company-logo

Síminn hf. provides communication solutions in Iceland and internationally. The company operates through Mobile, Fixed Voice, Internet and Network, TV, Equipment Sales, and Other segments. It also offers mobile services; fixed voice services; data services, including xDSL service, GPON, internet, IP net, core network, local loop, and access network; TV broadcast and distribution services; and IT and finance services, as well as sells telecommunication equipment. In addition, the company sells products online. Síminn hf. was founded in 1906 and is based in Reykjavík, Iceland.

Síminn Dividend Announcement

Síminn announced a semi annually dividend of kr0.20 per ordinary share which will be made payable on 2024-04-05. Ex dividend date: 2024-03-15
Síminn annual dividend for 2024 was kr0.20
Síminn annual dividend for 2023 was kr11.02
Síminn's trailing twelve-month (TTM) dividend yield is 1.48%
Síminn's payout ratio for the trailing twelve months (TTM) is 39.05%
Síminn's dividend growth over the last five years (2018-2023) was 251.64% year

Síminn Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-15kr0.20semi annually2024-04-05
2023-03-29kr10.90semi annually2023-03-31
2023-03-10kr0.12semi annually2023-03-31
2022-11-03kr7.16semi annually2022-11-07
2022-03-11kr0.04semi annually2022-04-07
2021-03-29kr1.19semi annually2021-04-08
2021-03-12kr0.04semi annually2021-04-08
2020-03-13kr0.03semi annually2020-04-07
2019-03-22kr0.04semi annually2019-04-12
2018-03-16kr0.02semi annually2018-04-06
2017-03-17kr0.03semi annually2017-04-12

Síminn Dividend per year

Síminn Dividend growth

Síminn Dividend Yield

Síminn current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing Síminn stock? Use our calculator to estimate your expected dividend yield:

Síminn Financial Ratios

P/E ratio26.35
PEG ratio0.41
P/B ratio1.85
ROE7.08%
Payout ratio39.05%
Current ratio1.12
Quick ratio0.95
Cash Ratio0.14

Síminn Dividend FAQ

How much is the next Síminn dividend?
Síminn's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Síminn dividend. The next Síminn dividend will be released in March, or March.
When is Síminn dividend paid?
Síminn pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and March. 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 Síminn pay?
The specific amount of Síminn 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 Síminn's dividend history.
Does Síminn stock pay dividends?
Yes, Síminn 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 Síminn's dividend history.
How much dividend does Síminn pay?
Síminn paid kr0.2 in 2024, kr11.022 in 2023, kr7.201 in 2022, kr1.222 in 2021, and kr0.034 in 2020.
How often does Síminn pay dividends?
Síminn typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and March.
What is Síminn's dividend yield?
The current dividend yield for Síminn is 1.48%. 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 Síminn's exact dividend yield.
When does Síminn go ex dividend?
Síminn's ex-dividend date for the latest dividend was on 2024-03-15. Síminn 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 Síminn dividend paid?
Síminn pays dividends on a semi annually basis, typically around March, or March, but the exact dates can vary each year.
Will Síminn 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 Síminn 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 Síminn dividend per share?
Síminn paid kr0.2 per share in 2024 and kr11.022 per share in 2023. The amount of dividend per share that Síminn 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 Síminn 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 Síminn 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 Síminn a dividend stock?
Yes, Síminn is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Síminn a good dividend stock?
Whether Síminn is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Síminn has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Síminn 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 Síminn pay dividends monthly?
Síminn typically pays dividends on a semi annually basis.
Does Síminn pay dividends quarterly?
Síminn currently pays dividends on a semi annually basis.
Has Síminn ever paid a dividend?
Yes, Síminn has a history of paying dividends to its shareholders. Síminn is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Síminn dividend stocks?
To buy Síminn 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 Síminn 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 Síminn pay dividends 2024?
Síminn pays dividends on a semi annually basis. 2024 dividend payments are in 2024-04-05. 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 Síminn increase its dividend in 2024?
Decisions regarding Síminn 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 Síminn dividend overview you can look into the above table of dividend history.
How Síminn dividend works?
The Síminn 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 Síminn's dividend process works:

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

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

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