Loomis AB (publ) provides solutions for the distribution, handling, storage, and recycling of cash and other valuables in Sweden and internationally. The company offers a range of solutions for cash in transit, cash management services, physical foreign currency, ATMs, and international valuables logistics, as well as operates Loomis Pay, an end-to-end payment platform for merchants. It serves banks, retailers, and other operators. As of February 3, 2022, the company operated through a network of approximately 400 branches. Loomis AB (publ) was founded in 1852 and is headquartered in Stockholm, Sweden.
Loomis Dividend Announcement
• Loomis announced a annually dividend of kr12.50 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-07
• Loomis annual dividend for 2024 was kr12.50
• Loomis annual dividend for 2023 was kr12.00
• Loomis's trailing twelve-month (TTM) dividend yield is 3.55%
• Loomis's payout ratio for the trailing twelve months (TTM) is 56.77%
• Loomis's dividend growth over the last five years (2018-2023) was 5.92% year
• Loomis's dividend growth over the last ten years (2013-2023) was 10.31% year
Loomis Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | kr12.50 | annually | 2024-05-14 |
2023-05-05 | kr12.00 | annually | 2023-05-11 |
2022-05-05 | kr8.50 | annually | 2022-05-11 |
2021-05-07 | kr6.00 | annually | 2021-05-14 |
2020-12-11 | kr5.50 | annually | 2020-12-17 |
2019-05-09 | kr10.00 | annually | 2019-05-15 |
2018-05-04 | kr9.00 | annually | 2018-05-11 |
2017-05-05 | kr8.00 | annually | 2017-05-11 |
2016-05-03 | kr7.00 | annually | |
2015-05-07 | kr6.00 | annually | |
2014-05-07 | kr5.00 | annually | |
2013-05-07 | kr4.50 | annually |
Loomis Dividend per year
Loomis Dividend growth
Loomis Dividend Yield
Loomis current trailing twelve-month (TTM) dividend yield is 3.55%. Interested in purchasing Loomis stock? Use our calculator to estimate your expected dividend yield:
Loomis Financial Ratios
Loomis Dividend FAQ
Other factors to consider when evaluating Loomis 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: Loomis'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, Loomis 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, Loomis 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 Loomis 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: Loomis 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, Loomis distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Loomis 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 Loomis'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 Loomis'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.