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Afarak Group Oyj engages in the production and supply of chrome products worldwide. It operates through two segments, FerroAlloys and Speciality Alloys. The Ferro Alloys segment produces high carbon FeCr, plasma ferrochrome, charge ferrochrome, stainless steel alloy, and granulated MC ferrochrome. The Specialty Alloys segment offers specialized low ferrochrome, extra low carbon ferrochrome, and high chrome ferrochrome. It sells its products in the United States, China, Africa, Finland, other European Union countries, and other countries. The company was formerly known as Ruukki Group Plc and changed its name to Afarak Group Plc in July 2013. Afarak Group Oyj is based in Helsinki, Finland.

Afarak Dividend Announcement

• Afarak announced a semi annually dividend of €0.02 per ordinary share which will be made payable on 2017-06-09. Ex dividend date: 2017-05-31
• Afarak's trailing twelve-month (TTM) dividend yield is -%

Afarak Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-05-31€0.02semi annually2017-06-09
2016-08-16€0.01semi annually
2016-05-12€0.01semi annually
2015-05-11€0.02semi annually
2014-05-09€0.02semi annually
2013-05-10€0.01semi annually
2011-05-12€0.04semi annually
2010-04-22€0.04semi annually
2009-05-08€0.04semi annually
2008-04-01€0.04semi annually
2007-04-23€0.03semi annually
2006-10-30€0.01semi annually
2006-04-27€0.02semi annually

Afarak Dividend per year

Afarak Dividend growth

Afarak Dividend Yield

Afarak current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Afarak stock? Use our calculator to estimate your expected dividend yield:

Afarak Financial Ratios

P/E ratio-107.52
PEG ratio0.78
P/B ratio0.63
ROE-0.60%
Payout ratio0.00%
Current ratio2.76
Quick ratio1.57
Cash Ratio0.37

Afarak Dividend FAQ

Does Afarak stock pay dividends?
Afarak does not currently pay dividends to its shareholders.
Has Afarak ever paid a dividend?
No, Afarak has no a history of paying dividends to its shareholders. Afarak is not known for its dividend payments.
Why doesn't Afarak pay dividends?
There are several potential reasons why Afarak would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Afarak ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Afarak has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Afarak a dividend aristocrat?
Afarak is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Afarak a dividend king?
Afarak is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Afarak a dividend stock?
No, Afarak is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Afarak stocks?
To buy Afarak you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Afarak stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.