Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. It offers cold rolled coils, strips, and sheets; precision strips; hot rolled coils, strips, and plates; quarto plates; precise components, including welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, press plates, roll shells, and blancs and disks; semi-finished stainless steel long products comprising billets and blooms, forged and rolled billets, cast slabs, ingots, and rebar; and stainless steel wire rods, wires, and bars. Its products are used in various applications, including commercial kitchen, cooking, food industry, and home appliances; automotive and transportation; building and infrastructure; energy and marine; and heavy industries. Outokumpu Oyj was founded in 1910 and is headquartered in Helsinki, Finland.
Outokumpu Dividend Announcement
• Outokumpu announced a annually dividend of €0.26 per ordinary share which will be made payable on . Ex dividend date: 2024-04-05
• Outokumpu annual dividend for 2024 was €0.26
• Outokumpu annual dividend for 2023 was €0.10
• Outokumpu's trailing twelve-month (TTM) dividend yield is 7.91%
• Outokumpu's payout ratio for the trailing twelve months (TTM) is -44.00%
Outokumpu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-05 | €0.26 | annually | |
2023-03-31 | €0.10 | annually | 2023-04-12 |
2022-04-01 | €0.15 | annually | 2022-04-11 |
2020-04-01 | €0.10 | annually | |
2019-03-28 | €0.15 | annually | 2019-04-05 |
2018-03-23 | €0.25 | annually | 2018-04-04 |
2017-03-22 | €0.10 | annually | 2017-03-30 |
2011-03-25 | €0.02 | annually | |
2010-03-31 | €0.03 | annually | |
2009-03-25 | €0.05 | annually | |
2008-03-28 | €0.11 | annually | |
2007-03-29 | €0.10 | annually |
Outokumpu Dividend per year
Outokumpu Dividend growth
Outokumpu Dividend Yield
Outokumpu current trailing twelve-month (TTM) dividend yield is 7.91%. Interested in purchasing Outokumpu stock? Use our calculator to estimate your expected dividend yield:
Outokumpu Financial Ratios
Outokumpu Dividend FAQ
Other factors to consider when evaluating Outokumpu 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: Outokumpu'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, Outokumpu 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, Outokumpu 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 Outokumpu 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: Outokumpu 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, Outokumpu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Outokumpu 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 Outokumpu'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 Outokumpu'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.