Alimak Group AB (publ) provides vertical access solutions in Europe, Asia, Australia, South and North America, and internationally. The company operates through four segments: BMU, Construction, Industrial, and Wind. The company develops, manufactures, sells, services, and rents construction hoists and platforms for temporary use in construction and renovation projects; sells used construction products; and provides assembly, disassembly, maintenance, operating assistance, transportation, and insurance services. It also offers installed rack-and-pinion and traction elevators used in ports, power, cement, marine, and oil and gas segments for maintenance and accessibility; service solutions, such as package, preventive maintenance and repair, inspection, refurbishment, and customer training services, as well as genuine replacement parts; and permanently installed equipment and systems that enable regular access to the building maintenance units. In addition, the company provides vertical access solutions and safety products; and service lifts, vertical ladders, and fall protection systems. It offers its products and services under the Alimak, CoxGomyl, Manntech, Avanti, and Alimak Service brand names. Alimak Group AB (publ) was founded in 1948 and is headquartered in Stockholm, Sweden.
Alimak Dividend Announcement
• Alimak announced a annually dividend of kr2.50 per ordinary share which will be made payable on 2024-05-07. Ex dividend date: 2024-04-30
• Alimak annual dividend for 2024 was kr2.50
• Alimak annual dividend for 2023 was kr1.82
• Alimak's trailing twelve-month (TTM) dividend yield is 2.04%
• Alimak's payout ratio for the trailing twelve months (TTM) is 48.27%
• Alimak's dividend growth over the last five years (2018-2023) was 1.17% year
Alimak Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-30 | kr2.50 | annually | 2024-05-07 |
2023-05-05 | kr1.82 | annually | 2023-05-11 |
2022-05-06 | kr2.46 | annually | 2022-05-12 |
2021-05-07 | kr0.75 | annually | 2021-05-14 |
2020-05-08 | kr1.31 | annually | 2020-05-14 |
2019-05-10 | kr2.05 | annually | 2019-05-16 |
2018-05-17 | kr1.72 | annually | 2018-05-23 |
2017-05-12 | kr1.19 | annually | 2017-05-18 |
2016-05-12 | kr1.37 | annually |
Alimak Dividend per year
Alimak Dividend growth
Alimak Dividend Yield
Alimak current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing Alimak stock? Use our calculator to estimate your expected dividend yield:
Alimak Financial Ratios
Alimak Dividend FAQ
Other factors to consider when evaluating Alimak 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: Alimak'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, Alimak 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, Alimak 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 Alimak 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: Alimak 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, Alimak distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alimak 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 Alimak'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 Alimak'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.