Saga Furs Oyj operates as a full service auction house in the fur and fashion industries in Finland. The company offers mink, fox, finnraccoon, karakul, and other furs under the Saga Furs brand name. It serves fur breeders and suppliers, clothing manufacturers, and fashion houses. The company was formerly known as Turkistuottajat Oyj and changed its name to Saga Furs Oyj in October 2011. Saga Furs Oyj was incorporated in 1938 and is based in Vantaa, Finland.
Saga Furs Dividend Announcement
• Saga Furs announced a annually dividend of €0.66 per ordinary share which will be made payable on 2024-05-08. Ex dividend date: 2024-04-29 • Saga Furs annual dividend for 2024 was €0.66 • Saga Furs annual dividend for 2023 was €0.14 • Saga Furs's trailing twelve-month (TTM) dividend yield is 6.98% • Saga Furs's payout ratio for the trailing twelve months (TTM) is 14.11%
Saga Furs current trailing twelve-month (TTM) dividend yield is 6.98%. Interested in purchasing Saga Furs stock? Use our calculator to estimate your expected dividend yield:
Saga Furs Financial Ratios
P/E ratio6.03
PEG ratio-0.51
P/B ratio0.37
ROE6.00%
Payout ratio14.11%
Current ratio3.51
Quick ratio2.98
Cash Ratio0.81
Saga Furs Dividend FAQ
How much is the next Saga Furs dividend?
Saga Furs's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Saga Furs dividend. The next Saga Furs dividend will be released in May.
When is Saga Furs dividend paid?
Saga Furs 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 Saga Furs pay?
The specific amount of Saga Furs 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 Saga Furs's dividend history.
Does Saga Furs stock pay dividends?
Yes, Saga Furs 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 Saga Furs's dividend history.
How much dividend does Saga Furs pay?
Saga Furs paid €0.66 in 2024, €0.14 in 2023, €1.28 in 2022, €0.0 in 2021, and €0.0 in 2020.
How often does Saga Furs pay dividends?
Saga Furs 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 Saga Furs's dividend yield?
The current dividend yield for Saga Furs is 6.98%. 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 Saga Furs's exact dividend yield.
When does Saga Furs go ex dividend?
Saga Furs's ex-dividend date for the latest dividend was on 2024-04-29. Saga Furs 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 Saga Furs dividend paid?
Saga Furs pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Saga Furs 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 Saga Furs 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 Saga Furs dividend per share?
Saga Furs paid €0.66 per share in 2024 and €0.14 per share in 2023. The amount of dividend per share that Saga Furs 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 Saga Furs 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 Saga Furs 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 Saga Furs a dividend stock?
Yes, Saga Furs is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saga Furs a good dividend stock?
Whether Saga Furs is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Saga Furs has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Saga Furs 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 Saga Furs pay dividends monthly?
Saga Furs typically pays dividends on a annually basis.
Does Saga Furs pay dividends quarterly?
Saga Furs currently pays dividends on a annually basis.
Has Saga Furs ever paid a dividend?
Yes, Saga Furs has a history of paying dividends to its shareholders. Saga Furs is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saga Furs dividend stocks?
To buy Saga Furs 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 Saga Furs 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 Saga Furs pay dividends 2024?
Saga Furs pays dividends on a annually basis. 2024 dividend payments are in 2024-05-08. 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 Saga Furs increase its dividend in 2024?
Decisions regarding Saga Furs 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 Saga Furs dividend overview you can look into the above table of dividend history.
How Saga Furs dividend works?
The Saga Furs 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 Saga Furs's dividend process works:
1. Determination of Dividend: Saga Furs'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, Saga Furs 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, Saga Furs 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 Saga Furs 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 Saga Furs dividends paid?
Saga Furs dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Saga Furs 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, Saga Furs distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Saga Furs 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 Saga Furs pay dividends?
Saga Furs 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 Saga Furs pay dividends?
The general pattern is that Saga Furs 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 Saga Furs dividend safe?
The safety of Saga Furs'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 Saga Furs'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 Saga Furs'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.