Profoto Holding AB (publ) provides lighting products for professional photographers in Sweden and internationally. The company offers lighting equipment for photography, including on and off camera flashes, monolights, studiopacks, and for smart phones; and light modifiers, which include softboxes, umbrellas, beauty dishes, reflectors, grids, gels, barndoors, collapsible reflectors, snoots, adapters, special effect tools, and accessories for light shaping tools. In addition, the company provides air remotes; accessories, which include bags and cases, batteries and chargers, cables, consumables, and stands; and smartphone photography products, including smartphone lights and light shaping tools. It offers its products through dealers and rental companies, as well as online. Profoto Holding AB (publ) was founded in 1968 and is headquartered in Sundbyberg, Sweden
Profoto Dividend Announcement
• Profoto announced a annually dividend of kr3.75 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-15
• Profoto annual dividend for 2024 was kr3.75
• Profoto annual dividend for 2023 was kr4.00
• Profoto's trailing twelve-month (TTM) dividend yield is 7.91%
• Profoto's payout ratio for the trailing twelve months (TTM) is 260.50%
Profoto Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-15 | kr3.75 | annually | 2024-05-21 |
2023-05-08 | kr4.00 | annually | 2023-05-12 |
2022-05-06 | kr3.50 | annually | 2022-05-12 |
Profoto Dividend per year
Profoto Dividend growth
Profoto Dividend Yield
Profoto current trailing twelve-month (TTM) dividend yield is 7.91%. Interested in purchasing Profoto stock? Use our calculator to estimate your expected dividend yield:
Profoto Financial Ratios
Profoto Dividend FAQ
Other factors to consider when evaluating Profoto 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: Profoto'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, Profoto 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, Profoto 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 Profoto 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: Profoto 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, Profoto distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Profoto 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 Profoto'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 Profoto'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.