Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready to eat and ready to cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products. Lerøy Seafood Group ASA markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to shops, restaurants, canteens, and hotels. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA is a subsidiary of Austevoll Seafood ASA.
Lerøyafood Dividend Announcement
• Lerøyafood announced a annually dividend of €0.22 per ordinary share which will be made payable on 2024-06-05. Ex dividend date: 2024-05-29
• Lerøyafood annual dividend for 2024 was €0.22
• Lerøyafood annual dividend for 2023 was €0.21
• Lerøyafood's trailing twelve-month (TTM) dividend yield is 5.08%
• Lerøyafood's payout ratio for the trailing twelve months (TTM) is 92.57%
• Lerøyafood's dividend growth over the last five years (2018-2023) was 5.97% year
• Lerøyafood's dividend growth over the last ten years (2013-2023) was -13.79% year
Lerøyafood Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | €0.22 | annually | 2024-06-05 |
2023-05-24 | €0.21 | annually | 2023-06-02 |
2022-05-24 | €0.24 | annually | 2022-06-02 |
2021-05-27 | €0.20 | annually | 2021-06-04 |
2020-05-28 | €0.14 | annually | 2020-06-08 |
2019-05-24 | €0.20 | annually | 2019-06-04 |
2018-05-24 | €0.16 | annually | 2018-06-04 |
2017-05-24 | €1.38 | annually | 2017-06-02 |
2016-05-25 | €1.29 | annually | |
2015-05-22 | €1.43 | annually | |
2014-05-23 | €1.23 | annually | |
2013-05-24 | €0.93 | annually |
Lerøyafood Dividend per year
Lerøyafood Dividend growth
Lerøyafood Dividend Yield
Lerøyafood current trailing twelve-month (TTM) dividend yield is 5.08%. Interested in purchasing Lerøyafood stock? Use our calculator to estimate your expected dividend yield:
Lerøyafood Financial Ratios
Lerøyafood Dividend FAQ
Other factors to consider when evaluating Lerøyafood 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: Lerøyafood'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, Lerøyafood 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, Lerøyafood 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 Lerøyafood 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: Lerøyafood 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, Lerøyafood distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lerøyafood 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 Lerøyafood'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 Lerøyafood'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.