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OPUS GLOBAL Nyrt. through its subsidiaries, engages in the construction business. It operates through Industrial Production, Agriculture and Food Industry, Tourism, Energy, and Asset Management divisions. The company constructs roads, public utilities, and hydraulic objects; building, maintenance, planning, and licensing of protective and telecommunication devices, as well as railways and underground railway; car rentals; sells and purchases properties; and manufactures fireplace and stove, other electrical equipment, and non-electric domestic appliances. It also engages in the mixed farming business; manufacture of starches and starch products; wholesale of grain, unmanufactured tobacco, seeds, and animal feeds; and steam supply and air-conditioning business. In addition, the company provides domestic and rural wellness, and event tourism services; hotels and similar accommodation services; campsites services; operates 17 hotels and two spas with approximately 3,113 rooms under the HUNGUEST brand name; and owns and rents properties. Further, the company leases and operates properties; and provides engineering activities and technical consultancy services, as well as data processing and web-hosting services. Additionally, the company distributes electricity in 400 municipalities and serves approximately 772,000 homes and workplaces; and supplies gas through the network of approximately 34,000 kilometers of pipeline. The company was formerly known as OPIMUS GROUP Nyrt. and changed its name to OPUS GLOBAL Nyrt. in September 2017. OPUS GLOBAL Nyrt. was founded in 1912 and is based in Budapest, Hungary.

OPUS GLOBAL Dividend Announcement

• OPUS GLOBAL announced a annually dividend of Ft10.38 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-05
• OPUS GLOBAL annual dividend for 2024 was Ft10.38
• OPUS GLOBAL's trailing twelve-month (TTM) dividend yield is 1.99%
• OPUS GLOBAL's payout ratio for the trailing twelve months (TTM) is 18.28%

OPUS GLOBAL Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-05Ft10.38annually2024-06-17

OPUS GLOBAL Dividend per year

OPUS GLOBAL Dividend Yield

OPUS GLOBAL current trailing twelve-month (TTM) dividend yield is 1.99%. Interested in purchasing OPUS GLOBAL stock? Use our calculator to estimate your expected dividend yield:

OPUS GLOBAL Financial Ratios

P/E ratio9.17
PEG ratio-0.05
P/B ratio1.48
ROE16.65%
Payout ratio18.28%
Current ratio1.42
Quick ratio1.32
Cash Ratio0.73

OPUS GLOBAL Dividend FAQ

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