Candles Scandinavia AB (publ) manufactures and sells scented candles based on plant-based wax made of rapeseed oil. It distributes candles under private labels, such as Yankee Candle, WoodWick, Blanche, Olivia & Co, Millefiori Milano, and Leyonore, as well as own brands. The company was founded in 2009 and is based in Örebro, Sweden.
Candles Scandinavia Dividend Announcement
• Candles Scandinavia does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Candles Scandinavia dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Candles Scandinavia Dividend History
Candles Scandinavia Dividend Yield
Candles Scandinavia current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Candles Scandinavia stock? Use our calculator to estimate your expected dividend yield:
Candles Scandinavia Financial Ratios
P/E ratio-12.30
PEG ratio-0.13
P/B ratio2.28
ROE-18.36%
Payout ratio0.00%
Current ratio2.27
Quick ratio0.95
Cash Ratio0.01
Candles Scandinavia Dividend FAQ
Does Candles Scandinavia stock pay dividends?
Candles Scandinavia does not currently pay dividends to its shareholders.
Has Candles Scandinavia ever paid a dividend?
No, Candles Scandinavia has no a history of paying dividends to its shareholders. Candles Scandinavia is not known for its dividend payments.
Why doesn't Candles Scandinavia pay dividends?
There are several potential reasons why Candles Scandinavia 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.
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 Candles Scandinavia 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 Candles Scandinavia 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 Candles Scandinavia a dividend aristocrat?
Candles Scandinavia 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 Candles Scandinavia a dividend king?
Candles Scandinavia 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 Candles Scandinavia a dividend stock?
No, Candles Scandinavia 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 Candles Scandinavia stocks?
To buy Candles Scandinavia 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 Candles Scandinavia 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.
Place an order: Use the brokerage's trading platform to place an order to buy Candles Scandinavia 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.