company-logo

Railcare Group AB (publ) provides railway maintenance services primarily in the Nordic region and the United Kingdom. The company offers maintenance services for railway re-ballasting beneath tracks and switches; special transport services, including locomotive and wagon rentals, and temporary personnel; and workshop services, such as repairs, upgrades, and regular maintenance. It also conducts construction and project transports, heavy transports, and special transports that require traffic permits; supplies personnel, locomotives, wagons, and machines; installs radio control systems and safety systems; and renovates and modifies railway vehicles. In addition, the company produces, markets, and sells engineered machines, including ballast feeder systems, multi-purpose vehicles for railway maintenance, high-volume vacuum excavator machines, vacuum suction machines, and snow clearing machines. Railcare Group AB (publ) was founded in 1992 and is headquartered in Skelleftehamn, Sweden.

Railcare Dividend Announcement

Railcare announced a annually dividend of kr0.70 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-10
Railcare annual dividend for 2024 was kr0.70
Railcare annual dividend for 2023 was kr0.60
Railcare's trailing twelve-month (TTM) dividend yield is 2.21%
Railcare's payout ratio for the trailing twelve months (TTM) is 38.50%

Railcare Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-10kr0.70annually2024-05-16
2023-05-05kr0.60annually2023-05-11
2022-05-06kr0.60annually2022-05-12
2021-05-06kr0.60annually2021-05-12
2020-05-07kr0.30annually2020-05-13
2017-04-27kr3.30annually2017-05-04
2016-04-22kr3.00annually
2015-04-22kr3.00annually
2011-04-07kr0.50annually
2010-03-19kr0.37annually

Railcare Dividend per year

Railcare Dividend growth

Railcare Dividend Yield

Railcare current trailing twelve-month (TTM) dividend yield is 2.21%. Interested in purchasing Railcare stock? Use our calculator to estimate your expected dividend yield:

Railcare Financial Ratios

P/E ratio17.44
PEG ratio1.57
P/B ratio2.77
ROE15.94%
Payout ratio38.50%
Current ratio0.73
Quick ratio0.59
Cash Ratio0.04

Railcare Dividend FAQ

How much is the next Railcare dividend?
Railcare's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Railcare dividend. The next Railcare dividend will be released in May.
When is Railcare dividend paid?
Railcare pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Railcare pay?
The specific amount of Railcare 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 Railcare's dividend history.
Does Railcare stock pay dividends?
Yes, Railcare 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 Railcare's dividend history.
How much dividend does Railcare pay?
Railcare paid kr0.7 in 2024, kr0.6 in 2023, kr0.6 in 2022, kr0.6 in 2021, and kr0.3 in 2020.
How often does Railcare pay dividends?
Railcare typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Railcare's dividend yield?
The current dividend yield for Railcare is 2.21%. 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 Railcare's exact dividend yield.
When does Railcare go ex dividend?
Railcare's ex-dividend date for the latest dividend was on 2024-05-10. Railcare 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 Railcare dividend paid?
Railcare pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Railcare 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 Railcare 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 Railcare dividend per share?
Railcare paid kr0.7 per share in 2024 and kr0.6 per share in 2023. The amount of dividend per share that Railcare 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 Railcare 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 Railcare 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 Railcare a dividend stock?
Yes, Railcare is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Railcare a good dividend stock?
Whether Railcare is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Railcare has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Railcare 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 Railcare pay dividends monthly?
Railcare typically pays dividends on a annually basis.
Does Railcare pay dividends quarterly?
Railcare currently pays dividends on a annually basis.
Has Railcare ever paid a dividend?
Yes, Railcare has a history of paying dividends to its shareholders. Railcare is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Railcare dividend stocks?
To buy Railcare 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 Railcare 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 Railcare pay dividends 2024?
Railcare pays dividends on a annually basis. 2024 dividend payments are in 2024-05-16. 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 Railcare increase its dividend in 2024?
Decisions regarding Railcare 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 Railcare dividend overview you can look into the above table of dividend history.
How Railcare dividend works?
The Railcare 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 Railcare's dividend process works:

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

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

3. Currency: Railcare 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 Railcare pay dividends?
Railcare typically pays dividends on a annually 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 Railcare pay dividends?
The general pattern is that Railcare pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Railcare dividend safe?
The safety of Railcare'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 Railcare'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 Railcare'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.