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Clemondo Group AB (publ) develops, manufactures, and sells a range of cleaning products in Sweden. It provides cleaning solutions for vehicle; cutting fluids and lubricants, aerosols, food, and cleaning and disinfection industries; and sanitary facilities, public areas, laundry and detergent, floor cleaning, windows and mirrors, surface disinfection, and kitchen. The company also offers soap and hygiene products, such as soap, hand and skin cream, hand disinfection, and hair and body wash products, as well as other equipment. It sells its products under its Lahega, Liv, and Strovels brands, as well as through private labels. The company was formerly known as NC Lahega AB (publ) and changed its name to Clemondo Group AB (publ) in May 2017. Clemondo Group AB (publ) was founded in 1952 and is headquartered in Helsingborg, Sweden.

Clemondo Dividend Announcement

• Clemondo does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Clemondo dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Clemondo Dividend Yield

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

Clemondo Financial Ratios

P/E ratio14.72
PEG ratio2.45
P/B ratio0.85
ROE5.89%
Payout ratio0.00%
Current ratio1.36
Quick ratio0.66
Cash Ratio0.00

Clemondo Dividend FAQ

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