NAXS AB (publ) is an investment firm specializing in fund of funds and secondary indirect investments. It does not invest in pure debt instruments, convertible debentures, and mezzanine instruments. Within the fund of fund investments, it makes investments in private equity buyout funds. The firm invests in private equity funds through its primary fund raisings and investments in already existing funds through acquisition of fund interests on the second-hand market. It also focuses on middle market funds. The firm seeks to invest in funds based in Nordic region, with a focus on Denmark, Finland, Norway, and Sweden or in funds which have at least one of the Nordic countries as their investment focus. It typically invests between SEK 50 million ($6.27 million) and SEK 300 million ($37.62 million) in funds. It makes fund investments through equity and liquid assets or net cash in interest-bearing instruments only. The firm also makes balance sheet investments. NAXS AB (publ) was founded in May 2007 and is based in Stockholm, Sweden. It operates as a subsidiary of QVT Financial LP.
NAXS Dividend Announcement
• NAXS announced a annually dividend of kr4.25 per ordinary share which will be made payable on 2024-04-11. Ex dividend date: 2024-04-05
• NAXS annual dividend for 2024 was kr4.25
• NAXS annual dividend for 2023 was kr3.75
• NAXS's trailing twelve-month (TTM) dividend yield is 8.33%
• NAXS's payout ratio for the trailing twelve months (TTM) is -54.44%
• NAXS's dividend growth over the last five years (2018-2023) was 8.19% year
NAXS Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-05 | kr4.25 | annually | 2024-04-11 |
2023-03-31 | kr3.75 | annually | 2023-04-06 |
2022-03-31 | kr3.50 | annually | 2022-04-06 |
2021-03-12 | kr3.00 | annually | 2021-03-18 |
2020-03-13 | kr3.00 | annually | 2020-03-19 |
2019-06-05 | kr2.78 | annually | 2019-06-12 |
2018-06-07 | kr2.53 | annually | 2018-06-13 |
2016-06-02 | kr2.50 | annually | |
2015-06-02 | kr2.30 | annually | |
2014-05-09 | kr2.00 | annually | |
2013-05-15 | kr0.50 | annually | |
2012-05-09 | kr0.40 | annually |
NAXS Dividend per year
NAXS Dividend growth
NAXS Dividend Yield
NAXS current trailing twelve-month (TTM) dividend yield is 8.33%. Interested in purchasing NAXS stock? Use our calculator to estimate your expected dividend yield:
NAXS Financial Ratios
NAXS Dividend FAQ
Other factors to consider when evaluating NAXS 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: NAXS'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, NAXS 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, NAXS 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 NAXS 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: NAXS 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, NAXS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NAXS 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 NAXS'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 NAXS'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.