Drillcon AB (publ), together with its subsidiaries, operates as a diamond core drilling and raise boring contractor in Europe, Latin America, and internationally. The company offers various drilling services, such as surface and underground core drilling, and percussion drilling services, as well as technical surveys and services related to drilling. It also provides raise boring services for ventilation, ore and waste pass, production slot raise, narrow vein mining, shaft sinking, and box hole projects. In addition, the company offers geophysical services, including survey planning, field work, data processing, interpretation, map compiling, and reporting; geological services comprising geological and geotechnical core logging and mapping on site, dimension stone and aggregate investigation, and digital recording and processing of geological data; and rock mechanics services consisting of surveying, monitoring, advisory, and technical reporting. Drillcon AB (publ) was founded in 1963 and is headquartered in Nora, Sweden.
Drillcon Dividend Announcement
• Drillcon announced a annually dividend of kr0.25 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-20
• Drillcon annual dividend for 2024 was kr0.25
• Drillcon's trailing twelve-month (TTM) dividend yield is 5.23%
• Drillcon's payout ratio for the trailing twelve months (TTM) is 43.29%
Drillcon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | kr0.25 | annually | 2024-05-24 |
2021-05-20 | kr0.70 | annually | 2021-05-26 |
2019-05-20 | kr0.35 | annually | 2019-05-24 |
2018-05-18 | kr0.33 | annually | 2018-05-24 |
2017-05-19 | kr0.30 | annually | 2017-05-26 |
2016-05-19 | kr0.45 | annually | |
2015-05-13 | kr0.50 | annually | |
2014-05-15 | kr0.10 | annually | |
2013-05-15 | kr0.18 | annually | |
2012-05-15 | kr0.14 | annually | |
2011-05-11 | kr0.07 | annually | |
2010-05-11 | kr0.03 | annually |
Drillcon Dividend per year
Drillcon Dividend growth
Drillcon Dividend Yield
Drillcon current trailing twelve-month (TTM) dividend yield is 5.23%. Interested in purchasing Drillcon stock? Use our calculator to estimate your expected dividend yield:
Drillcon Financial Ratios
Drillcon Dividend FAQ
Other factors to consider when evaluating Drillcon 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: Drillcon'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, Drillcon 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, Drillcon 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 Drillcon 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: Drillcon 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, Drillcon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Drillcon 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 Drillcon'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 Drillcon'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.