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Sjóvá-Almennar tryggingar hf. operates as an insurance company in Iceland. The company offers motor vehicle, family and home, life and critical illness, and medical cost insurance products for individuals. It also provides commercial insurance products, such as fire and commercial property insurance; public and product liability, employer's liability, directors and officers liability, professional indemnity, and commercial liability insurance; operation interruption insurance; vessel crew, hull and machinery, and catch and fishing gear/tackle insurance; vessel cargo, transport cargo, and purse seine insurance; baggage, sickness and accidents on travelling, and cancelation insurance; and insurance products for employees and leaders. The company is based in Reykjavík, Iceland. Sjóvá-Almennar tryggingar hf. was founded in 1918 and is a subsidiary of SF1 slhf.

Sjóvá-Almennar tryggingar Dividend Announcement

• Sjóvá-Almennar tryggingar announced a annually dividend of kr2.12 per ordinary share which will be made payable on . Ex dividend date: 2024-03-08
• Sjóvá-Almennar tryggingar annual dividend for 2024 was kr2.12
• Sjóvá-Almennar tryggingar's trailing twelve-month (TTM) dividend yield is 5.1%
• Sjóvá-Almennar tryggingar's payout ratio for the trailing twelve months (TTM) is 60.59%

Sjóvá-Almennar tryggingar Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-08kr2.12annually
2020-03-13kr1.44annually2021-03-30
2018-03-16kr1.05annually2018-03-28
2016-03-14kr0.42annually
2015-03-27kr2.51annually

Sjóvá-Almennar tryggingar Dividend per year

Sjóvá-Almennar tryggingar Dividend Yield

Sjóvá-Almennar tryggingar current trailing twelve-month (TTM) dividend yield is 5.1%. Interested in purchasing Sjóvá-Almennar tryggingar stock? Use our calculator to estimate your expected dividend yield:

Sjóvá-Almennar tryggingar Financial Ratios

P/E ratio11.89
PEG ratio1.07
P/B ratio2.31
ROE18.69%
Payout ratio60.59%
Current ratio3.42
Quick ratio3.42
Cash Ratio1.71

Sjóvá-Almennar tryggingar Dividend FAQ

Does Sjóvá-Almennar tryggingar stock pay dividends?
Sjóvá-Almennar tryggingar does not currently pay dividends to its shareholders.
Has Sjóvá-Almennar tryggingar ever paid a dividend?
No, Sjóvá-Almennar tryggingar has no a history of paying dividends to its shareholders. Sjóvá-Almennar tryggingar is not known for its dividend payments.
Why doesn't Sjóvá-Almennar tryggingar pay dividends?
There are several potential reasons why Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar a dividend aristocrat?
Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar a dividend king?
Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar a dividend stock?
No, Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar stocks?
To buy Sjóvá-Almennar tryggingar 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 Sjóvá-Almennar tryggingar 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.