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Eltel AB (publ) provides technical services for the power and communication infrastructure networks in Sweden, Finland, Norway, Poland, Denmark, Germany, Lithuania, and internationally. The company builds, maintains, and upgrades power transmission systems, as well as supplies power distribution services. It also designs, plans, builds, installs, upgrades, operates, and services mobile and fixed networks. In addition, the company offers maintenance services, which comprise scheduled and corrective care services and connect services; upgrade and conversion services to recover and upgrade the condition or technology of an existing infrastructure network; and project delivery services, which include engineering and delivering customer specific network infrastructure projects. It provides its services to national transmission system operators, power distribution grids, telecom operators, and other communication network owners. The company was founded in 2001 is headquartered in Bromma, Sweden.

Eltel Dividend Announcement

Eltel announced a annually dividend of kr0.13 per ordinary share which will be made payable on . Ex dividend date: 2016-05-03
Eltel's trailing twelve-month (TTM) dividend yield is -%

Eltel Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-03kr0.13annually

Eltel Dividend per year

Eltel Dividend Yield

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

Eltel Financial Ratios

P/E ratio-3.81
PEG ratio-0.44
P/B ratio0.50
ROE-12.28%
Payout ratio0.00%
Current ratio0.71
Quick ratio0.65
Cash Ratio0.05

Eltel Dividend FAQ

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