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Purmo Group Oyj provides indoor climate comfort solutions worldwide. It operates in two divisions, Radiators and Indoor Climate Systems (ICS). The Radiator division manufactures panel radiators comprising horizontal and decorative panel radiators, as well as vertical decorative radiators; and other radiators, such as towel warmers, decorative tubular radiators, and electric radiators. The ICS division offers radiant heating and cooling, air heating and cooling, and water distribution systems, as well as system components and controls to residential and non-residential buildings. The company also provides underfloor heating products, convectors, valves, and controls. It serves sanitary and heating wholesalers. The company was founded in 1953 and is headquartered in Helsinki, Finland. Purmo Group Oyj is a subsidiary of Rettig Group Ltd.

Purmo Dividend Announcement

Purmo announced a quarterly dividend of €0.09 per ordinary share which will be made payable on 2025-01-24. Ex dividend date: 2025-01-16
Purmo's trailing twelve-month (TTM) dividend yield is 3.21%
Purmo's payout ratio for the trailing twelve months (TTM) is -157.94%

Purmo Dividend History

Ex-Div dateDividend amountDividend typePay date
2025-01-16€0.09quarterly2025-01-24
2024-10-17€0.09quarterly2024-10-25
2024-07-18€0.09quarterly2024-07-26
2024-04-18€0.09quarterly2024-04-26
2024-03-14€0.09quarterly
2023-12-11€0.09quarterly2023-12-19
2023-09-14€0.09quarterly2023-09-22
2023-04-13€0.09quarterly2023-04-21
2022-09-23€0.18quarterly2022-10-03
2022-04-26€0.18quarterly2022-05-04

Purmo Dividend per year

Purmo Dividend growth

Purmo Dividend Yield

Purmo current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing Purmo stock? Use our calculator to estimate your expected dividend yield:

Purmo Financial Ratios

P/E ratio-44.67
PEG ratio-15.69
P/B ratio1.32
ROE-2.61%
Payout ratio-157.94%
Current ratio1.58
Quick ratio0.90
Cash Ratio0.39

Purmo Dividend FAQ

How much is the next Purmo dividend?
Purmo's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Purmo dividend. The next Purmo dividend will be released in March, April, July, or October.
When is Purmo dividend paid?
Purmo pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Purmo pay?
The specific amount of Purmo dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Purmo's dividend history.
Does Purmo stock pay dividends?
Yes, Purmo does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Purmo's dividend history.
How much dividend does Purmo pay?
Purmo paid €0.36 in 2024, €0.27 in 2023, €0.36 in 2022, €0.0 in 2021, and €0.0 in 2020.
How often does Purmo pay dividends?
Purmo typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, April, July, and October.
What is Purmo's dividend yield?
The current dividend yield for Purmo is 3.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Purmo's exact dividend yield.
When does Purmo go ex dividend?
Purmo's ex-dividend date for the latest dividend was on 2025-01-16. Purmo typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Purmo dividend paid?
Purmo pays dividends on a quarterly basis, typically around March, April, July, or October, but the exact dates can vary each year.
Will Purmo increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Purmo will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Purmo dividend per share?
Purmo paid €0.36 per share in 2024 and €0.27 per share in 2023. The amount of dividend per share that Purmo pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Purmo a dividend aristocrat?
No, 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 Purmo a dividend king?
No, 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 Purmo a dividend stock?
Yes, Purmo is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Purmo a good dividend stock?
Whether Purmo is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Purmo has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Purmo 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.
Does Purmo pay dividends monthly?
Purmo typically pays dividends on a quarterly basis.
Does Purmo pay dividends quarterly?
Purmo currently pays dividends on a quarterly basis.
Has Purmo ever paid a dividend?
Yes, Purmo has a history of paying dividends to its shareholders. Purmo is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Purmo dividend stocks?
To buy Purmo 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Purmo 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.
When does Purmo pay dividends 2024?
Purmo pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Purmo increase its dividend in 2024?
Decisions regarding Purmo dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Purmo dividend overview you can look into the above table of dividend history.
How Purmo dividend works?
The Purmo dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Purmo's dividend process works:

1. Determination of Dividend: Purmo'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, Purmo 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, Purmo 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 Purmo 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.
How are Purmo dividends paid?
Purmo dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Purmo 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, Purmo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Purmo 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.
How many times does Purmo pay dividends?
Purmo typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Purmo pay dividends?
The general pattern is that Purmo pays dividends around March, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Purmo dividend safe?
The safety of Purmo's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Purmo'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 Purmo'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.