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Strax AB (publ) designs, develops, manufactures, and sells mobile accessories worldwide. It offers a range of protection, power, and audio and connectivity products. The company provides its products under proprietary brands, such as Urbanista, Clckr, Richmond & Finch, Planet Buddies, Thor Glass, xqisit, AVO+, grell, and Dottir, as well as under licensed brands comprising adidas, Bugatti, Diesel, Superdry, Y-3, and WeSC. It also offers personal protection equipment, such as face masks, gloves, and sanitizers, as well as value-added services, such as packaging and logistics services. The company provides its products through telecom operators, mass merchants, and consumer electronics and lifestyle retailers, as well as directly through online. Strax AB (publ) was founded in 1995 and is headquartered in Stockholm, Sweden.

Strax Dividend Announcement

• Strax announced a annually dividend of kr1.10 per ordinary share which will be made payable on . Ex dividend date: 2019-01-07
• Strax's trailing twelve-month (TTM) dividend yield is -%

Strax Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-01-07kr1.10annually
2006-04-26kr2.00annually
2005-04-27kr1.00annually

Strax Dividend per year

Strax Dividend Yield

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

Strax Financial Ratios

P/E ratio-0.03
PEG ratio0.01
P/B ratio-0.03
ROE96.52%
Payout ratio0.00%
Current ratio0.03
Quick ratio0.02
Cash Ratio0.00

Strax Dividend FAQ

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