Lifco AB (publ) engages in the dental, demolition and tools, and systems solutions businesses in Sweden, Norway, Germany, rest of Europe, Asia, Australia, North America, and internationally. It is involved in the distribution of dental equipment, such as disinfectants, saliva ejectors, bite registration and dental impression materials, bonding agents, and other consumables, as well as develops and sells medical record systems. The company also operates dental laboratory. In addition, it develops, manufactures, and sells demolition robots, and crane and excavator attachments to construction and earthworks, snow clearing, demolition, pipe and cable laying, forestry work, scrap handling and railway works. Further, the company engages in the contract manufacturing of electronic components, stainless steel products, and galvanized products for use in the security and alarm, industrial applications, telecom and IT, food products, and pharmaceutical industries; and the waste handling and recycling of tires, wires, refrigerators, aluminum products, and electronics. Additionally, it offers vehicle racking systems for service vans; equipment for sawing and handling of sawn lumber, as well as pellet mills; cleaning and sealing of pipes, as well as electrical supplies, and LED-lighting and measuring instruments for the surveying and construction industries; and telecom equipment to fiber market and aluminum cabinets. The company was founded in 1946 and is based in Enköping, Sweden. Lifco AB (publ) is a subsidiary of Carl Bennet AB.
Lifco Dividend Announcement
• Lifco announced a annually dividend of kr2.10 per ordinary share which will be made payable on 2024-05-02. Ex dividend date: 2024-04-25
• Lifco annual dividend for 2024 was kr2.10
• Lifco annual dividend for 2023 was kr1.80
• Lifco's trailing twelve-month (TTM) dividend yield is 0.62%
• Lifco's payout ratio for the trailing twelve months (TTM) is 34.38%
• Lifco's dividend growth over the last five years (2018-2023) was -14.76% year
Lifco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-25 | kr2.10 | annually | 2024-05-02 |
2023-05-02 | kr1.80 | annually | 2023-05-08 |
2022-05-02 | kr1.50 | annually | 2022-05-06 |
2021-04-26 | kr6.00 | annually | 2021-04-30 |
2020-06-25 | kr5.25 | annually | 2020-07-01 |
2020-04-27 | kr26.25 | annually | |
2019-04-29 | kr4.60 | annually | 2019-05-06 |
2018-04-25 | kr4.00 | annually | 2018-05-02 |
2017-05-05 | kr3.50 | annually | 2017-05-11 |
2016-05-13 | kr3.00 | annually | |
2015-05-07 | kr2.60 | annually |
Lifco Dividend per year
Lifco Dividend growth
Lifco Dividend Yield
Lifco current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Lifco stock? Use our calculator to estimate your expected dividend yield:
Lifco Financial Ratios
Lifco Dividend FAQ
Other factors to consider when evaluating Lifco 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: Lifco'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, Lifco 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, Lifco 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 Lifco 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: Lifco 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, Lifco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lifco 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 Lifco'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 Lifco'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.