company-logo

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 dateDividend amountDividend typePay date
2017-04-28kr0.03annually2017-05-05

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

P/E ratio-1.49
PEG ratio-0.01
P/B ratio1.16
ROE-91.83%
Payout ratio0.00%
Current ratio1.01
Quick ratio0.48
Cash Ratio0.06

Nordic Flanges Dividend FAQ

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