Polwax S.A. produces and distributes refined and deodorized paraffin, waxes, and specialty industrial paraffin compositions. The company also offers anti-corrosion agents, anti-caking agents, casting waxes, hot-melt adhesives, and other industrial products, as well as candles and grave lights. Its products are used in fertilizer, rubber, food, and paper and packaging industries; the production of varnishes, paints, and construction materials; and the manufacture of wood impregnations, explosives, candles, and grave lights, as well as in investment casting and wood processing activities, and other special applications. Polwax S.A. was incorporated in 2012 and is based in Jaslo, Poland.
Polwax Dividend Announcement
• Polwax announced a annually dividend of zł0.20 per ordinary share which will be made payable on 2023-07-23. Ex dividend date: 2023-06-02
• Polwax annual dividend for 2023 was zł0.20
• Polwax's trailing twelve-month (TTM) dividend yield is -%
• Polwax's payout ratio for the trailing twelve months (TTM) is -12.42%
Polwax Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-02 | zł0.20 | annually | 2023-07-23 |
2022-07-07 | zł0.08 | annually | 2022-07-23 |
Polwax Dividend per year
Polwax Dividend Yield
Polwax current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Polwax stock? Use our calculator to estimate your expected dividend yield:
Polwax Financial Ratios
Polwax Dividend FAQ
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.
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