DevPort AB (publ) engages in product development, production development, and digital solutions businesses in Sweden. The company develops software and hardware products. It also provides product development and design services in the areas of vehicle design, machine design, tools, shape and design, HMI, ergonomics, geometric fuse, testing, and electrical and wiring construction. In addition, the company offers production development services ranging from production, process, and flow optimization to processing, management, and quality assurance, as well as provides supply chain management services. It serves vehicle manufacturers and companies in the defense, life science, and other development-intensive industries. DevPort AB (publ) was incorporated in 2008 and is headquartered in Gothenburg, Sweden.
DevPort Dividend Announcement
• DevPort announced a annually dividend of kr1.50 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-16
• DevPort annual dividend for 2024 was kr1.50
• DevPort annual dividend for 2023 was kr0.25
• DevPort's trailing twelve-month (TTM) dividend yield is 5.19%
• DevPort's payout ratio for the trailing twelve months (TTM) is 45.22%
DevPort Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | kr1.50 | annually | 2024-05-22 |
2023-05-10 | kr0.25 | annually | 2023-05-16 |
2022-05-19 | kr0.75 | annually | 2022-05-25 |
2019-05-15 | kr0.75 | annually | 2019-05-21 |
DevPort Dividend per year
DevPort Dividend growth
DevPort Dividend Yield
DevPort current trailing twelve-month (TTM) dividend yield is 5.19%. Interested in purchasing DevPort stock? Use our calculator to estimate your expected dividend yield:
DevPort Financial Ratios
DevPort Dividend FAQ
Other factors to consider when evaluating DevPort 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: DevPort'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, DevPort 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, DevPort 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 DevPort 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: DevPort 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, DevPort distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DevPort 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 DevPort'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 DevPort'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.