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Dampskibsselskabet NORDEN A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through two segments: Assets & Logistics, and Freight Services & Trading. The Assets & Logistics segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to dry operators, tanker operators, and third parties. The Freight Services & Trading segment engages in the transportation of bulk commodities, such as grain, coal, iron ore, and sugar; and fuel oil and refined oil products, as well as charters vessels from third parties or from Assets & Logistics at market rates. The company operates 329 dry cargo vessels; and 128 product tanker vessels. Dampskibsselskabet NORDEN A/S was founded in 1871 and is headquartered in Hellerup, Denmark.

Dampskibsselskabet Norden Dividend Announcement

Dampskibsselskabet Norden announced a quarterly dividend of kr2.00 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-11-01
Dampskibsselskabet Norden annual dividend for 2024 was kr16.00
Dampskibsselskabet Norden annual dividend for 2023 was kr65.00
Dampskibsselskabet Norden's trailing twelve-month (TTM) dividend yield is 7.48%
Dampskibsselskabet Norden's payout ratio for the trailing twelve months (TTM) is 62.15%

Dampskibsselskabet Norden Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-01kr2.00quarterly2024-11-05
2024-08-09kr2.00quarterly2024-08-13
2024-04-26kr2.00quarterly2024-04-30
2024-03-13kr10.00quarterly2024-03-15
2023-11-03kr10.00quarterly2023-11-07
2023-08-11kr10.00quarterly2023-08-15
2023-05-04kr15.00quarterly2023-05-09
2023-03-10kr30.00quarterly2023-03-14
2022-11-07kr30.00quarterly2022-11-09
2022-08-19kr30.00quarterly2022-08-23
2022-03-25kr18.00quarterly2022-03-29
2021-03-26kr9.00quarterly2021-03-30
2020-06-15kr2.50quarterly2020-06-17
2020-03-30kr2.50quarterly
2019-04-12kr2.00quarterly2019-04-16
2014-04-24kr5.00quarterly
2013-04-25kr3.00quarterly
2012-04-12kr4.00quarterly
2011-04-12kr8.00quarterly
2010-04-23kr7.00quarterly
2009-04-24kr13.00quarterly

Dampskibsselskabet Norden Dividend per year

Dampskibsselskabet Norden Dividend growth

Dampskibsselskabet Norden Dividend Yield

Dampskibsselskabet Norden current trailing twelve-month (TTM) dividend yield is 7.48%. Interested in purchasing Dampskibsselskabet Norden stock? Use our calculator to estimate your expected dividend yield:

Dampskibsselskabet Norden Financial Ratios

P/E ratio5.21
PEG ratio-0.10
P/B ratio0.73
ROE14.32%
Payout ratio62.15%
Current ratio1.23
Quick ratio1.03
Cash Ratio0.24

Dampskibsselskabet Norden Dividend FAQ

How much is the next Dampskibsselskabet Norden dividend?
Dampskibsselskabet Norden's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dampskibsselskabet Norden dividend. The next Dampskibsselskabet Norden dividend will be released in March, May, August, or November.
When is Dampskibsselskabet Norden dividend paid?
Dampskibsselskabet Norden pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Dampskibsselskabet Norden pay?
The specific amount of Dampskibsselskabet Norden dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dampskibsselskabet Norden's dividend history.
Does Dampskibsselskabet Norden stock pay dividends?
Yes, Dampskibsselskabet Norden does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Dampskibsselskabet Norden's dividend history.
How much dividend does Dampskibsselskabet Norden pay?
Dampskibsselskabet Norden paid kr16.0 in 2024, kr65.0 in 2023, kr78.0 in 2022, kr9.0 in 2021, and kr5.0 in 2020.
How often does Dampskibsselskabet Norden pay dividends?
Dampskibsselskabet Norden typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Dampskibsselskabet Norden's dividend yield?
The current dividend yield for Dampskibsselskabet Norden is 7.48%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Dampskibsselskabet Norden's exact dividend yield.
When does Dampskibsselskabet Norden go ex dividend?
Dampskibsselskabet Norden's ex-dividend date for the latest dividend was on 2024-11-01. Dampskibsselskabet Norden typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Dampskibsselskabet Norden dividend paid?
Dampskibsselskabet Norden pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Dampskibsselskabet Norden increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Dampskibsselskabet Norden will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Dampskibsselskabet Norden dividend per share?
Dampskibsselskabet Norden paid kr16.0 per share in 2024 and kr65.0 per share in 2023. The amount of dividend per share that Dampskibsselskabet Norden pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Dampskibsselskabet Norden a dividend aristocrat?
No, 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 Dampskibsselskabet Norden a dividend king?
No, 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 Dampskibsselskabet Norden a dividend stock?
Yes, Dampskibsselskabet Norden is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dampskibsselskabet Norden a good dividend stock?
Whether Dampskibsselskabet Norden is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dampskibsselskabet Norden has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Dampskibsselskabet Norden as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Dampskibsselskabet Norden pay dividends monthly?
Dampskibsselskabet Norden typically pays dividends on a quarterly basis.
Does Dampskibsselskabet Norden pay dividends quarterly?
Dampskibsselskabet Norden currently pays dividends on a quarterly basis.
Has Dampskibsselskabet Norden ever paid a dividend?
Yes, Dampskibsselskabet Norden has a history of paying dividends to its shareholders. Dampskibsselskabet Norden is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dampskibsselskabet Norden dividend stocks?
To buy Dampskibsselskabet Norden 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Dampskibsselskabet Norden 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.
When does Dampskibsselskabet Norden pay dividends 2024?
Dampskibsselskabet Norden pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Dampskibsselskabet Norden increase its dividend in 2024?
Decisions regarding Dampskibsselskabet Norden dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Dampskibsselskabet Norden dividend overview you can look into the above table of dividend history.
How Dampskibsselskabet Norden dividend works?
The Dampskibsselskabet Norden dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Dampskibsselskabet Norden's dividend process works:

1. Determination of Dividend: Dampskibsselskabet Norden's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Dampskibsselskabet Norden publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Dampskibsselskabet Norden distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Dampskibsselskabet Norden are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Dampskibsselskabet Norden dividends paid?
Dampskibsselskabet Norden dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Dampskibsselskabet Norden sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Dampskibsselskabet Norden distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Dampskibsselskabet Norden declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Dampskibsselskabet Norden pay dividends?
Dampskibsselskabet Norden typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Dampskibsselskabet Norden pay dividends?
The general pattern is that Dampskibsselskabet Norden pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dampskibsselskabet Norden dividend safe?
The safety of Dampskibsselskabet Norden's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Dampskibsselskabet Norden's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Dampskibsselskabet Norden's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.