Table of Contents

company-logo

Kvika banki hf., a specialized bank, provides investment banking, insurance, asset management, and banking services to businesses, investors, and individuals in Iceland and the United Kingdom. It operates through four segments: Asset Management, Commercial Banking, Insurance Services, and Investment Banking. The Asset Management segment manages various mutual funds, investment funds, and institutional investor funds, as well as offers private banking services; offers products and services relates to domestic and foreign assets; and private pension plans. The Commercial Banking segment provides various banking services and related advisory services, and specialized lending services; lease contracts; and car, heavy machinery, and other equipment loans to individuals and companies under Lykill brand name. The Insurance Services segment portfolio consists of motor, property, marine, liability, accident, and life insurance services to commercial and private customers. The Investment Banking segment offers securities brokerage and forex market services; and various investments and financing, mergers, acquisitions and divestments, capital raising, and initial public offerings related advisory services, as well as fund and asset management services. It also provides real estate fund management and business consultancy services. Kvika banki hf. was incorporated in 2002 and is headquartered in Reykjavik, Iceland.

Kvika banki Dividend Announcement

• Kvika banki announced a annually dividend of kr0.40 per ordinary share which will be made payable on 2023-04-11. Ex dividend date: 2023-03-31
• Kvika banki annual dividend for 2023 was kr0.40
• Kvika banki's trailing twelve-month (TTM) dividend yield is -%

Kvika banki Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-31kr0.40annually2023-04-11
2019-03-15kr0.24annually2019-03-26

Kvika banki Dividend per year

Kvika banki Dividend Yield

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

Kvika banki Financial Ratios

P/E ratio20.14
PEG ratio0.20
P/B ratio1.07
ROE5.42%
Payout ratio0.00%
Current ratio0.63
Quick ratio0.36
Cash Ratio0.30

Kvika banki Dividend FAQ

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