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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-28 | €0.23 | annually | 2024-04-09 |
2023-03-31 | €0.20 | annually | 2023-04-12 |
2022-03-31 | €0.35 | annually | 2022-04-08 |
2021-03-31 | €0.28 | annually | 2021-04-12 |
2020-04-17 | €0.38 | annually | 2020-04-27 |
2019-03-29 | €0.38 | annually | 2019-04-08 |
2018-03-28 | €0.35 | annually | 2018-04-09 |
2017-03-24 | €0.25 | annually | 2017-04-03 |
2016-03-11 | €0.07 | annually |
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
Detection Technology Dividend FAQ
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.
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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.
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.
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.