Multitude SE, together with its subsidiaries, provides mobile banking, and digital consumer and small business loans to retail and business clients. Its loan portfolio consists of microloans, PlusLoans, Primeloan, and revolving credit facilities; and working capital installment loans and purchase financing. The company also offers current accounts, and savings and term deposits; debit cards; and payments and transfers. It has operations in Northern Europe, Western Europe, Eastern Europe, and internationally. The company was formerly known as Ferratum Oyj and changed its name to Multitude SE in June 2021. Multitude SE was incorporated in 2005 and is headquartered in Helsinki, Finland.
Multitude Dividend Announcement
• Multitude announced a semi annually dividend of €0.19 per ordinary share which will be made payable on 2024-05-07. Ex dividend date: 2024-04-26
• Multitude annual dividend for 2024 was €0.38
• Multitude annual dividend for 2023 was €0.12
• Multitude's trailing twelve-month (TTM) dividend yield is 6.27%
• Multitude's payout ratio for the trailing twelve months (TTM) is 19.36%
Multitude Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-26 | €0.19 | semi annually | 2024-05-07 |
2024-03-22 | €0.19 | semi annually | |
2023-04-28 | €0.12 | semi annually | 2023-05-09 |
2019-04-18 | €0.18 | semi annually | 2019-04-30 |
2018-04-20 | €0.18 | semi annually | 2018-04-24 |
2017-05-09 | €0.12 | semi annually | |
2017-05-05 | €0.12 | semi annually | 2017-05-15 |
2016-04-27 | €0.10 | semi annually | 2016-04-27 |
2015-06-03 | €0.05 | semi annually | 2015-06-11 |
Multitude Dividend per year
Multitude Dividend growth
Multitude Dividend Yield
Multitude current trailing twelve-month (TTM) dividend yield is 6.27%. Interested in purchasing Multitude stock? Use our calculator to estimate your expected dividend yield:
Multitude Financial Ratios
Multitude Dividend FAQ
Other factors to consider when evaluating Multitude 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.
Place an order: Use the brokerage's trading platform to place an order to buy Multitude 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.
1. Determination of Dividend: Multitude'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, Multitude 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, Multitude 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 Multitude 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: Multitude 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, Multitude distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Multitude 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 Multitude'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 Multitude'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.