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PARKEN Sport & Entertainment A/S operates in the sports industry in Denmark. The company operates a football stadium and club. It is also involved in the operation of Lalandia holiday and activity centers, and construction, rental, and sale of holiday homes, as well as rental of office spaces. The company was founded in 1991 and is based in Copenhagen, Denmark.

PARKEN Sport & Entertainment Dividend Announcement

PARKEN Sport & Entertainment announced a annually dividend of kr10.00 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-24
PARKEN Sport & Entertainment annual dividend for 2024 was kr10.00
PARKEN Sport & Entertainment annual dividend for 2023 was kr10.00
PARKEN Sport & Entertainment's trailing twelve-month (TTM) dividend yield is 7.52%
PARKEN Sport & Entertainment's payout ratio for the trailing twelve months (TTM) is 28.35%

PARKEN Sport & Entertainment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-24kr10.00annually2024-04-26
2023-04-24kr10.00annually2023-04-26
2017-04-28kr10.00annually2017-05-02
2005-10-31kr4.02annually

PARKEN Sport & Entertainment Dividend per year

PARKEN Sport & Entertainment Dividend Yield

PARKEN Sport & Entertainment current trailing twelve-month (TTM) dividend yield is 7.52%. Interested in purchasing PARKEN Sport & Entertainment stock? Use our calculator to estimate your expected dividend yield:

PARKEN Sport & Entertainment Financial Ratios

P/E ratio3.77
PEG ratio0.14
P/B ratio1.12
ROE30.06%
Payout ratio28.35%
Current ratio0.94
Quick ratio0.74
Cash Ratio0.25

PARKEN Sport & Entertainment Dividend FAQ

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