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NKT A/S develops, manufactures, and markets cables, accessories, and solutions in Denmark and internationally. It operates through Solutions, Applications, and Service & Accessories segments. The company offers high voltage cable solutions, including high voltage onshore and offshore AC and DC, city, and dynamic cables; medium voltage and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables. The company also provides high voltage cable accessories, such as GIS/transformer terminations, low pressure oil-filled cable systems, outdoor terminations, wind power applications, and joints; medium voltage cable accessories, which include medium voltage cable joints, cable connectors, voltage terminations, cable branch cabinets, paper-insulated lead sheath cables, and pre-assembled connection cables. In addition, it offers onshore cable services comprising of maintenance, spare parts management, resources on call, and cable jointing and termination services, as well as repair preparedness; and offshore cable, high voltage testing, cable monitoring, and oil and gas cable competence center services, as well as technology consulting services. The company was formerly known as NKT Holding A/S and changed its name to NKT A/S in May 2017. NKT A/S was founded in 1891 and is headquartered in Brøndby, Denmark.

NKT Dividend Announcement

• NKT announced a annually dividend of kr3.53 per ordinary share which will be made payable on . Ex dividend date: 2016-04-01
• NKT's trailing twelve-month (TTM) dividend yield is -%
• NKT's payout ratio for the trailing twelve months (TTM) is 3.22%

NKT Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-04-01kr3.53annually
2015-03-26kr4.00annually
2014-03-26kr3.50annually
2013-03-22kr8.00annually
2012-03-29kr2.00annually
2011-03-24kr2.00annually
2010-03-26kr3.50annually
2008-04-11kr11.00annually
2007-04-12kr10.00annually
2006-04-07kr12.00annually
2005-04-07kr8.00annually
2004-04-02kr8.00annually

NKT Dividend per year

NKT Dividend growth

NKT Dividend Yield

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

NKT Financial Ratios

P/E ratio15.70
PEG ratio-7.37
P/B ratio2.42
ROE17.33%
Payout ratio3.22%
Current ratio1.12
Quick ratio0.96
Cash Ratio0.61

NKT Dividend FAQ

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