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Dromeas SA produces and sells office furniture, partition walls, filing systems, and custom-made furniture solutions. It offers office chairs and desk seating products, including conference, executive, working, and visitor chairs; and public and auditorium seating products. The company also provides desk and workstations, such as home office products, conference and meeting tables, executive and work desks, workstations, folding tables, sit/stand desks, and auxiliary desks; pedestals, including executive, melamine, and metallic pedestals; melamine, veneer, and metallic bookcases; and sliding tracked storage systems. In addition, it offers furniture for education and reception, as well as space division accessories; and sound absorbing partitions. Further, the company provides die-casted aluminum equipment for the automotive industry. It offers its products through 32 branded stores in Greece and the Balkans; and exports its products to the United Kingdom, Germany, Belgium, Switzerland, Australia, Saudi Arabia, the United Arab Emirates, Qatar, Egypt, Cyprus, Russia, Bulgaria, and Albania. Dromeas SA was founded in 1979 and is headquartered in Serres, Greece.

Dromeas Dividend Announcement

• Dromeas announced a annually dividend of €0.01 per ordinary share which will be made payable on . Ex dividend date: 2010-06-16
• Dromeas's trailing twelve-month (TTM) dividend yield is -%

Dromeas Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-06-16€0.01annually
2008-06-20€0.02annually
2007-05-30€0.05annually
2005-05-20€0.11annually
2004-06-21€0.02annually
2003-06-30€0.02annually
2002-06-03€0.28annually
2001-05-31€0.27annually

Dromeas Dividend per year

Dromeas Dividend growth

Dromeas Dividend Yield

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

Dromeas Financial Ratios

P/E ratio-4.30
PEG ratio-0.83
P/B ratio0.37
ROE-8.36%
Payout ratio0.00%
Current ratio1.80
Quick ratio0.84
Cash Ratio0.16

Dromeas Dividend FAQ

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