Scandinavian Tobacco Group A/S manufactures and sells cigars and pipe tobacco in the United States, Europe, and internationally. The company offers fine-cut tobacco, and machine-rolled and handmade cigars. It markets its products under the Bali Shag, Balmoral, Borkum Riff, Break, Bugler, Café Crème, CAO, Captain Black, Clan, Cohiba, Colts, Crossroad, Cubero, Erinmore, Escort, Hajenus, Henri Wintermans, Kite, La Gloria Cubana, La Paz, M by Colts, Macanudo, Mehari's, Mercator, Panter, Partagas, Petit, Signature, SLS SALSA, Stanwell, Talon, Tiedemanns, W.Ø. Larsen, and Winchester brand names. The company sells its products through online, catalogue, and retail channels. In addition, it offers contract manufacturing and licensing services for third parties; and sells accessories. Scandinavian Tobacco Group A/S was founded in 1750 and is based in Gentofte, Denmark.
Scandinavian Tobacco Dividend Announcement
• Scandinavian Tobacco announced a annually dividend of kr8.40 per ordinary share which will be made payable on . Ex dividend date: 2024-04-05
• Scandinavian Tobacco annual dividend for 2024 was kr8.40
• Scandinavian Tobacco annual dividend for 2023 was kr8.25
• Scandinavian Tobacco's trailing twelve-month (TTM) dividend yield is 8.74%
• Scandinavian Tobacco's payout ratio for the trailing twelve months (TTM) is 71.94%
• Scandinavian Tobacco's dividend growth over the last five years (2018-2023) was 7.49% year
Scandinavian Tobacco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-05 | kr8.40 | annually | |
2023-04-14 | kr8.25 | annually | 2023-04-18 |
2022-04-01 | kr7.50 | annually | 2022-04-05 |
2021-04-15 | kr6.50 | annually | 2021-04-19 |
2020-03-27 | kr6.10 | annually | 2020-03-31 |
2019-04-11 | kr6.00 | annually | 2019-04-15 |
2018-04-30 | kr5.75 | annually | 2018-05-02 |
2017-11-09 | kr3.50 | annually | 2017-11-13 |
2017-04-27 | kr5.50 | annually | 2017-05-01 |
2016-04-27 | kr5.00 | annually |
Scandinavian Tobacco Dividend per year
Scandinavian Tobacco Dividend growth
Scandinavian Tobacco Dividend Yield
Scandinavian Tobacco current trailing twelve-month (TTM) dividend yield is 8.74%. Interested in purchasing Scandinavian Tobacco stock? Use our calculator to estimate your expected dividend yield:
Scandinavian Tobacco Financial Ratios
Scandinavian Tobacco Dividend FAQ
Other factors to consider when evaluating Scandinavian Tobacco 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.
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1. Determination of Dividend: Scandinavian Tobacco'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, Scandinavian Tobacco 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, Scandinavian Tobacco 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 Scandinavian Tobacco 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.
1. Record Date: Scandinavian Tobacco 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, Scandinavian Tobacco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scandinavian Tobacco 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.
To assess the safety of Scandinavian Tobacco'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 Scandinavian Tobacco'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.