FREYR Battery engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. The company was founded in 2018 and is based in Luxembourg.
FREYR Battery Dividend Announcement
• FREYR Battery does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on FREYR Battery dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
FREYR Battery Dividend History
FREYR Battery Dividend Yield
FREYR Battery current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing FREYR Battery stock? Use our calculator to estimate your expected dividend yield:
FREYR Battery Financial Ratios
P/E ratio-2.36
PEG ratio0.03
P/B ratio0.47
ROE-18.51%
Payout ratio0.00%
Current ratio6.36
Quick ratio6.36
Cash Ratio5.80
FREYR Battery Dividend FAQ
Does FREYR Battery stock pay dividends?
FREYR Battery does not currently pay dividends to its shareholders.
Has FREYR Battery ever paid a dividend?
No, FREYR Battery has no a history of paying dividends to its shareholders. FREYR Battery is not known for its dividend payments.
Why doesn't FREYR Battery pay dividends?
There are several potential reasons why FREYR Battery 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.
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 FREYR Battery 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 FREYR Battery 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 FREYR Battery a dividend aristocrat?
FREYR Battery 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 FREYR Battery a dividend king?
FREYR Battery 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 FREYR Battery a dividend stock?
No, FREYR Battery 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 FREYR Battery stocks?
To buy FREYR Battery 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 FREYR Battery 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 FREYR Battery 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.