Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments, Kongsberg Maritime (KM), and Kongsberg Defence & Aerospace(KDA), and Kongsberg Digital (KDI). The KM segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydro-acoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The KDA segment offers various systems and services to the defense industry. It offers air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also provides components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The KDI segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. The company operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.
Kongsberg Gruppen Dividend Announcement
• Kongsberg Gruppen announced a semi annually dividend of kr7.00 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-09
• Kongsberg Gruppen annual dividend for 2024 was kr14.00
• Kongsberg Gruppen annual dividend for 2023 was kr12.00
• Kongsberg Gruppen's trailing twelve-month (TTM) dividend yield is 1.21%
• Kongsberg Gruppen's payout ratio for the trailing twelve months (TTM) is 25.55%
• Kongsberg Gruppen's dividend growth over the last five years (2018-2023) was 29.79% year
• Kongsberg Gruppen's dividend growth over the last ten years (2013-2023) was 12.33% year
Kongsberg Gruppen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-09 | kr7.00 | semi annually | 2024-10-23 |
2024-05-08 | kr7.00 | semi annually | 2024-05-29 |
2023-05-12 | kr12.00 | semi annually | 2023-05-31 |
2022-05-12 | kr12.00 | semi annually | 2022-05-27 |
2021-05-07 | kr5.00 | semi annually | 2021-05-20 |
2020-11-03 | kr10.00 | semi annually | 2020-11-12 |
2020-05-15 | kr2.50 | semi annually | 2020-05-26 |
2019-05-15 | kr2.50 | semi annually | 2019-05-28 |
2018-05-18 | kr3.26 | semi annually | 2018-05-31 |
2017-04-27 | kr3.75 | semi annually | 2017-05-24 |
2016-05-10 | kr4.25 | semi annually | 2016-05-26 |
2015-05-08 | kr4.25 | semi annually | 2015-05-26 |
2014-05-12 | kr1.00 | semi annually | 2014-05-26 |
2013-05-06 | kr3.75 | semi annually | 2013-05-24 |
Kongsberg Gruppen Dividend per year
Kongsberg Gruppen Dividend growth
Kongsberg Gruppen Dividend Yield
Kongsberg Gruppen current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing Kongsberg Gruppen stock? Use our calculator to estimate your expected dividend yield:
Kongsberg Gruppen Financial Ratios
Kongsberg Gruppen Dividend FAQ
Other factors to consider when evaluating Kongsberg Gruppen 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: Kongsberg Gruppen'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, Kongsberg Gruppen 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, Kongsberg Gruppen 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 Kongsberg Gruppen 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: Kongsberg Gruppen 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, Kongsberg Gruppen distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kongsberg Gruppen 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 Kongsberg Gruppen'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 Kongsberg Gruppen'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.