Holmen AB (publ) produces and sells paperboards, papers, wood products, and renewable energy in Sweden, Germany, the United Kingdom, France, Italy, rest of Europe, Asia, and internationally. The company's Forest segment offers logs, pulpwood, and biofuel to sawmills, pulp mills, and paperboard and paper mills; and manages forests, which cover approximately one million hectares. Its Paperboard segment provides paperboards for consumer packaging to brand owners, converters, and wholesalers. The company's Paper segment offers papers for books, magazines, printed advertising, and packaging to publishers, printing firms, and retailers. Its Wood Products segment provides construction and joinery timber, CLT and glulam products, and wood for pallets and packaging to construction, joinery, and packaging industries, as well as builders' merchants; and operates sawmills. The company's Renewable Energy segment operates 21 hydro power stations; and wind farms with a capacity of approximately 1.2 TWh of electricity. Holmen AB (publ) was founded in 1609 and is headquartered in Stockholm, Sweden.
Holmen Dividend Announcement
• Holmen announced a annually dividend of kr3.00 per ordinary share which will be made payable on 2024-04-23. Ex dividend date: 2024-04-17
• Holmen annual dividend for 2024 was kr3.00
• Holmen annual dividend for 2023 was kr8.00
• Holmen's trailing twelve-month (TTM) dividend yield is 0.71%
• Holmen's payout ratio for the trailing twelve months (TTM) is 64.43%
• Holmen's dividend growth over the last five years (2018-2023) was -9.25% year
• Holmen's dividend growth over the last ten years (2013-2023) was -1.17% year
Holmen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-17 | kr3.00 | annually | 2024-04-23 |
2023-03-29 | kr8.00 | annually | 2023-04-04 |
2022-03-31 | kr7.50 | annually | 2022-04-06 |
2021-04-23 | kr3.50 | annually | 2021-04-29 |
2020-09-17 | kr3.50 | annually | 2020-09-23 |
2019-04-12 | kr6.75 | annually | 2019-04-18 |
2018-04-11 | kr13.00 | annually | 2018-04-17 |
2017-03-28 | kr12.00 | annually | 2017-04-03 |
2016-04-14 | kr10.50 | annually | |
2015-04-17 | kr10.00 | annually | |
2014-04-09 | kr9.00 | annually | |
2013-04-11 | kr9.00 | annually |
Holmen Dividend per year
Holmen Dividend growth
Holmen Dividend Yield
Holmen current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Holmen stock? Use our calculator to estimate your expected dividend yield:
Holmen Financial Ratios
Holmen Dividend FAQ
Other factors to consider when evaluating Holmen 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.
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1. Determination of Dividend: Holmen'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, Holmen 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, Holmen 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 Holmen 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. Record Date: Holmen 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, Holmen distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Holmen 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.
To assess the safety of Holmen'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 Holmen'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.