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Balco Group AB engages in developing, manufacturing, selling, and installing balcony systems for tenant-owner associations, private landlords, and public housing and construction companies. The company operates in two segments, Renovation and New Build. It offers glazed, open, city, maritime, and prefabricated balconies, as well as provides facade solutions; and accessories and other products comprising privacy screens, side and intermediate screens, glass corners, balcony doors, sun protection, roller blinds, flower boxes, flag brackets, solar panels, and locks. The company has operations in Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, and the Netherlands. Balco Group AB was founded in 1987 and is headquartered in Växjö, Sweden.

Balco Dividend Announcement

• Balco announced a semi annually dividend of kr0.75 per ordinary share which will be made payable on 2023-11-14. Ex dividend date: 2023-11-08
• Balco annual dividend for 2023 was kr1.50
• Balco's trailing twelve-month (TTM) dividend yield is 1.72%
• Balco's payout ratio for the trailing twelve months (TTM) is 150.98%

Balco Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-08kr0.75semi annually2023-11-14
2023-05-10kr0.75semi annually2023-05-16
2022-11-23kr1.00semi annually2022-11-29
2022-05-25kr1.00semi annually2022-06-01
2019-05-22kr2.00semi annually2019-05-28

Balco Dividend per year

Balco Dividend Yield

Balco current trailing twelve-month (TTM) dividend yield is 1.72%. Interested in purchasing Balco stock? Use our calculator to estimate your expected dividend yield:

Balco Financial Ratios

P/E ratio91.94
PEG ratio5.48
P/B ratio1.26
ROE1.39%
Payout ratio150.98%
Current ratio1.62
Quick ratio1.41
Cash Ratio0.12

Balco Dividend FAQ

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