Lagercrantz Group AB (publ) operates as a technology company in Sweden, Denmark, Norway, Finland, the United Kingdom, Germany, Poland, rest of Europe, and internationally. The company operates through five divisions: Electrify, Control, TecSec, Niche Products, and International. It offers special products in RFID and light controls. The company also provides electric connections systems, electric installation materials, electric and electro-mechanical components, and wiring harness, as well as safety switches, cabling, electrical enclosures, and infrastructural products comprising masts and aerial brackets for the manufacturing, power production, electricity distribution, infrastructure, and property sectors. In addition, it offers products, systems, services, and support in the areas of network access, and digital image transmission/technical security, as well as control systems and software. Further, the company produces and sells proprietary technical products and solutions to other companies. Additionally, it provides products used in manufacturing and dispensing foodstuffs; material handling products; furniture and fittings for workplaces, shops, or warehouses; special plastic doors; and galvanized steel wires for roadway, mast, and agriculture applications, as well as offers snow clearance and airport runway cleaning services. Lagercrantz Group AB (publ) was founded in 1906 and is headquartered in Stockholm, Sweden.
Lagercrantz Dividend Announcement
• Lagercrantz announced a annually dividend of kr1.90 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-27
• Lagercrantz annual dividend for 2024 was kr1.90
• Lagercrantz annual dividend for 2023 was kr1.60
• Lagercrantz's trailing twelve-month (TTM) dividend yield is 0.97%
• Lagercrantz's payout ratio for the trailing twelve months (TTM) is 43.25%
• Lagercrantz's dividend growth over the last five years (2018-2023) was -16.74% year
• Lagercrantz's dividend growth over the last ten years (2013-2023) was -6.84% year
Lagercrantz Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | kr1.90 | annually | 2024-09-02 |
2023-08-30 | kr1.60 | annually | 2023-09-05 |
2022-08-31 | kr1.30 | annually | 2022-09-06 |
2021-08-25 | kr1.00 | annually | 2021-08-31 |
2020-08-26 | kr2.00 | annually | 2020-09-01 |
2019-08-28 | kr2.50 | annually | 2019-09-03 |
2018-10-01 | kr2.00 | annually | 2018-10-05 |
2018-08-30 | kr2.00 | annually | |
2017-08-30 | kr2.00 | annually | 2017-09-05 |
2016-08-31 | kr1.75 | annually | |
2015-08-26 | kr4.50 | annually | |
2014-08-27 | kr4.00 | annually | |
2013-08-28 | kr3.25 | annually |
Lagercrantz Dividend per year
Lagercrantz Dividend growth
Lagercrantz Dividend Yield
Lagercrantz current trailing twelve-month (TTM) dividend yield is 0.97%. Interested in purchasing Lagercrantz stock? Use our calculator to estimate your expected dividend yield:
Lagercrantz Financial Ratios
Lagercrantz Dividend FAQ
Other factors to consider when evaluating Lagercrantz 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: Lagercrantz'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, Lagercrantz 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, Lagercrantz 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 Lagercrantz 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: Lagercrantz 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, Lagercrantz distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lagercrantz 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 Lagercrantz'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 Lagercrantz'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.