Nordic Group Limited, an investment holding company, provides solutions in the areas of system integration; maintenance, repair, overhaul, and trading; precision engineering; scaffolding; insulation; petrochemical and environmental engineering; and cleanroom, air, and water engineering. The company turns systems into solutions by providing flow, automation, and navigation solutions. It also offers engineering, procurement, installation, and commissioning for conversion, upgrading, and factory and infrastructure automation services, as well as after-sales support service; thermal, cryogenic, acoustic, clean room insulation, thermal spray aluminum, and passive fireproofing service; and scaffolding services, including design, erection, modification, and dismantling, as well as sells and rents tubular frame and aluminum scaffold. In addition, the company designs and builds tooling system, as well as provides turnkey production solutions; and offers pre and post commissioning cleaning, heat exchanger and tank cleaning, process plant recovery work, temporary intervention activities, turnaround work and support, decontamination service, temporary equipment support, product filtering, and support in operation of utility plants service. Further, it provides holistic suite of service in facilities engineering service, maintenance, engineering, project management and construction for air pollution control system, and water and waste treatment system. Additionally, the company manufactures aircraft component and hydraulic actuator; and integrates, assembles, trades in, imports, and exports hydraulic systems and marine components. It serves marine, oil and gas, infrastructure, construction, semiconductor, power plant and municipality, petrochemical, manufacturing, and pharmaceutical industries in Singapore, China, Malaysia, the Middles East, and the United States. The company was founded in 1998 and is headquartered in Singapore.
Nordic Dividend Announcement
• Nordic announced a semi annually dividend of S$0.01 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-20
• Nordic annual dividend for 2024 was S$0.01
• Nordic annual dividend for 2023 was S$0.02
• Nordic's trailing twelve-month (TTM) dividend yield is 4.24%
• Nordic's payout ratio for the trailing twelve months (TTM) is 48.16%
• Nordic's dividend growth over the last five years (2018-2023) was 2.91% year
• Nordic's dividend growth over the last ten years (2013-2023) was 22.53% year
Nordic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | S$0.01 | semi annually | 2024-09-04 |
2024-05-08 | S$0.01 | semi annually | 2024-05-17 |
2023-08-18 | S$0.01 | semi annually | 2023-09-04 |
2023-05-08 | S$0.01 | semi annually | 2023-05-17 |
2022-08-17 | S$0.01 | semi annually | 2022-09-02 |
2022-05-06 | S$0.00 | semi annually | 2022-05-17 |
2021-08-19 | S$0.00 | semi annually | 2021-09-03 |
2021-04-30 | S$0.00 | semi annually | 2021-05-14 |
2020-08-19 | S$0.00 | semi annually | 2020-09-04 |
2020-04-30 | S$0.00 | semi annually | 2020-05-14 |
2019-08-22 | S$0.00 | semi annually | 2019-09-05 |
2019-05-02 | S$0.00 | semi annually | 2019-05-14 |
2018-08-20 | S$0.01 | semi annually | 2018-09-05 |
2018-04-30 | S$0.01 | semi annually | 2018-05-14 |
2017-08-22 | S$0.01 | semi annually | 2017-09-05 |
2017-04-28 | S$0.01 | semi annually | 2017-05-12 |
2016-08-23 | S$0.01 | semi annually | |
2016-04-29 | S$0.01 | semi annually | |
2015-08-25 | S$0.00 | semi annually | |
2015-05-06 | S$0.00 | semi annually | |
2014-04-29 | S$0.00 | semi annually | |
2013-04-30 | S$0.00 | semi annually |
Nordic Dividend per year
Nordic Dividend growth
Nordic Dividend Yield
Nordic current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Nordic stock? Use our calculator to estimate your expected dividend yield:
Nordic Financial Ratios
Nordic Dividend FAQ
Other factors to consider when evaluating Nordic 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: Nordic'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, Nordic 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, Nordic 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 Nordic 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: Nordic 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, Nordic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nordic 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 Nordic'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 Nordic'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.