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Scandinavian Brake Systems A/S, together with its subsidiaries, sources, completes, stocks, markets, and distributes spare parts for cars and vans in Europe and internationally. The company offers various wear parts for automotive aftermarket, including mechanical and hydraulic brake parts; steering parts and wheel bearing kits; suspension and transmission parts; clutch parts; starters and alternators; engine mounts; and brake discs, brake drums, brake callipers, and brake shoes under the NK and Eurobrake brands, as well as private labels. It serves international, national, and local distributors, including capital chains, purchasing groups independent distributors, and e-commerce platforms. The company was formerly known as OBTEC and changed its name to Scandinavian Brake Systems A/S in 2003. Scandinavian Brake Systems A/S was founded in 1964 and is based in Svendborg, Denmark. Scandinavian Brake Systems A/S is a subsidiary of Stiholt Holding A/S.

Scandinavian Brake Systems Dividend Announcement

Scandinavian Brake Systems announced a annually dividend of kr2.60 per ordinary share which will be made payable on . Ex dividend date: 2007-04-20
Scandinavian Brake Systems's trailing twelve-month (TTM) dividend yield is -%

Scandinavian Brake Systems Dividend History

Ex-Div dateDividend amountDividend typePay date
2007-04-20kr2.60annually
2006-05-01kr32.00annually
2005-04-26kr16.50annually

Scandinavian Brake Systems Dividend per year

Scandinavian Brake Systems Dividend growth

Scandinavian Brake Systems Dividend Yield

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

Scandinavian Brake Systems Financial Ratios

P/E ratio-1.02
PEG ratio-0.02
P/B ratio2.31
ROE-203.86%
Payout ratio0.00%
Current ratio1.50
Quick ratio1.50
Cash Ratio1.35

Scandinavian Brake Systems Dividend FAQ

Does Scandinavian Brake Systems stock pay dividends?
Scandinavian Brake Systems does not currently pay dividends to its shareholders.
Has Scandinavian Brake Systems ever paid a dividend?
No, Scandinavian Brake Systems has no a history of paying dividends to its shareholders. Scandinavian Brake Systems is not known for its dividend payments.
Why doesn't Scandinavian Brake Systems pay dividends?
There are several potential reasons why Scandinavian Brake Systems would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Scandinavian Brake Systems ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Scandinavian Brake Systems has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Scandinavian Brake Systems a dividend aristocrat?
Scandinavian Brake Systems is not considered a Dividend Aristocrat. 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 Scandinavian Brake Systems a dividend king?
Scandinavian Brake Systems is not classified as a "Dividend King". 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 Scandinavian Brake Systems a dividend stock?
No, Scandinavian Brake Systems is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Scandinavian Brake Systems stocks?
To buy Scandinavian Brake Systems 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Scandinavian Brake Systems 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.