Festi hf., together with its subsidiaries, engages in the retail sale of fuel in Iceland. It operates through N1, Krónan, and ELKO segments. The company operates 86 fuel service stations, 13 electricity service stations, and one methane service station for vehicles; 27 service stations that offer refreshments and healthy snacks under the Nesti og Ísey brand; 11 lubrication and tyre service stations; and 6 corporate stores and 42 maritime fuel pumps. It also operates 26 convenience stores under the Krónan, Kr, and Kjarval brand name, as well as Krónan online store; 6 electronic stores under the Elko brand name, as well as an online store; and 2 warehouses that provides product storage, packing, labelling, and distribution services under the Bakkinn brand. It also leases non-residential real estate properties. The company was formerly known as N1 hf. and changed its name to Festi hf. in September 2018. Festi hf. is headquartered in Kopavogur, Iceland.
Festi Dividend Announcement
• Festi announced a annually dividend of kr3.00 per ordinary share which will be made payable on 2024-04-10. Ex dividend date: 2024-03-06
• Festi annual dividend for 2024 was kr3.00
• Festi annual dividend for 2023 was kr3.00
• Festi's trailing twelve-month (TTM) dividend yield is 1.05%
• Festi's payout ratio for the trailing twelve months (TTM) is 20.72%
Festi Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-06 | kr3.00 | annually | 2024-04-10 |
| 2023-03-22 | kr3.00 | annually | 2023-04-12 |
| 2022-03-22 | kr5.00 | annually | 2022-04-08 |
| 2021-03-22 | kr3.00 | annually | 2021-04-08 |
| 2020-03-23 | kr2.00 | annually | |
| 2017-03-22 | kr3.00 | annually | 2017-04-06 |
| 2016-03-17 | kr3.00 | annually | |
| 2015-03-24 | kr3.00 | annually |
Festi Dividend per year
Festi Dividend growth
Festi Dividend Yield
Festi current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Festi stock? Use our calculator to estimate your expected dividend yield:
Festi Financial Ratios
P/E ratio20.05
PEG ratio0.63
P/B ratio2.16
ROE11.83%
Payout ratio20.72%
Current ratio1.19
Quick ratio0.58
Cash Ratio0.25
Festi Dividend FAQ
How much is the next Festi dividend?
Festi's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Festi dividend. The next Festi dividend will be released in March.
When is Festi dividend paid?
Festi pays dividends on a annually basis. The specific dates may vary each year but are generally around March. 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 Festi pay?
The specific amount of Festi 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 Festi's dividend history.
Does Festi stock pay dividends?
Yes, Festi 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 Festi's dividend history.
How much dividend does Festi pay?
Festi paid kr3 in 2024, kr3 in 2023, kr5 in 2022, kr3 in 2021, and kr2 in 2020.
How often does Festi pay dividends?
Festi 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 March.
What is Festi's dividend yield?
The current dividend yield for Festi is 1.05%. 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 Festi's exact dividend yield.
When does Festi go ex dividend?
Festi's ex-dividend date for the latest dividend was on 2024-03-06. Festi 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 Festi dividend paid?
Festi pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will Festi 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 Festi 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 Festi dividend per share?
Festi paid kr3 per share in 2024 and kr3 per share in 2023. The amount of dividend per share that Festi 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 Festi 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 Festi 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 Festi a dividend stock?
Yes, Festi is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Festi a good dividend stock?
Whether Festi is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Festi has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Festi 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.
Other factors to consider when evaluating Festi 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 Festi pay dividends monthly?
Festi typically pays dividends on a annually basis.
Does Festi pay dividends quarterly?
Festi currently pays dividends on a annually basis.
Has Festi ever paid a dividend?
Yes, Festi has a history of paying dividends to its shareholders. Festi is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Festi dividend stocks?
To buy Festi 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 Festi 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.
Place an order: Use the brokerage's trading platform to place an order to buy Festi 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 Festi pay dividends 2024?
Festi pays dividends on a annually basis. 2024 dividend payments are in 2024-04-10. 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 Festi increase its dividend in 2024?
Decisions regarding Festi 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 Festi dividend overview you can look into the above table of dividend history.
How Festi dividend works?
The Festi 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 Festi's dividend process works:
1. Determination of Dividend: Festi'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, Festi 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, Festi 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 Festi 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.
1. Determination of Dividend: Festi'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, Festi 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, Festi 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 Festi 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 Festi dividends paid?
Festi dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Festi 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, Festi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Festi 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.
1. Record Date: Festi 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, Festi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Festi 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 Festi pay dividends?
Festi 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 Festi pay dividends?
The general pattern is that Festi pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Festi dividend safe?
The safety of Festi'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 Festi'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 Festi'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.
To assess the safety of Festi'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 Festi'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.