Peab AB (publ) operates as a construction and civil engineering company in Sweden, Norway, and Finland. It operates through Construction, Civil Engineering, Industry, and Project Development segments. The Construction segment constructs homes, and public and commercial properties; and provides renovation, rebuilding, extension, and construction services. The Civil Engineering segment constructs and maintains roads, railroads, bridges, tunnels, ports, and other infrastructure. This segment also undertakes landscaping, pipeline, and foundation works; operates and maintains national and municipal highways and street networks, as well as cares for parks and outdoor properties; and operates water and sewage supply networks. The Industry segment offers products and services for construction and civil engineering projects. It provides mineral aggregates, concrete and paving products, and temporary electricity to prefabricated concrete elements. This segment also rents cranes and machines; distributes binders to the concrete industry; provides transportation services; and recycles production waste and excavated soil. The Project Development segment acquires, develops, and divests residential and commercial properties, and city blocks. It also rents apartment buildings and single homes. Peab AB (publ) was founded in 1959 and is headquartered in Förslöv, Sweden.
Peab Dividend Announcement
• Peab announced a annually dividend of kr1.50 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-07
• Peab annual dividend for 2024 was kr1.50
• Peab annual dividend for 2023 was kr4.00
• Peab's trailing twelve-month (TTM) dividend yield is 1.79%
• Peab's payout ratio for the trailing twelve months (TTM) is 29.08%
Peab Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | kr1.50 | annually | 2024-05-14 |
2023-05-05 | kr4.00 | annually | 2023-05-11 |
2022-05-06 | kr5.00 | annually | 2022-05-12 |
2021-05-07 | kr4.50 | annually | 2021-05-14 |
2019-05-10 | kr4.20 | annually | 2019-05-16 |
2018-05-08 | kr4.00 | annually | 2018-05-15 |
2017-05-11 | kr3.60 | annually | 2017-05-17 |
2016-05-11 | kr2.60 | annually | |
2015-05-15 | kr2.25 | annually | |
2014-05-14 | kr1.80 | annually | |
2013-05-15 | kr1.60 | annually | |
2012-05-16 | kr2.10 | annually |
Peab Dividend per year
Peab Dividend growth
Peab Dividend Yield
Peab current trailing twelve-month (TTM) dividend yield is 1.79%. Interested in purchasing Peab stock? Use our calculator to estimate your expected dividend yield:
Peab Financial Ratios
Peab Dividend FAQ
Other factors to consider when evaluating Peab 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: Peab'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, Peab 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, Peab 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 Peab 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: Peab 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, Peab distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Peab 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 Peab'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 Peab'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.