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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2007-04-20 | kr2.60 | annually | |
2006-05-01 | kr32.00 | annually | |
2005-04-26 | kr16.50 | annually |
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
Scandinavian Brake Systems Dividend FAQ
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.
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