CAG Group AB (publ) engages in the IT-management, system development, operations, and training businesses in Sweden. The company offers IT-management services, such as process and requirements analysis, order and purchase support, change management, and project management; and system development services, including integration, front and back-end development, test and measurement systems development, and testing and test management. It also provides operations and support services to operation critical applications, as well as financial systems management, hosting, and cloud services; and training services with a range of certifications, courses, seminars, workshops, and lectures in English and Swedish languages. The company is based in Stockholm, Sweden.
CAG Dividend Announcement
• CAG announced a annually dividend of kr3.90 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-08
• CAG annual dividend for 2024 was kr3.90
• CAG annual dividend for 2023 was kr3.60
• CAG's trailing twelve-month (TTM) dividend yield is 3.58%
• CAG's payout ratio for the trailing twelve months (TTM) is 54.27%
CAG Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-08 | kr3.90 | annually | 2024-05-15 |
2023-05-05 | kr3.60 | annually | 2023-05-11 |
2022-05-05 | kr3.10 | annually | 2022-05-11 |
2021-05-07 | kr3.00 | annually | 2021-05-14 |
2020-05-13 | kr2.90 | annually | 2020-05-19 |
2019-05-17 | kr2.60 | annually | 2019-05-23 |
CAG Dividend per year
CAG Dividend growth
CAG Dividend Yield
CAG current trailing twelve-month (TTM) dividend yield is 3.58%. Interested in purchasing CAG stock? Use our calculator to estimate your expected dividend yield:
CAG Financial Ratios
CAG Dividend FAQ
Other factors to consider when evaluating CAG 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: CAG'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, CAG 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, CAG 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 CAG 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: CAG 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, CAG distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CAG 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 CAG'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 CAG'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.