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Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally. It offers Pure-Pak cartons for chilled and ambient applications; chilled and ambient beverages; filling chilled and ambient equipment, and distribution packaging products. It also provides packaging solutions for detergent, fabric softener, and hand wash products. In addition, the company offers standard flexo, super flexo, UV-flexo, and offset litho printing services, as well as digital print proofs and machine print proofs on paper board. Further, it provides machine and equipment through online webshop. Elopak ASA was founded in 1957 and is based in Oslo, Norway.

Elopak Dividend Announcement

• Elopak announced a annually dividend of kr1.46 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-14
• Elopak annual dividend for 2024 was kr1.46
• Elopak annual dividend for 2023 was kr0.86
• Elopak's trailing twelve-month (TTM) dividend yield is 38.39%

Elopak Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-14kr1.46annually2024-05-28
2023-05-12kr0.86annually
2022-05-13kr0.75annually

Elopak Dividend per year

Elopak Dividend growth

Elopak Dividend Yield

Elopak current trailing twelve-month (TTM) dividend yield is 38.39%. Interested in purchasing Elopak stock? Use our calculator to estimate your expected dividend yield:

Elopak Financial Ratios

P/E ratio15.48
PEG ratio15.74
P/B ratio3.20
ROE20.78%
Payout ratio0.00%
Current ratio1.34
Quick ratio0.78
Cash Ratio0.06

Elopak Dividend FAQ

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