Nordic Flanges Group AB (publ) produces and sells industrial flanges in Sweden, rest of the Nordic region, and internationally. The company provides flange solutions and forged products in stainless steel, aluminum, and carbon steel. It offers stock flanges, collars, welding rings, and loose flanges, as well as special flanges and customer-specific products. The company was formerly known as Vinovo AB (publ) and changed its name to Nordic Flanges Group AB (publ) in March 2015. Nordic Flanges Group AB (publ) was founded in 1970 and is headquartered in Stockholm, Sweden.
Nordic Flanges Dividend Announcement
• Nordic Flanges announced a annually dividend of kr0.03 per ordinary share which will be made payable on 2017-05-05. Ex dividend date: 2017-04-28
• Nordic Flanges's trailing twelve-month (TTM) dividend yield is -%
Nordic Flanges Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-04-28 | kr0.03 | annually | 2017-05-05 |
Nordic Flanges Dividend per year
Nordic Flanges Dividend Yield
Nordic Flanges current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Nordic Flanges stock? Use our calculator to estimate your expected dividend yield:
Nordic Flanges Financial Ratios
Nordic Flanges Dividend FAQ
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.
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