Kesko Oyj engages in the grocery trading business in Finland. It operates through Grocery Trade, Building and Technical Trade, and Car Trade segments. The company's Grocery Trade segment is involved in the wholesale and B2B trade of groceries; and the retail sale of the home and specialty goods. This segment operates approximately 1,200 K-food stores, including K-Citymarket, K-Supermarket, K-Market, and Neste K. Its Building and Technical Trade segment engages in the retail, wholesale, and B2B trade of building and home improvement, and electrical and HEPAC products, as well as trades in leisure goods. This segment operates retail store chains under the K-Rauta, K-Bygg, Byggmakker, and Onninen names, as well as leisure goods trade chains under the Intersport and Budget Sport names in Finland, Sweden, Norway, and the Baltic countries. The company's Car Trade segment imports, markets, and retails Volkswagen, Audi, SEAT, CUPRA, Bentley, and Porsche passenger cars, as well as Volkswagen and MAN commercial vehicles in Finland. This segment is also involved in car leasing activities; and the provision of repair and maintenance, spare parts, and accessories services, as well as charging network for electric vehicles under the K-Charge name in Finland. Kesko Oyj was founded in 1940 and is headquartered in Helsinki, Finland.
Kesko Dividend Announcement
• Kesko announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-15
• Kesko annual dividend for 2024 was $0.45
• Kesko annual dividend for 2023 was $0.63
• Kesko's trailing twelve-month (TTM) dividend yield is 6.45%
• Kesko's payout ratio for the trailing twelve months (TTM) is 77.83%
• Kesko's dividend growth over the last five years (2018-2023) was -10.41% year
Kesko Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-15 | $0.16 | quarterly | 2024-11-06 |
| 2024-07-16 | $0.15 | quarterly | 2024-08-07 |
| 2024-03-27 | $0.15 | quarterly | 2024-04-24 |
| 2023-12-11 | $0.16 | quarterly | 2024-01-03 |
| 2023-09-11 | $0.16 | quarterly | 2023-10-04 |
| 2023-06-20 | $0.16 | quarterly | 2023-07-13 |
| 2023-03-31 | $0.16 | quarterly | 2023-04-27 |
| 2022-12-12 | $0.14 | quarterly | 2023-01-04 |
| 2022-09-12 | $0.14 | quarterly | 2022-10-05 |
| 2022-06-21 | $0.14 | quarterly | 2022-07-14 |
| 2022-04-08 | $0.15 | quarterly | 2022-05-05 |
| 2021-09-30 | $0.25 | quarterly | 2021-10-25 |
| 2021-04-13 | $0.27 | quarterly | 2021-05-06 |
| 2020-10-02 | $0.11 | quarterly | 2020-10-23 |
| 2020-04-29 | $0.53 | quarterly | 2020-05-26 |
| 2019-10-09 | $0.40 | quarterly | 2019-11-01 |
| 2019-04-09 | $0.51 | quarterly | 2019-05-02 |
| 2018-04-12 | $1.09 | quarterly | 2018-05-07 |
| 2017-04-03 | $0.86 | quarterly | 2017-04-27 |
Kesko Dividend per year
Kesko Dividend growth
Kesko Dividend Yield
Kesko current trailing twelve-month (TTM) dividend yield is 6.45%. Interested in purchasing Kesko stock? Use our calculator to estimate your expected dividend yield:
Kesko Financial Ratios
P/E ratio9.08
PEG ratio1.71
P/B ratio1.44
ROE16.26%
Payout ratio77.83%
Current ratio0.87
Quick ratio0.52
Cash Ratio0.07
Kesko Dividend FAQ
How much is the next Kesko dividend?
Kesko's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kesko dividend. The next Kesko dividend will be released in March, June, September, or December.
When is Kesko dividend paid?
Kesko pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Kesko pay?
The specific amount of Kesko dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kesko's dividend history.
Does Kesko stock pay dividends?
Yes, Kesko does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kesko's dividend history.
How much dividend does Kesko pay?
Kesko paid $0.454 in 2024, $0.631 in 2023, $0.557 in 2022, $0.521 in 2021, and $0.643 in 2020.
How often does Kesko pay dividends?
Kesko typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Kesko's dividend yield?
The current dividend yield for Kesko is 6.45%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Kesko's exact dividend yield.
When does Kesko go ex dividend?
Kesko's ex-dividend date for the latest dividend was on 2024-10-15. Kesko typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Kesko dividend paid?
Kesko pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Kesko increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Kesko will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Kesko dividend per share?
Kesko paid $0.454 per share in 2024 and $0.631 per share in 2023. The amount of dividend per share that Kesko pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Kesko a dividend aristocrat?
No, 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 Kesko a dividend king?
No, 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 Kesko a dividend stock?
Yes, Kesko is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kesko a good dividend stock?
Whether Kesko is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kesko has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kesko 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.
Other factors to consider when evaluating Kesko 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.
Does Kesko pay dividends monthly?
Kesko typically pays dividends on a quarterly basis.
Does Kesko pay dividends quarterly?
Kesko currently pays dividends on a quarterly basis.
Has Kesko ever paid a dividend?
Yes, Kesko has a history of paying dividends to its shareholders. Kesko is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kesko dividend stocks?
To buy Kesko 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Kesko 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 Kesko 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.
When does Kesko pay dividends 2024?
Kesko pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Kesko increase its dividend in 2024?
Decisions regarding Kesko dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Kesko dividend overview you can look into the above table of dividend history.
How Kesko dividend works?
The Kesko dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Kesko's dividend process works:
1. Determination of Dividend: Kesko'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, Kesko 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, Kesko 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 Kesko 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. Determination of Dividend: Kesko'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, Kesko 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, Kesko 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 Kesko 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.
How are Kesko dividends paid?
Kesko dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kesko 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, Kesko distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kesko 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.
1. Record Date: Kesko 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, Kesko distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kesko 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.
How many times does Kesko pay dividends?
Kesko typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Kesko pay dividends?
The general pattern is that Kesko pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kesko dividend safe?
The safety of Kesko's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Kesko'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 Kesko'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.
To assess the safety of Kesko'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 Kesko'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.