BE Group AB (publ) operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Poland, Finland, and the Baltic States. The company offers long steel products comprising beams, hollow sections, steel bars, and steel tubes; flat steel products, such as plates and sheets in various forms, including hot-rolled, cold-rolled, or metal-coated; and engineering steel comprising rods and hollow cast blanks. It also provides stainless steel assortments, including plates, sheets, bars, tubes, and tube parts; reinforcement steel and reinforcement mesh products; and aluminium products, such as plates, sheets, profiles, and bars and tubes. In addition, the company offers production services, such as thermal cutting, drilling, sawing, slitting, blasting, and painting of hollow sections, as well as material advice, logistics solutions, and timesaving IT services that include web-based e-commerce, EDI, digital notifications, and electronic invoices. It offers its products through distributors and value-adding production services primarily to construction and manufacturing industries. BE Group AB (publ) was founded in 1868 and is headquartered in Malmö, Sweden.
BE Dividend Announcement
• BE announced a semi annually dividend of kr6.00 per ordinary share which will be made payable on 2023-10-27. Ex dividend date: 2023-10-23
• BE annual dividend for 2023 was kr12.00
• BE's trailing twelve-month (TTM) dividend yield is -%
• BE's payout ratio for the trailing twelve months (TTM) is -410.53%
BE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-10-23 | kr6.00 | semi annually | 2023-10-27 |
2023-04-21 | kr6.00 | semi annually | 2023-04-27 |
2022-04-22 | kr12.00 | semi annually | 2022-04-28 |
2020-04-30 | kr1.75 | semi annually | |
2019-04-26 | kr1.75 | semi annually | 2019-05-03 |
2012-04-26 | kr0.11 | semi annually | |
2009-05-14 | kr0.45 | semi annually | |
2008-04-24 | kr1.59 | semi annually | |
2007-05-16 | kr1.59 | semi annually |
BE Dividend per year
BE Dividend growth
BE Dividend Yield
BE current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing BE stock? Use our calculator to estimate your expected dividend yield:
BE Financial Ratios
BE Dividend FAQ
Other factors to consider when evaluating BE 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: BE'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, BE 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, BE 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 BE 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: BE 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, BE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BE 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 BE'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 BE'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.