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DEME Group NV, together with its subsidiaries, operates as a dredging, marine engineering, and environmental remediation company. The company operates through four segments: Dredging & Infra, Offshore Energy, Environmental, and Concessions. It offers dredging solutions, including maintenance and capital dredging, coastal protection, port construction, beach nourishment, breakwaters and dams, and land reclamation; and offshore solutions for complex projects, such as foundations, power cables and umbilicals, wind turbine generators, geosciences, landfall construction, rock placement, and floating offshore wind, as well as platform installation, decommissioning, and heavy lifting services. The company is also involved in the soil remediation and brownfield development; environmental dredging and sediment treatment; and water treatment activities. In addition, it provides design and construction of hydraulic works, such as jetties, port terminals, locks, and weirs; infrastructural works, including bored, immersed, cut, and cover tunnels; foundations and marine works for bridges and other constructions; and civil works for harbor construction, dams and sea defenses, canal construction, revetment work, and quay wall construction and shore protection. The company was formerly known as Dredging Environmental and Marine Engineering NV. The company was founded in 1930 and is headquartered in Zwijndrecht, Belgium. DEME Group NV is a subsidiary of Compagnie d'Entreprises CFE SA.

DEME Dividend Announcement

• DEME announced a annually dividend of €1.47 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-21
• DEME annual dividend for 2024 was €1.47
• DEME annual dividend for 2023 was €1.50
• DEME's trailing twelve-month (TTM) dividend yield is 1.07%
• DEME's payout ratio for the trailing twelve months (TTM) is 33.29%

DEME Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-21€1.47annually2024-05-27
2023-07-03€1.50annually2023-07-10

DEME Dividend per year

DEME Dividend Yield

DEME current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing DEME stock? Use our calculator to estimate your expected dividend yield:

DEME Financial Ratios

P/E ratio12.76
PEG ratio0.13
P/B ratio1.75
ROE14.01%
Payout ratio33.29%
Current ratio0.88
Quick ratio0.87
Cash Ratio0.21

DEME Dividend FAQ

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