligent solutions, subsystems, and components to industrial automation and infrastructure sector, including solutions for robotics, control systems, sensors, and industrial and communication networks. The company also offers battery systems; connectivity solutions; and intelligent power products, electronics, motors, and powertrain solutions. In addition, it produces and sells products for electricity transmission and electrical installation, as well as safety products for traffic and the home environment; and electricity distribution and communication network products to electricity network operators, contractors, wholesalers, railway companies, industrial customers, and hospitals. Further, the company produces and sells solutions and systems primarily for the forest, special vehicles, mechanical, and waste/recycling industries, as well as provides hydraulic solutions. Additionally, it provides process components, equipment, and systems for creating and processing flows; provides emission control products; and markets and sells instruments and valves for regulating and monitoring pressure, levels, flows, and energy. The company was founded in 1906 and is based in Stockholm, Sweden.
Addtech Dividend Announcement
• Addtech announced a annually dividend of kr2.80 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-23
• Addtech annual dividend for 2024 was kr2.80
• Addtech annual dividend for 2023 was kr2.50
• Addtech's trailing twelve-month (TTM) dividend yield is 0.91%
• Addtech's payout ratio for the trailing twelve months (TTM) is 43.47%
• Addtech's dividend growth over the last five years (2018-2023) was -8.97% year
• Addtech's dividend growth over the last ten years (2013-2023) was -10.98% year
Addtech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | kr2.80 | annually | 2024-08-29 |
2023-08-24 | kr2.50 | annually | 2023-08-30 |
2022-08-26 | kr1.80 | annually | 2022-09-01 |
2021-08-27 | kr1.20 | annually | 2021-09-02 |
2020-08-31 | kr4.00 | annually | 2020-09-04 |
2019-08-30 | kr5.00 | annually | 2019-09-05 |
2018-08-31 | kr4.00 | annually | 2018-09-06 |
2017-09-01 | kr3.50 | annually | 2017-09-07 |
2016-09-01 | kr3.25 | annually | |
2015-08-28 | kr3.25 | annually | |
2014-08-28 | kr3.00 | annually | |
2013-08-29 | kr8.00 | annually |
Addtech Dividend per year
Addtech Dividend growth
Addtech Dividend Yield
Addtech current trailing twelve-month (TTM) dividend yield is 0.91%. Interested in purchasing Addtech stock? Use our calculator to estimate your expected dividend yield:
Addtech Financial Ratios
Addtech Dividend FAQ
Other factors to consider when evaluating Addtech 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: Addtech'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, Addtech 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, Addtech 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 Addtech 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: Addtech 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, Addtech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Addtech 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 Addtech'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 Addtech'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.