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Ferronordic AB (publ), together with its subsidiaries, sells, rents, and services construction equipment, trucks, and other machines in Russia, Kazakhstan, and Germany. The company also sells, repairs, and maintains machines, trucks, engines, spare parts, and attachments; and offers aftermarket sales services, as well as technical support, contracting, and other services. In addition, it provides consultancy services, such as machine operator training. The company's brand portfolio includes Volvo Construction Equipment, Terex Trucks, Dressta, Rottne, Mecalac, Ferronordic, Volvo, and Renault Trucks. It serves the mining, road construction, general construction, forestry, quarries and aggregates, and oil and gas industries. Ferronordic AB (publ) was founded in 2010 and is headquartered in Stockholm, Sweden.

Ferronordic Dividend Announcement

• Ferronordic announced a annually dividend of kr7.50 per ordinary share which will be made payable on 2023-05-19. Ex dividend date: 2023-05-12
• Ferronordic annual dividend for 2023 was kr7.50
• Ferronordic's trailing twelve-month (TTM) dividend yield is -%
• Ferronordic's payout ratio for the trailing twelve months (TTM) is -6.64%

Ferronordic Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-05-12kr7.50annually2023-05-19
2022-05-13kr11.50annually
2021-05-14kr7.50annually2021-05-20
2020-11-06kr4.25annually2020-11-12
2019-05-15kr3.75annually2019-05-21
2018-05-21kr1.73annually2018-05-25

Ferronordic Dividend per year

Ferronordic Dividend growth

Ferronordic Dividend Yield

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

Ferronordic Financial Ratios

P/E ratio-4.62
PEG ratio-0.20
P/B ratio0.54
ROE-11.29%
Payout ratio-6.64%
Current ratio1.02
Quick ratio0.38
Cash Ratio0.09

Ferronordic Dividend FAQ

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