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Arteche Lantegi Elkartea, S.A. designs, manufactures, integrates, and supplies electrical equipment and solutions focusing on renewable energies and smart grids in Spain and internationally. It offers high voltage instrument transformers, power voltage transformers, protection of mixed overhead-underground lines, digital instrument transformers, IEC medium voltage instrument transformers, IEEE/ANSI medium voltage instrument transformers, medium voltage sensors, railway relays, secondary injection tests products, substation automation systems, distribution automation controllers, reclosers and switches, capacitor banks and harmonic trips, and power quality products, as well as trip, supervision, and auxiliary relays. Its products are used for measurement, protection, automation, monitoring, and communication in the generation, transmission, and distribution sectors. The company was founded in 1946 and is based in Mungia, Spain.

Arteche Lantegi Elkartea Dividend Announcement

Arteche Lantegi Elkartea announced a annually dividend of €0.11 per ordinary share which will be made payable on . Ex dividend date: 2024-05-08
Arteche Lantegi Elkartea annual dividend for 2024 was €0.11
Arteche Lantegi Elkartea annual dividend for 2023 was €0.04
Arteche Lantegi Elkartea's trailing twelve-month (TTM) dividend yield is 1.64%
Arteche Lantegi Elkartea's payout ratio for the trailing twelve months (TTM) is 54.88%

Arteche Lantegi Elkartea Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-08€0.11annually
2023-06-01€0.04annually
2022-07-04€0.04annually

Arteche Lantegi Elkartea Dividend per year

Arteche Lantegi Elkartea Dividend growth

Arteche Lantegi Elkartea Dividend Yield

Arteche Lantegi Elkartea current trailing twelve-month (TTM) dividend yield is 1.64%. Interested in purchasing Arteche Lantegi Elkartea stock? Use our calculator to estimate your expected dividend yield:

Arteche Lantegi Elkartea Financial Ratios

P/E ratio24.18
PEG ratio0.26
P/B ratio5.46
ROE22.03%
Payout ratio54.88%
Current ratio1.22
Quick ratio0.77
Cash Ratio0.34

Arteche Lantegi Elkartea Dividend FAQ

Does Arteche Lantegi Elkartea stock pay dividends?
Arteche Lantegi Elkartea does not currently pay dividends to its shareholders.
Has Arteche Lantegi Elkartea ever paid a dividend?
No, Arteche Lantegi Elkartea has no a history of paying dividends to its shareholders. Arteche Lantegi Elkartea is not known for its dividend payments.
Why doesn't Arteche Lantegi Elkartea pay dividends?
There are several potential reasons why Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea a dividend aristocrat?
Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea a dividend king?
Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea a dividend stock?
No, Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea stocks?
To buy Arteche Lantegi Elkartea 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 Arteche Lantegi Elkartea 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.