Aspo Oyj owns and develops corporate brands in Finland, Scandinavia, the Baltic countries, Russia, Ukraine, other CIS countries, and internationally. The company operates through ESL Shipping, Leipurin, and Telko segments. The company's ESL Shipping segment conducts sea transportation of raw materials for industry and the energy sector; and offers related services. Its Leipurin segment supplies bakery customers, food industry, and to retail trade and chain customers in the foodservice business. The company's Telko segment supplies plastic raw materials and industrial chemicals the Baltic Sea region. This segment also provides technical support services; and engages in the development of production processes. Aspo Oyj was founded in 1929 and is based in Helsinki, Finland.
Aspo Dividend Announcement
• Aspo announced a semi annually dividend of €0.24 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2024-04-15
• Aspo annual dividend for 2024 was €0.24
• Aspo annual dividend for 2023 was €0.46
• Aspo's trailing twelve-month (TTM) dividend yield is 4.78%
• Aspo's payout ratio for the trailing twelve months (TTM) is -526.61%
• Aspo's dividend growth over the last five years (2018-2023) was 1.36% year
• Aspo's dividend growth over the last ten years (2013-2023) was 0.91% year
Aspo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-15 | €0.24 | semi annually | 2024-04-23 |
2023-11-02 | €0.23 | semi annually | 2023-11-10 |
2023-04-05 | €0.23 | semi annually | 2023-04-17 |
2022-11-03 | €0.22 | semi annually | 2022-11-11 |
2022-04-07 | €0.23 | semi annually | 2022-04-19 |
2021-10-28 | €0.17 | semi annually | 2021-11-05 |
2021-04-09 | €0.18 | semi annually | 2021-04-19 |
2020-10-30 | €0.23 | semi annually | |
2020-10-02 | €0.11 | semi annually | 2020-10-12 |
2020-05-05 | €0.11 | semi annually | |
2020-04-08 | €0.22 | semi annually | |
2019-10-30 | €0.22 | semi annually | 2019-11-07 |
2019-04-10 | €0.22 | semi annually | 2019-04-18 |
2018-10-26 | €0.22 | semi annually | 2018-11-05 |
2018-04-11 | €0.21 | semi annually | 2018-04-19 |
2017-10-27 | €0.21 | semi annually | 2017-11-06 |
2017-04-06 | €0.21 | semi annually | 2017-04-18 |
2016-04-08 | €0.41 | semi annually | |
2015-04-10 | €0.40 | semi annually | |
2014-04-04 | €0.21 | semi annually | |
2013-04-11 | €0.42 | semi annually |
Aspo Dividend per year
Aspo Dividend growth
Aspo Dividend Yield
Aspo current trailing twelve-month (TTM) dividend yield is 4.78%. Interested in purchasing Aspo stock? Use our calculator to estimate your expected dividend yield:
Aspo Financial Ratios
Aspo Dividend FAQ
Other factors to consider when evaluating Aspo 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: Aspo'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, Aspo 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, Aspo 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 Aspo 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: Aspo 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, Aspo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aspo 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 Aspo'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 Aspo'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.