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Dovre Group Plc, together with its subsidiaries, provides project management services worldwide. It operates in two segments, Project Personnel and Consulting. The Project Personnel segment provides project personnel services for various investment projects. The Consulting segment offers management and project management consulting and software for enterprise level management in Nordic countries. This segment also offers project advisory services. Dovre Group Plc serves private companies and public organizations in energy, mining, building infrastructure, and pulp and paper industries. The company was formerly known as Proha Plc and changed its name to Dovre Group Plc in March 2011. Dovre Group Plc was founded in 1983 and is based in Espoo, Finland.

Dovre Dividend Announcement

Dovre announced a annually dividend of €0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-04-05
Dovre annual dividend for 2024 was €0.01
Dovre annual dividend for 2023 was €0.01
Dovre's trailing twelve-month (TTM) dividend yield is 3.19%
Dovre's payout ratio for the trailing twelve months (TTM) is 27.67%

Dovre Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-05€0.01annually
2023-03-31€0.01annually
2021-06-11€0.01annually2021-06-28
2020-10-30€0.01annually2020-11-10
2020-10-26€0.01annually
2019-03-28€0.01annually2019-04-25
2018-03-29€0.01annually2018-04-10
2017-03-31€0.01annually2017-04-12
2016-03-18€0.01annually
2015-09-22€0.06annually
2015-03-26€0.02annually
2014-03-28€0.05annually
2013-03-15€0.02annually
2012-03-16€0.01annually

Dovre Dividend per year

Dovre Dividend growth

Dovre Dividend Yield

Dovre current trailing twelve-month (TTM) dividend yield is 3.19%. Interested in purchasing Dovre stock? Use our calculator to estimate your expected dividend yield:

Dovre Financial Ratios

P/E ratio8.66
PEG ratio6.12
P/B ratio0.95
ROE10.65%
Payout ratio27.67%
Current ratio1.15
Quick ratio1.04
Cash Ratio0.18

Dovre Dividend FAQ

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