Duroc AB (publ), through its subsidiaries, engages in the fiber, industrial trade, and other businesses in Sweden, Europe, and the United States. The company manufactures polypropylene-based fibers and yarns for the automotive, construction, furniture, and filter industries; and textiles for greenhouses. It also distributes diesel engines for industrial and marine uses, as well as provides related spare parts, service, repairs, and others; and trades in machine tools, including automation solutions, tools, service, and support for engineering companies. The company engages in the maintenance of railway wheels for locomotives and freight wagons to rail operators; and renovation and manufacturing of industrial components based on laser surface treatment technology. Duroc AB (publ) was founded in 1987 and is headquartered in Stockholm, Sweden.
Duroc Dividend Announcement
• Duroc announced a annually dividend of kr0.30 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-11-06
• Duroc annual dividend for 2024 was kr0.30
• Duroc annual dividend for 2023 was kr0.25
• Duroc's trailing twelve-month (TTM) dividend yield is 1.7%
• Duroc's payout ratio for the trailing twelve months (TTM) is 42.24%
Duroc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | kr0.30 | annually | 2024-11-12 |
2023-11-08 | kr0.25 | annually | 2023-11-14 |
2022-11-09 | kr0.25 | annually | 2022-11-15 |
2013-05-07 | kr0.40 | annually | |
2012-05-04 | kr2.20 | annually | |
2008-05-07 | kr1.50 | annually |
Duroc Dividend per year
Duroc Dividend growth
Duroc Dividend Yield
Duroc current trailing twelve-month (TTM) dividend yield is 1.7%. Interested in purchasing Duroc stock? Use our calculator to estimate your expected dividend yield:
Duroc Financial Ratios
Duroc Dividend FAQ
Other factors to consider when evaluating Duroc 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: Duroc'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, Duroc 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, Duroc 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 Duroc 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: Duroc 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, Duroc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Duroc 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 Duroc'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 Duroc'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.