I-Tech AB, a bio-technology company, develops and commercializes fouling prevention products in Sweden. The company offers Selektope, a bio-repellent ingredient for marine coatings that provide hard fouling prevention for ships. Selektope prevent barnacles from settling on coated surfaces by temporarily activating the swimming behaviour of barnacle larvae. It serves marine coatings industry. The company was founded in 2000 and is based in Mölndal, Sweden.
I-Tech Dividend Announcement
• I-Tech announced a annually dividend of kr1.50 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-17
• I-Tech annual dividend for 2024 was kr1.50
• I-Tech's trailing twelve-month (TTM) dividend yield is 3.32%
• I-Tech's payout ratio for the trailing twelve months (TTM) is 73.39%
I-Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | kr1.50 | annually | 2024-05-23 |
I-Tech Dividend per year
I-Tech Dividend Yield
I-Tech current trailing twelve-month (TTM) dividend yield is 3.32%. Interested in purchasing I-Tech stock? Use our calculator to estimate your expected dividend yield:
I-Tech Financial Ratios
I-Tech Dividend FAQ
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.
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