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Piippo Oyj manufactures and sells baling net wraps and baling twines for farmers in Finland. The company offers hybrid edge master and other net wraps and slash bundler twines, round, conventional, and big square bailing. It also provides baling films; B2B products that include cable fillers and armouring yarns; and consumer products, such as synthetic ropes and twines, rolleri, natural ropes and twines, railing and decorative ropes, products for household use, towing ropes, binding straps, and starting ropes. The company was founded in 1942 and is based in Outokumpu, Finland.

Piippo Dividend Announcement

• Piippo announced a annually dividend of €0.03 per ordinary share which will be made payable on 2022-07-15. Ex dividend date: 2022-07-07
• Piippo's trailing twelve-month (TTM) dividend yield is -%

Piippo Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-07€0.03annually2022-07-15
2017-04-03€0.26annually2017-04-11
2016-03-31€0.25annually

Piippo Dividend per year

Piippo Dividend Yield

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

Piippo Financial Ratios

P/E ratio-0.86
PEG ratio-0.01
P/B ratio0.49
ROE-50.68%
Payout ratio0.00%
Current ratio1.12
Quick ratio0.33
Cash Ratio0.02

Piippo Dividend FAQ

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