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Detection Technology Oyj provides X-ray detector solutions for medical, security, and industrial applications in Finland and internationally. The company offers medical CT detectors; security CT detectors; photon-counting detectors; and line scan detectors, including linear detector arrays, detectors boards, and flat-panel detectors. Its products are used in computed tomography, and dental and surgical imaging applications; baggage, parcel and mail, cargo, container, vehicle, and people for security applications; and food industry, automotive, recycling and sorting, mining, and other industrial applications. Detection Technology Oyj was incorporated in 1991 and is based in Espoo, Finland.

Detection Technology Dividend Announcement

Detection Technology announced a annually dividend of €0.23 per ordinary share which will be made payable on 2024-04-09. Ex dividend date: 2024-03-28
Detection Technology annual dividend for 2024 was €0.23
Detection Technology annual dividend for 2023 was €0.20
Detection Technology's trailing twelve-month (TTM) dividend yield is 1.59%
Detection Technology's payout ratio for the trailing twelve months (TTM) is 48.19%
Detection Technology's dividend growth over the last five years (2018-2023) was -10.59% year

Detection Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-28€0.23annually2024-04-09
2023-03-31€0.20annually2023-04-12
2022-03-31€0.35annually2022-04-08
2021-03-31€0.28annually2021-04-12
2020-04-17€0.38annually2020-04-27
2019-03-29€0.38annually2019-04-08
2018-03-28€0.35annually2018-04-09
2017-03-24€0.25annually2017-04-03
2016-03-11€0.07annually

Detection Technology Dividend per year

Detection Technology Dividend growth

Detection Technology Dividend Yield

Detection Technology current trailing twelve-month (TTM) dividend yield is 1.59%. Interested in purchasing Detection Technology stock? Use our calculator to estimate your expected dividend yield:

Detection Technology Financial Ratios

P/E ratio20.18
PEG ratio3.00
P/B ratio2.87
ROE14.36%
Payout ratio48.19%
Current ratio4.87
Quick ratio3.39
Cash Ratio1.00

Detection Technology Dividend FAQ

How much is the next Detection Technology dividend?
Detection Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Detection Technology dividend. The next Detection Technology dividend will be released in March.
When is Detection Technology dividend paid?
Detection Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around March. 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 Detection Technology pay?
The specific amount of Detection Technology 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 Detection Technology's dividend history.
Does Detection Technology stock pay dividends?
Yes, Detection Technology 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 Detection Technology's dividend history.
How much dividend does Detection Technology pay?
Detection Technology paid €0.23 in 2024, €0.2 in 2023, €0.35 in 2022, €0.28 in 2021, and €0.38 in 2020.
How often does Detection Technology pay dividends?
Detection Technology typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is Detection Technology's dividend yield?
The current dividend yield for Detection Technology is 1.59%. 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 Detection Technology's exact dividend yield.
When does Detection Technology go ex dividend?
Detection Technology's ex-dividend date for the latest dividend was on 2024-03-28. Detection Technology 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 Detection Technology dividend paid?
Detection Technology pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Detection Technology 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 Detection Technology 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 Detection Technology dividend per share?
Detection Technology paid €0.23 per share in 2024 and €0.2 per share in 2023. The amount of dividend per share that Detection Technology 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 Detection Technology 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 Detection Technology 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 Detection Technology a dividend stock?
Yes, Detection Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Detection Technology a good dividend stock?
Whether Detection Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Detection Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Detection Technology 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 Detection Technology pay dividends monthly?
Detection Technology typically pays dividends on a annually basis.
Does Detection Technology pay dividends quarterly?
Detection Technology currently pays dividends on a annually basis.
Has Detection Technology ever paid a dividend?
Yes, Detection Technology has a history of paying dividends to its shareholders. Detection Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Detection Technology dividend stocks?
To buy Detection Technology 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 Detection Technology 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 Detection Technology pay dividends 2024?
Detection Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-04-09. 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 Detection Technology increase its dividend in 2024?
Decisions regarding Detection Technology 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 Detection Technology dividend overview you can look into the above table of dividend history.
How Detection Technology dividend works?
The Detection Technology 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 Detection Technology's dividend process works:

1. Determination of Dividend: Detection Technology'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, Detection Technology 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, Detection Technology 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 Detection Technology 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 Detection Technology dividends paid?
Detection Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Detection Technology 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, Detection Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Detection Technology 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 Detection Technology pay dividends?
Detection Technology typically pays dividends on a annually 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 Detection Technology pay dividends?
The general pattern is that Detection Technology pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Detection Technology dividend safe?
The safety of Detection Technology'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 Detection Technology'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 Detection Technology'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.