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Lumi Gruppen AS operates in the education market in Norway. The company operates through two segments, Sonans and Oslo Nye Hoyskole (ONH). It provides online studies in the fields of psychology, health, social sciences, and business and administration, as well as vocational IT education services. The company also operates 12 private candidate schools; and facilitates the transfer of students to partner universities abroad. Lumi Gruppen AS was founded in 1989 and is based in Oslo, Norway.

Lumi Gruppen Dividend Announcement

• Lumi Gruppen announced a annually dividend of kr1.00 per ordinary share which will be made payable on 2022-05-05. Ex dividend date: 2022-04-27
• Lumi Gruppen's trailing twelve-month (TTM) dividend yield is -%

Lumi Gruppen Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-04-27kr1.00annually2022-05-05

Lumi Gruppen Dividend per year

Lumi Gruppen Dividend Yield

Lumi Gruppen current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lumi Gruppen stock? Use our calculator to estimate your expected dividend yield:

Lumi Gruppen Financial Ratios

P/E ratio-2.40
PEG ratio-1.17
P/B ratio1.45
ROE-58.64%
Payout ratio0.00%
Current ratio0.64
Quick ratio0.64
Cash Ratio0.44

Lumi Gruppen Dividend FAQ

Does Lumi Gruppen stock pay dividends?
Lumi Gruppen does not currently pay dividends to its shareholders.
Has Lumi Gruppen ever paid a dividend?
No, Lumi Gruppen has no a history of paying dividends to its shareholders. Lumi Gruppen is not known for its dividend payments.
Why doesn't Lumi Gruppen pay dividends?
There are several potential reasons why Lumi Gruppen would choose not to pay dividends to their shareholders:

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.
Will Lumi Gruppen ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Lumi Gruppen has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Lumi Gruppen a dividend aristocrat?
Lumi Gruppen is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Lumi Gruppen a dividend king?
Lumi Gruppen is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Lumi Gruppen a dividend stock?
No, Lumi Gruppen is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Lumi Gruppen stocks?
To buy Lumi Gruppen you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Lumi Gruppen stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.