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Norconsult ASA provides consultancy services with focus on community planning, engineering design, and architecture in the Nordics and internationally. The company offers consultancy services for the planning and engineering design of construction and real estate projects, such as residential, office, and industrial buildings; hospitals, healthcare buildings, and care homes; schools and educational buildings; sports facilities; cultural buildings; laboratory buildings, terminal buildings for airports and railway stations; and fire and police stations. It also provides infrastructure services for water, geoscience and environment, and transport industries. In addition, the company offers construction engineering, execution, and land acquisition services for renewable energy industry; and consultancy, project development, engineering design, and execution of various construction, renovation and modification projects with industrial installations. Further, it provides IT consulting services and solutions for project management, infrastructure, and property, as well as recruitment and staffing services. The company was founded in 1929 and is headquartered in Sandvika, Norway. Norconsult ASA is a subsidiary of Norconsult Holding AS.

NORCONSULT Dividend Announcement

• NORCONSULT announced a annually dividend of kr1.20 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-14
• NORCONSULT annual dividend for 2024 was kr1.20
• NORCONSULT's trailing twelve-month (TTM) dividend yield is 3.13%
• NORCONSULT's payout ratio for the trailing twelve months (TTM) is 237.63%

NORCONSULT Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-14kr1.20annually2024-05-24

NORCONSULT Dividend per year

NORCONSULT Dividend Yield

NORCONSULT current trailing twelve-month (TTM) dividend yield is 3.13%. Interested in purchasing NORCONSULT stock? Use our calculator to estimate your expected dividend yield:

NORCONSULT Financial Ratios

P/E ratio27.69
PEG ratio3.35
P/B ratio5.02
ROE17.63%
Payout ratio237.63%
Current ratio1.17
Quick ratio1.17
Cash Ratio0.19

NORCONSULT Dividend FAQ

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