Lenzing Aktiengesellschaft produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors in Austria, rest of Europe, Asia, the Americas, and internationally. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell fibers for applications in sportswear, home textiles, and mattresses, as well as hygiene articles such as wet wipes and baby wipes; modal fibers; viscose fibers for use in clothing fabrics, wipes, tampons, and wound dressings; and filament yarns under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names. The company also provides biorefinery products comprising acetic acid biobased, furfural biobased, magnesium lignosulphonate biobased, soda ash, sodium sulphate, and xylose. It also operates in the field of mechanical and plant engineering; engages in the training and personnel development activities; and provides engineering services. The company was formerly known as Chemiefaser Lenzing AG and changed its name to Lenzing Aktiengesellschaft in 1984. Lenzing Aktiengesellschaft was founded in 1892 and is headquartered in Lenzing, Austria.
Lenzing Dividend Announcement
• Lenzing announced a annually dividend of €4.35 per ordinary share which will be made payable on 2022-05-03. Ex dividend date: 2022-04-28
• Lenzing's trailing twelve-month (TTM) dividend yield is -%
• Lenzing's payout ratio for the trailing twelve months (TTM) is -4.63%
Lenzing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-04-28 | €4.35 | annually | 2022-05-03 |
2020-04-20 | €1.00 | annually | |
2019-04-23 | €2.00 | annually | 2019-04-25 |
2018-04-16 | €2.00 | annually | 2018-04-18 |
2017-04-27 | €1.20 | annually | 2017-05-02 |
2016-04-22 | €2.00 | annually | |
2015-04-27 | €1.00 | annually | |
2014-04-30 | €1.75 | annually | |
2013-04-26 | €2.00 | annually | |
2012-04-23 | €2.50 | annually | |
2011-03-31 | €1.35 | annually | |
2010-05-05 | €12.22 | annually |
Lenzing Dividend per year
Lenzing Dividend growth
Lenzing Dividend Yield
Lenzing current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lenzing stock? Use our calculator to estimate your expected dividend yield:
Lenzing Financial Ratios
Lenzing 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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