Genova Property Group AB (publ) operates as a property company in Sweden. It develops, owns, and manages various commercial, community service, and residential properties in Greater Stockholm and the Uppsala Region. Genova Property Group AB (publ) was founded in 2006 and is headquartered in Stockholm, Sweden.
Genova Property Dividend Announcement
• Genova Property announced a semi annually dividend of kr0.20 per ordinary share which will be made payable on 2023-10-25. Ex dividend date: 2023-10-19
• Genova Property's trailing twelve-month (TTM) dividend yield is -%
• Genova Property's payout ratio for the trailing twelve months (TTM) is -39.99%
Genova Property Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-10-19 | kr0.20 | semi annually | 2023-10-25 |
| 2023-05-02 | kr0.20 | semi annually |
Genova Property Dividend per year
Genova Property Dividend Yield
Genova Property current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Genova Property stock? Use our calculator to estimate your expected dividend yield:
Genova Property Financial Ratios
P/E ratio-10.23
PEG ratio0.49
P/B ratio0.68
ROE-7.61%
Payout ratio-39.99%
Current ratio0.20
Quick ratio0.20
Cash Ratio0.10
Genova Property Dividend FAQ
Does Genova Property stock pay dividends?
Genova Property does not currently pay dividends to its shareholders.
Has Genova Property ever paid a dividend?
No, Genova Property has no a history of paying dividends to its shareholders. Genova Property is not known for its dividend payments.
Why doesn't Genova Property pay dividends?
There are several potential reasons why Genova Property 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 Genova Property 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 Genova Property 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 Genova Property a dividend aristocrat?
Genova Property 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 Genova Property a dividend king?
Genova Property 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 Genova Property a dividend stock?
No, Genova Property 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 Genova Property stocks?
To buy Genova Property 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 Genova Property 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 Genova Property 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.