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Mandatum Oyj provides various financial services in Finland. It offers asset and wealth management, savings and investment, compensation, and rewards services, as well as pension plans and personal risk insurance solutions. The company serves corporate, retail, institutional, and wealth management clients. Mandatum Oyj was founded in 1874 and is headquartered in Helsinki, Finland.

Mandatum Dividend Announcement

Mandatum announced a annually dividend of €0.33 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-16
Mandatum annual dividend for 2024 was €0.33
Mandatum's trailing twelve-month (TTM) dividend yield is 7.46%
Mandatum's payout ratio for the trailing twelve months (TTM) is 85.71%

Mandatum Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-16€0.33annually2024-05-24

Mandatum Dividend per year

Mandatum Dividend Yield

Mandatum current trailing twelve-month (TTM) dividend yield is 7.46%. Interested in purchasing Mandatum stock? Use our calculator to estimate your expected dividend yield:

Mandatum Financial Ratios

P/E ratio11.50
PEG ratio0.34
P/B ratio1.45
ROE12.00%
Payout ratio85.71%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Mandatum Dividend FAQ

Does Mandatum stock pay dividends?
Mandatum does not currently pay dividends to its shareholders.
Has Mandatum ever paid a dividend?
No, Mandatum has no a history of paying dividends to its shareholders. Mandatum is not known for its dividend payments.
Why doesn't Mandatum pay dividends?
There are several potential reasons why Mandatum 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 Mandatum 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 Mandatum 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 Mandatum a dividend aristocrat?
Mandatum 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 Mandatum a dividend king?
Mandatum 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 Mandatum a dividend stock?
No, Mandatum 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 Mandatum stocks?
To buy Mandatum 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 Mandatum 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.