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Netum Group Oyj operates as an IT services company in Finland. The company offers digital service development, continuity, integration, and cyber security services as well as management consulting services. It also provides Netum Dux, a product to automatize IT asset management; and Truugo, a platform to setup customized validators for EDI/XML messages. The company serves public administration and corporate customers. Netum Group Oyj was founded in 2000 and is based in Tampere, Finland.

Netum Dividend Announcement

Netum announced a annually dividend of €0.11 per ordinary share which will be made payable on 2023-04-11. Ex dividend date: 2023-03-30
Netum annual dividend for 2023 was €0.11
Netum's trailing twelve-month (TTM) dividend yield is -%
Netum's payout ratio for the trailing twelve months (TTM) is -0.01%

Netum Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-30€0.11annually2023-04-11
2022-03-30€0.11annually2022-04-07

Netum Dividend per year

Netum Dividend Yield

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

Netum Financial Ratios

P/E ratio-25.62
PEG ratio-0.83
P/B ratio2.86
ROE-11.10%
Payout ratio-0.01%
Current ratio0.81
Quick ratio0.81
Cash Ratio0.01

Netum Dividend FAQ

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