Proact IT Group AB (publ), together with its subsidiaries, provides data and information management services with focus on cloud services and data center solutions. It offers data strategy advisory services, including strategic consultancy and architecture services; storage data, archive, and database management services; connect data services, such as network, edge computing, and cloud based solutions; backup, disaster recovery, security, and support services to secure and protest data; and artificial intelligence, analytic, automation, and workspace related services. The company also provides professional services, such as strategic consulting, project management, design, migration, implementation, training, health check, maintenance, and assessment services. It serves retail and services, public, telecom, manufacturing, oil and energy, banking and finance, media, and other sectors. The company operates in Sweden, Norway, Finland, Denmark, the United Kingdom, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia, the Netherlands, Belgium, Spain, Germany, and the United States. Proact IT Group AB (publ) was incorporated in 1994 and is headquartered in Kista, Sweden.
Proact IT Dividend Announcement
• Proact IT announced a annually dividend of kr2.00 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-08
• Proact IT annual dividend for 2024 was kr2.00
• Proact IT annual dividend for 2023 was kr1.85
• Proact IT's trailing twelve-month (TTM) dividend yield is 1.53%
• Proact IT's payout ratio for the trailing twelve months (TTM) is 22.97%
• Proact IT's dividend growth over the last five years (2018-2023) was -13.18% year
• Proact IT's dividend growth over the last ten years (2013-2023) was 5.34% year
Proact IT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-08 | kr2.00 | annually | 2024-05-15 |
2023-05-05 | kr1.85 | annually | 2023-05-11 |
2022-05-06 | kr1.50 | annually | 2022-05-12 |
2021-05-07 | kr4.50 | annually | 2021-05-14 |
2020-11-06 | kr2.50 | annually | 2020-11-12 |
2020-05-07 | kr12.45 | annually | |
2019-05-10 | kr4.15 | annually | 2019-05-16 |
2018-05-09 | kr3.75 | annually | 2018-05-16 |
2017-05-10 | kr3.50 | annually | 2017-05-16 |
2016-05-03 | kr2.70 | annually | |
2015-05-06 | kr1.70 | annually | |
2014-05-07 | kr1.20 | annually | |
2013-05-08 | kr1.10 | annually |
Proact IT Dividend per year
Proact IT Dividend growth
Proact IT Dividend Yield
Proact IT current trailing twelve-month (TTM) dividend yield is 1.53%. Interested in purchasing Proact IT stock? Use our calculator to estimate your expected dividend yield:
Proact IT Financial Ratios
Proact IT Dividend FAQ
Other factors to consider when evaluating Proact IT 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: Proact IT'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, Proact IT 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, Proact IT 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 Proact IT 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: Proact IT 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, Proact IT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Proact IT 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 Proact IT'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 Proact IT'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.