Dometic Group AB (publ), together with its subsidiaries, provides solutions for mobile living in the areas of food and beverage, climate, power and control, safety and security, and hygiene and sanitation in the Americas, Germany, Australia, the United Kingdom, France, Italy, Sweden, the Netherlands, Canada, and internationally. The company offers climate control products, such as air conditioners, awnings, blinds, windows and doors, ventilation products, heaters, furnaces, and patio rooms and tents; food and beverage products, including refrigerators, cool boxes, cooking products, and accessories; and safety and security products comprising carbon monoxide detectors, security locks, safety handrails, safes, alarm systems, and gas detectors, as well as driving support accessories. It also provides power and control solutions, which include energy and lighting, marine control, and marine steering systems products, and control devices, as well as related accessories; and hygiene and sanitation products, such as toilets, pumps, hoses, bio-degradable cleaners, and smart electronic controls, as well as related accessories. In addition, the company offers vessel controls, and fuel and system integration systems to the leisure marine industry; and marine blinds, screens, and soft furnishings for the leisure marine and yacht segments. Dometic Group AB (publ) provides its products for use in recreational vehicles, pleasure boats, workboats, trucks, cars, and others. The company was founded in 1922 and is headquartered in Solna, Sweden.
Dometic Dividend Announcement
• Dometic announced a annually dividend of kr1.90 per ordinary share which will be made payable on 2024-04-18. Ex dividend date: 2024-04-12
• Dometic annual dividend for 2024 was kr1.90
• Dometic annual dividend for 2023 was kr1.30
• Dometic's trailing twelve-month (TTM) dividend yield is 3.11%
• Dometic's payout ratio for the trailing twelve months (TTM) is -52.60%
• Dometic's dividend growth over the last five years (2018-2023) was -8.71% year
Dometic Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-12 | kr1.90 | annually | 2024-04-18 |
| 2023-04-13 | kr1.30 | annually | 2023-04-19 |
| 2022-04-14 | kr2.45 | annually | 2022-04-22 |
| 2021-04-14 | kr2.30 | annually | 2021-04-20 |
| 2020-04-08 | kr2.20 | annually | |
| 2019-04-10 | kr2.15 | annually | 2019-04-16 |
| 2018-04-11 | kr2.05 | annually | 2018-04-17 |
| 2017-04-10 | kr1.85 | annually | 2017-04-18 |
Dometic Dividend per year
Dometic Dividend growth
Dometic Dividend Yield
Dometic current trailing twelve-month (TTM) dividend yield is 3.11%. Interested in purchasing Dometic stock? Use our calculator to estimate your expected dividend yield:
Dometic Financial Ratios
P/E ratio-16.93
PEG ratio-0.03
P/B ratio0.79
ROE-4.33%
Payout ratio-52.60%
Current ratio1.66
Quick ratio0.88
Cash Ratio0.47
Dometic Dividend FAQ
How much is the next Dometic dividend?
Dometic's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dometic dividend. The next Dometic dividend will be released in April.
When is Dometic dividend paid?
Dometic pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Dometic pay?
The specific amount of Dometic 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 Dometic's dividend history.
Does Dometic stock pay dividends?
Yes, Dometic 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 Dometic's dividend history.
How much dividend does Dometic pay?
Dometic paid kr1.9 in 2024, kr1.3 in 2023, kr2.45 in 2022, kr2.3 in 2021, and kr2.2 in 2020.
How often does Dometic pay dividends?
Dometic 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 April.
What is Dometic's dividend yield?
The current dividend yield for Dometic is 3.11%. 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 Dometic's exact dividend yield.
When does Dometic go ex dividend?
Dometic's ex-dividend date for the latest dividend was on 2024-04-12. Dometic 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 Dometic dividend paid?
Dometic pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Dometic 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 Dometic 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 Dometic dividend per share?
Dometic paid kr1.9 per share in 2024 and kr1.3 per share in 2023. The amount of dividend per share that Dometic 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 Dometic 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 Dometic 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 Dometic a dividend stock?
Yes, Dometic is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dometic a good dividend stock?
Whether Dometic is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dometic has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dometic 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.
Other factors to consider when evaluating Dometic 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 Dometic pay dividends monthly?
Dometic typically pays dividends on a annually basis.
Does Dometic pay dividends quarterly?
Dometic currently pays dividends on a annually basis.
Has Dometic ever paid a dividend?
Yes, Dometic has a history of paying dividends to its shareholders. Dometic is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dometic dividend stocks?
To buy Dometic 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 Dometic 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.
Place an order: Use the brokerage's trading platform to place an order to buy Dometic 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 Dometic pay dividends 2024?
Dometic pays dividends on a annually basis. 2024 dividend payments are in 2024-04-18. 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 Dometic increase its dividend in 2024?
Decisions regarding Dometic 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 Dometic dividend overview you can look into the above table of dividend history.
How Dometic dividend works?
The Dometic 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 Dometic's dividend process works:
1. Determination of Dividend: Dometic'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, Dometic 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, Dometic 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 Dometic 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. Determination of Dividend: Dometic'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, Dometic 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, Dometic 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 Dometic 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 Dometic dividends paid?
Dometic dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dometic 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, Dometic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dometic 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.
1. Record Date: Dometic 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, Dometic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dometic 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 Dometic pay dividends?
Dometic 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 Dometic pay dividends?
The general pattern is that Dometic pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dometic dividend safe?
The safety of Dometic'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 Dometic'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 Dometic'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.
To assess the safety of Dometic'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 Dometic'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.