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Cenergy Holdings SA manufactures and sells aluminum, copper, cable, steel and steel pipes, and other products worldwide. It operates in two segments, Cables and Steel Pipes. The company offers high and extra high voltage submarine and land, high and extra-high power, power distribution, wind farm, industrial, control, signalling and railway signalling, network, data transmission, telecommunication, umbilicals, and optical fiber cables, as well as fiber to the home cables. It also provides turnkey solutions, such as customized application, supervision, technical support, transport and storage, training, spare part, installation, and repair and replacement. In addition, the company offers onshore and offshore pipelines, and casing pipes for transportation of oil, gas, and water networks, as well as hollow structural section products which are primarily used in the construction projects. It serves power grids, interconnections, offshore and onshore wind, solar energy, telecommunications and data transmission, oil and gas, and heavy industries. The company was founded in 1949 and is based in Brussels, Belgium. Cenergy Holdings SA is a subsidiary of Viohalco S.A.

Cenergy Dividend Announcement

• Cenergy announced a annually dividend of €0.08 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-25
• Cenergy annual dividend for 2024 was €0.08
• Cenergy annual dividend for 2023 was €0.05
• Cenergy's trailing twelve-month (TTM) dividend yield is 0.91%
• Cenergy's payout ratio for the trailing twelve months (TTM) is 10.61%

Cenergy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-25€0.08annually2024-06-27
2023-06-19€0.05annually2023-06-21

Cenergy Dividend per year

Cenergy Dividend Yield

Cenergy current trailing twelve-month (TTM) dividend yield is 0.91%. Interested in purchasing Cenergy stock? Use our calculator to estimate your expected dividend yield:

Cenergy Financial Ratios

P/E ratio15.75
PEG ratio-0.66
P/B ratio3.70
ROE24.75%
Payout ratio10.61%
Current ratio0.98
Quick ratio0.56
Cash Ratio0.14

Cenergy Dividend FAQ

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