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engcon AB (publ) manufactures and sells tiltrotators. It offers quick couplers; EC-oil, which reduces the oil spillage and the time for changing equipment; control and safety systems comprise Q-Safe control locking system that standardizes the use of quick couplers; MIG2 joystick, which enables end-users to customize the joystick's functions; control system DC2, which is used to control the tiltrotators and the excavator's ground movements and boom swing; locking systems; positioning systems; and warning light and sound modules. The company also offers hydraulic tools, such as pallet forks, timber and combi grabs, ground compactors, sweeper rollers, Stone and sorting grabs, and detachable grippers and sweepers; and mechanical tools, including grading beams, tarmac cutters, deep-digging buckets, pallet forks, cable and grading buckets, rippers, water/sewerage buckets, and riddle buckets. It operates in Sweden, Denmark, Norway, Finland, North and South America, Japan, South Korea, Australia, New Zealand, and internationally. The company's products have applications in pipelines, road works, water and sewerage work, railway constructions, electrical works, and telecom and broadband works, as well as work on construction sites and landscaping. engcon AB (publ) was founded in 1990 and is headquartered in Strömsund, Sweden.

engcon Dividend Announcement

• engcon announced a semi annually dividend of kr0.47 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-30
• engcon annual dividend for 2024 was kr0.94
• engcon annual dividend for 2023 was kr0.85
• engcon's trailing twelve-month (TTM) dividend yield is 0.77%
• engcon's payout ratio for the trailing twelve months (TTM) is 82.08%

engcon Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30kr0.47semi annually2024-10-04
2024-05-03kr0.47semi annually2024-05-10
2023-09-29kr0.42semi annually2023-10-05
2023-05-05kr0.43semi annually2023-05-11

engcon Dividend per year

engcon Dividend Yield

engcon current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing engcon stock? Use our calculator to estimate your expected dividend yield:

engcon Financial Ratios

P/E ratio106.51
PEG ratio15.69
P/B ratio29.06
ROE27.82%
Payout ratio82.08%
Current ratio2.04
Quick ratio1.22
Cash Ratio0.26

engcon Dividend FAQ

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