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Smartoptics Group AS provides optical networking solutions and devices in Norway. Its products include open line systems comprising flexible open line systems, and passive optical networking multiplexers and OADM; layer 1 transport, such as transponders; optical transceivers; and certified FC transceivers. The company also provides technical support, extended warranty, advance product replacement, care, network design, and staging and installation support services. Its solutions are used in metro and regional network applications. The company serves enterprises, governments, cloud providers, Internet exchanges, and cable and telecom operators. It operates through its sales force; and business partners, including distributors, OEMs, and VARs. The company was founded in 1990 and is headquartered in Oslo, Norway. Smartoptics Group AS operates as a subsidiary of Smarter Holding AS.

Smartoptics Dividend Announcement

• Smartoptics announced a annually dividend of kr0.50 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-10
• Smartoptics annual dividend for 2024 was kr0.50
• Smartoptics annual dividend for 2023 was kr0.50
• Smartoptics's trailing twelve-month (TTM) dividend yield is 2.75%
• Smartoptics's payout ratio for the trailing twelve months (TTM) is 157.68%

Smartoptics Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-10kr0.50annually2024-05-22
2023-05-12kr0.50annually2023-05-25

Smartoptics Dividend per year

Smartoptics Dividend Yield

Smartoptics current trailing twelve-month (TTM) dividend yield is 2.75%. Interested in purchasing Smartoptics stock? Use our calculator to estimate your expected dividend yield:

Smartoptics Financial Ratios

P/E ratio50.24
PEG ratio4.67
P/B ratio5.81
ROE11.14%
Payout ratio157.68%
Current ratio2.86
Quick ratio1.81
Cash Ratio0.65

Smartoptics Dividend FAQ

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