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CTEK AB (publ) provides battery charging products for all types of vehicles in Sweden, Nordics, DACH, the Americas, rest of Europe, and internationally. The company offers products ranging from 12V and 24V battery chargers, load balancing systems, and back-end solutions and accessories for electric vehicle charging. It serves in various industries, such as municipalities, energy companies, housing cooperatives, property owners, corporations, parking companies, and private individuals. The company was founded in 1997 and is based in Vikmanshyttan, Sweden.

CTEK Dividend Announcement

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

CTEK Dividend History

CTEK Dividend Yield

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

CTEK Financial Ratios

P/E ratio-5.75
PEG ratio0.14
P/B ratio1.71
ROE-29.73%
Payout ratio0.00%
Current ratio2.53
Quick ratio1.41
Cash Ratio0.60

CTEK Dividend FAQ

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