OEM International AB (publ), together with its subsidiaries, provides products and systems for industrial applications. The company offers a range of industrial automation components in the areas of electrical components, flow technology, motors, transmissions and brakes, ball bearings and seals, appliance components, and installation components, as well as machine components and cables, engines, and pressure and flow components. It sells its products in Sweden, Finland, the Baltic States, China, Denmark, Norway, the United Kingdom, and East Central Europe. The company was incorporated in 1973 and is based in Tranås, Sweden.
OEM International Dividend Announcement
• OEM International announced a annually dividend of kr1.75 per ordinary share which will be made payable on 2024-04-30. Ex dividend date: 2024-04-24
• OEM International annual dividend for 2024 was kr1.75
• OEM International annual dividend for 2023 was kr1.50
• OEM International's trailing twelve-month (TTM) dividend yield is 1.52%
• OEM International's payout ratio for the trailing twelve months (TTM) is 42.03%
• OEM International's dividend growth over the last five years (2018-2023) was -24.21% year
• OEM International's dividend growth over the last ten years (2013-2023) was -8.76% year
OEM International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-24 | kr1.75 | annually | 2024-04-30 |
2023-04-19 | kr1.50 | annually | 2023-04-25 |
2022-05-25 | kr3.25 | annually | |
2022-04-27 | kr2.75 | annually | 2022-05-03 |
2021-04-23 | kr7.50 | annually | 2021-04-29 |
2020-04-23 | kr42.00 | annually | |
2019-04-25 | kr6.75 | annually | 2019-05-02 |
2018-04-19 | kr6.00 | annually | 2018-04-25 |
2017-04-20 | kr5.50 | annually | 2017-04-26 |
2016-04-27 | kr5.00 | annually | |
2015-04-24 | kr4.25 | annually | |
2014-04-30 | kr4.00 | annually | |
2013-04-23 | kr3.75 | annually |
OEM International Dividend per year
OEM International Dividend growth
OEM International Dividend Yield
OEM International current trailing twelve-month (TTM) dividend yield is 1.52%. Interested in purchasing OEM International stock? Use our calculator to estimate your expected dividend yield:
OEM International Financial Ratios
OEM International Dividend FAQ
Other factors to consider when evaluating OEM International 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: OEM International'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, OEM International 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, OEM International 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 OEM International 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: OEM International 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, OEM International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OEM International 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 OEM International'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 OEM International'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.