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Hove A/S develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark. The company offers Hove Smart Lube, a field-proven digital solution that enhances lubrication maintenance; Hove ONE v1, a semi-automatic lubrication pump for direct lubrication of bearings; Hove flow dividers; Hove Carry, a battery-powered portable lubrication pump for heavy industries; HOVE REFILLER V2 to fast-fill reservoirs on central lubrication systems with a minimum risk of contamination; EASY GREASE V4, a greasing pump; and HOVE pre-filled grease cartridges. It also distributes Beinlich Pumpen GmbH and Hafnia pumps. The company was founded in 2000 and is headquartered in Glostrup, Denmark.

Hove Dividend Announcement

• Hove does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Hove dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Hove Dividend History

Hove Dividend Yield

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

Hove Financial Ratios

P/E ratio-69.50
PEG ratio-0.33
P/B ratio1.15
ROE-1.71%
Payout ratio0.00%
Current ratio3.83
Quick ratio1.95
Cash Ratio0.19

Hove Dividend FAQ

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