PNE AG engages in the development, planning, realization, financing, operation, and sales of wind and photovoltaic (PV) farms and transformer stations in Germany and internationally. The company develops, constructs, and sells onshore and offshore wind farms under the PNE and WKN brand names, as well as PVs; provides technical and commercial operations management services for wind farms, PV plants, and transformer stations; and generates electricity from wind and biomass power plant. It is also involved in the development photovoltaics and hybrid solutions. The company was formerly known as PNE WIND AG and changed its name to PNE AG in June 2018. The company was founded in 1995 and is headquartered in Cuxhaven, Germany.
PNE Dividend Announcement
• PNE announced a annually dividend of €0.04 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-05-31
• PNE annual dividend for 2024 was €0.04
• PNE annual dividend for 2023 was €0.04
• PNE's trailing twelve-month (TTM) dividend yield is 0.36%
• PNE's payout ratio for the trailing twelve months (TTM) is -18.10%
• PNE's dividend growth over the last ten years (2013-2023) was 7.18% year
PNE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | €0.04 | annually | 2024-06-04 |
2023-05-10 | €0.04 | annually | 2023-05-12 |
2022-05-19 | €0.04 | annually | 2022-05-23 |
2021-05-20 | €0.04 | annually | 2021-05-25 |
2020-05-21 | €0.04 | annually | 2020-05-26 |
2019-05-23 | €0.04 | annually | 2019-05-27 |
2018-06-07 | €0.04 | annually | 2018-06-11 |
2017-06-01 | €0.08 | annually | 2017-06-06 |
2016-05-26 | €0.04 | annually | 2016-05-26 |
2015-10-26 | €0.04 | annually | 2015-10-26 |
2014-06-05 | €0.05 | annually | 2014-06-05 |
2013-05-23 | €0.02 | annually | 2013-05-23 |
PNE Dividend per year
PNE Dividend growth
PNE Dividend Yield
PNE current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing PNE stock? Use our calculator to estimate your expected dividend yield:
PNE Financial Ratios
PNE Dividend FAQ
Other factors to consider when evaluating PNE 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: PNE'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, PNE 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, PNE 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 PNE 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: PNE 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, PNE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PNE 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 PNE'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 PNE'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.