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City Service SE, together with its subsidiaries, provides facility management and integrated utility services in Lithuania, Poland, Spain, Latvia, and Russia. The company engages in the administration of commercial and residential apartment buildings, dwelling-houses, and marketplaces; maintenance, cleaning, and washing of territories and premises; maintenance and repair of engineering systems, machines, and installed technical equipment; and cleaning of pipelines, sewage, and fuel and other tanks. Its property management activities include real estate service operations, rent management, searching and handling of tenant payments, analyzing the risk related to property depreciation, and tenant control. The company is also involved in the management and renovation of energy resources; technical and energy audit of buildings; construction and maintenance and of gas stations; and sale of electricity, as well as asset management, real estate management, supply chain management, and construction and engineering activities. In addition, it offers IT, security, accommodation, debt collection, insurance, and energy saving services, as well as elevator installing, maintenance, and tech support services. The company is headquartered in Vilnius, Lithuania. City Service SE is a subsidiary of UAB ICOR.

City Service Dividend Announcement

• City Service announced a annually dividend of zł0.23 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-06-25
• City Service annual dividend for 2024 was zł0.23
• City Service's trailing twelve-month (TTM) dividend yield is 3.82%
• City Service's payout ratio for the trailing twelve months (TTM) is 20.75%

City Service Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-25zł0.23annually2024-07-04
2021-06-08zł1.94annually2021-06-16
2020-10-29zł0.59annually2020-11-28
2020-06-29zł0.42annually2020-07-29
2018-06-29zł1.35annually2018-07-31

City Service Dividend per year

City Service Dividend Yield

City Service current trailing twelve-month (TTM) dividend yield is 3.82%. Interested in purchasing City Service stock? Use our calculator to estimate your expected dividend yield:

City Service Financial Ratios

P/E ratio5.39
PEG ratio0.23
P/B ratio1.67
ROE33.22%
Payout ratio20.75%
Current ratio1.08
Quick ratio1.06
Cash Ratio0.18

City Service Dividend FAQ

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