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Sleep Cycle AB (publ) provides sleep tracking applications in Sweden. The company develops sleep and health-related tracking devices. It offers Sleep Cycle, an autonomous sleep tracking tool that tracks and analyzes sleep patterns. The company was incorporated in 2001 and is headquartered in Gothenburg, Sweden.

Sleep Cycle Dividend Announcement

Sleep Cycle announced a annually dividend of kr1.00 per ordinary share which will be made payable on 2024-04-18. Ex dividend date: 2024-04-12
Sleep Cycle annual dividend for 2024 was kr1.00
Sleep Cycle annual dividend for 2023 was kr1.00
Sleep Cycle's trailing twelve-month (TTM) dividend yield is 2.3%
Sleep Cycle's payout ratio for the trailing twelve months (TTM) is 84.34%

Sleep Cycle Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-12kr1.00annually2024-04-18
2023-05-09kr1.00annually2023-05-15

Sleep Cycle Dividend per year

Sleep Cycle Dividend Yield

Sleep Cycle current trailing twelve-month (TTM) dividend yield is 2.3%. Interested in purchasing Sleep Cycle stock? Use our calculator to estimate your expected dividend yield:

Sleep Cycle Financial Ratios

P/E ratio15.91
PEG ratio0.42
P/B ratio14.21
ROE91.94%
Payout ratio84.34%
Current ratio1.33
Quick ratio1.33
Cash Ratio0.85

Sleep Cycle Dividend FAQ

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