Lindab International AB (publ) develops, manufactures, markets, distributes, and sells products and system solutions for construction and improved indoor climate. The company operates through three segments: Ventilation Systems, Profile Systems, and Building Systems. It offers products and systems for ventilation, cooling, and heating, as well as construction products and building solutions, such as steel rainwater systems; roof and wall cladding; and steel profiles for wall, roof and beam constructions, and buildings. The company also provides prefabricated steel construction systems, as well as proprietary IT software that simplify the project planning and quotation process for designers and contractors. In addition, it offers indoor climate products, such as air diffusers, water-borne climate systems, and acoustics. Lindab International AB (publ) offers its products through a network of approximately 128 branches, as well as through building contractors and retailers primarily in the Nordic region, Western Europe, Switzerland, Central and Eastern Europe/the Commonwealth of Independent States, and internationally. The company was formerly known as Lindab Intressenter AB and changed its name to Lindab International AB (publ) in May 2006. Lindab International AB (publ) was founded in 1959 and is headquartered in Bastad, Sweden.
Lindab International Dividend Announcement
• Lindab International announced a semi annually dividend of kr2.70 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-31
• Lindab International annual dividend for 2024 was kr5.40
• Lindab International annual dividend for 2023 was kr5.20
• Lindab International's trailing twelve-month (TTM) dividend yield is 2.39%
• Lindab International's payout ratio for the trailing twelve months (TTM) is 60.03%
• Lindab International's dividend growth over the last five years (2018-2023) was 27.39% year
Lindab International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | kr2.70 | semi annually | 2024-11-06 |
2024-05-15 | kr2.70 | semi annually | 2024-05-21 |
2023-11-03 | kr2.60 | semi annually | 2023-11-09 |
2023-05-12 | kr2.60 | semi annually | 2023-05-19 |
2022-11-04 | kr2.00 | semi annually | 2022-11-10 |
2022-05-13 | kr2.00 | semi annually | 2022-05-19 |
2021-11-04 | kr1.70 | semi annually | 2021-11-10 |
2021-05-06 | kr1.70 | semi annually | 2021-05-12 |
2020-10-30 | kr0.87 | semi annually | 2020-11-05 |
2020-04-30 | kr0.88 | semi annually | 2020-05-07 |
2019-05-09 | kr1.75 | semi annually | 2019-05-15 |
2018-05-04 | kr1.55 | semi annually | 2018-05-11 |
2017-05-10 | kr1.40 | semi annually | 2017-05-16 |
2016-05-04 | kr1.25 | semi annually | |
2015-04-28 | kr1.10 | semi annually | |
2012-05-10 | kr1.00 | semi annually | |
2011-05-12 | kr1.00 | semi annually |
Lindab International Dividend per year
Lindab International Dividend growth
Lindab International Dividend Yield
Lindab International current trailing twelve-month (TTM) dividend yield is 2.39%. Interested in purchasing Lindab International stock? Use our calculator to estimate your expected dividend yield:
Lindab International Financial Ratios
Lindab International Dividend FAQ
Other factors to consider when evaluating Lindab International 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: Lindab International'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, Lindab International 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, Lindab International 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 Lindab International 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: Lindab International 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, Lindab International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lindab International 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 Lindab International'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 Lindab International'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.