SP Group A/S, together with its subsidiaries, engages in the manufacture and supply of moulded plastic and composite components primarily in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa. The company develops and produces fluoroplastic coatings, and PTFE and other refined materials principally for the healthcare, cleantech, and food-related industries. It also manufactures solid, foamed, flexible, and light-foam polyurethane products for the cleantech industry, as well as produces ventilation equipment, ergonomic mats, and striping products. In addition, the company offers thermo-formed plastic components for refrigerators, freezers, cars, buses, and other rolling stock, cleantech, and medical device industries, etc. Further, it provides injection-moulded plastic precision components for various industries; packaging for FDA-registered products for customers in the medical device industry; rotational-moulded precision components manufacturing services for range of industries; fenders and buoys to the maritime industry; blow-moulded plastic precision components manufacturing services for medical device industry; and composite solutions for various raw materials. Additionally, the company performs coatings on plastic and metal components, and operates 3D print and machining solutions. SP Group A/S was incorporated in 1962 and is headquartered in Søndersø, Denmark.
SP Dividend Announcement
• SP announced a annually dividend of kr3.00 per ordinary share which will be made payable on . Ex dividend date: 2024-04-29
• SP annual dividend for 2024 was kr3.00
• SP annual dividend for 2023 was kr3.00
• SP's trailing twelve-month (TTM) dividend yield is 0.97%
• SP's payout ratio for the trailing twelve months (TTM) is 17.16%
SP Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | kr3.00 | annually | |
2023-05-01 | kr3.00 | annually | 2023-05-02 |
2022-04-28 | kr3.00 | annually | 2022-05-02 |
2021-04-28 | kr5.00 | annually | 2021-05-03 |
2019-04-30 | kr2.40 | annually | 2019-05-02 |
2018-04-30 | kr10.00 | annually | 2018-05-02 |
2017-04-28 | kr6.00 | annually | 2017-05-02 |
2016-04-29 | kr4.00 | annually | |
2015-04-29 | kr3.50 | annually | |
2014-05-01 | kr3.00 | annually | |
2013-04-22 | kr2.50 | annually | |
2012-04-30 | kr2.00 | annually |
SP Dividend per year
SP Dividend growth
SP Dividend Yield
SP current trailing twelve-month (TTM) dividend yield is 0.97%. Interested in purchasing SP stock? Use our calculator to estimate your expected dividend yield:
SP Financial Ratios
SP Dividend FAQ
Other factors to consider when evaluating SP 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: SP'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, SP 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, SP 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 SP 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: SP 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, SP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SP 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 SP'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 SP'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.