company-logo

Elon AB (publ), through its subsidiaries, offers home electronics in Sweden. The company operates in Electra Retail and Electra Logistics & IT segments. It also provides trade, IT, and logistics services. In addition, the company offers supply of goods, 3PL, chain concept, establishment tools, store data systems, installation portal, digital signage, and accounting services. The company offers its products through retail chains, e-retailers, and companies in various industries. The company was formerly known as Electra Gruppen AB (publ) and changed its name to Elon AB (publ) in May 2022. Elon AB (publ) was founded in 1949 and is headquartered in Kalmar, Sweden.

Elon Dividend Announcement

Elon announced a annually dividend of kr1.25 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-08
Elon annual dividend for 2024 was kr1.25
Elon annual dividend for 2023 was kr2.00
Elon's trailing twelve-month (TTM) dividend yield is 4.83%
Elon's payout ratio for the trailing twelve months (TTM) is 70.29%
Elon's dividend growth over the last five years (2018-2023) was -13.99% year
Elon's dividend growth over the last ten years (2013-2023) was -5.44% year

Elon Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-08kr1.25annually2024-05-15
2023-05-30kr2.00annually2023-06-05
2022-06-23kr2.00annually2022-06-30
2022-03-29kr3.00annually2022-04-04
2021-04-28kr1.00annually2021-05-04
2020-11-12kr2.25annually2020-11-18
2020-05-07kr1.16annually
2019-05-10kr3.25annually2019-05-16
2018-04-26kr4.25annually2018-05-03
2017-04-27kr4.25annually2017-05-04
2016-04-29kr4.25annually
2015-04-30kr5.25annually
2014-04-30kr4.50annually
2013-04-24kr3.50annually

Elon Dividend per year

Elon Dividend growth

Elon Dividend Yield

Elon current trailing twelve-month (TTM) dividend yield is 4.83%. Interested in purchasing Elon stock? Use our calculator to estimate your expected dividend yield:

Elon Financial Ratios

P/E ratio16.11
PEG ratio2.83
P/B ratio0.71
ROE4.37%
Payout ratio70.29%
Current ratio1.24
Quick ratio0.78
Cash Ratio0.05

Elon Dividend FAQ

How much is the next Elon dividend?
Elon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Elon dividend. The next Elon dividend will be released in May.
When is Elon dividend paid?
Elon pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Elon pay?
The specific amount of Elon 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 Elon's dividend history.
Does Elon stock pay dividends?
Yes, Elon 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 Elon's dividend history.
How much dividend does Elon pay?
Elon paid kr1.25 in 2024, kr2.0 in 2023, kr5.0 in 2022, kr1.0 in 2021, and kr3.41 in 2020.
How often does Elon pay dividends?
Elon 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 May.
What is Elon's dividend yield?
The current dividend yield for Elon is 4.83%. 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 Elon's exact dividend yield.
When does Elon go ex dividend?
Elon's ex-dividend date for the latest dividend was on 2024-05-08. Elon 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 Elon dividend paid?
Elon pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Elon 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 Elon 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 Elon dividend per share?
Elon paid kr1.25 per share in 2024 and kr2.0 per share in 2023. The amount of dividend per share that Elon 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 Elon 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 Elon 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 Elon a dividend stock?
Yes, Elon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Elon a good dividend stock?
Whether Elon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Elon has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Elon 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 Elon pay dividends monthly?
Elon typically pays dividends on a annually basis.
Does Elon pay dividends quarterly?
Elon currently pays dividends on a annually basis.
Has Elon ever paid a dividend?
Yes, Elon has a history of paying dividends to its shareholders. Elon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Elon dividend stocks?
To buy Elon 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 Elon 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 Elon pay dividends 2024?
Elon pays dividends on a annually basis. 2024 dividend payments are in 2024-05-15. 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 Elon increase its dividend in 2024?
Decisions regarding Elon 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 Elon dividend overview you can look into the above table of dividend history.
How Elon dividend works?
The Elon 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 Elon's dividend process works:

1. Determination of Dividend: Elon'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, Elon 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, Elon 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 Elon 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 Elon dividends paid?
Elon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Elon 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, Elon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Elon 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 Elon pay dividends?
Elon 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 Elon pay dividends?
The general pattern is that Elon pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Elon dividend safe?
The safety of Elon'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 Elon'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 Elon'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.