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AS Tallink Grupp, together with its subsidiaries, provides marine passenger and cargo transportation services in the Baltic Sea. The company operates through Estonia-Finland Routes, Estonia-Sweden Routes, Latvia-Sweden Route, Finland-Sweden Routes, and Other segments. It offers mini-cruise and passenger transportation, and ro-ro cargo services, as well as travel packages. The company provides its services on various routes under the Tallink and Silja Line brands. AS Tallink Grupp operates a fleet of 15 vessels that include cruise ferries, high-speed ro-pax ferries, and ro-ro cargo vessels. The company also operates three hotels in Tallinn under the Tallink Hotels brand; and 14 restaurants of the fast food chain in Estonia, Latvia, and Lithuania. In addition, the company sells beauty products; holds real estate properties; and offers conference and business meeting, taxi, stevedoring, vehicles leasing, catering, technical ship management and crewing, and process agent services, as well as provides entertainment on ships. AS Tallink Grupp was founded in 1989 and is based in Tallinn, the Republic of Estonia.

AS Tallink Grupp Dividend Announcement

• AS Tallink Grupp announced a annually dividend of €0.06 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-06-19
• AS Tallink Grupp annual dividend for 2024 was €0.06
• AS Tallink Grupp's trailing twelve-month (TTM) dividend yield is 10.2%
• AS Tallink Grupp's payout ratio for the trailing twelve months (TTM) is 93.61%

AS Tallink Grupp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-19€0.06annually2024-07-03
2019-06-19€0.12annually2019-07-03

AS Tallink Grupp Dividend per year

AS Tallink Grupp Dividend Yield

AS Tallink Grupp current trailing twelve-month (TTM) dividend yield is 10.2%. Interested in purchasing AS Tallink Grupp stock? Use our calculator to estimate your expected dividend yield:

AS Tallink Grupp Financial Ratios

P/E ratio9.17
PEG ratio-6.22
P/B ratio0.56
ROE6.13%
Payout ratio93.61%
Current ratio0.55
Quick ratio0.35
Cash Ratio0.14

AS Tallink Grupp Dividend FAQ

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