Suominen Oyj manufactures and sells nonwovens as roll goods for wipes and other applications in Finland, the Americas, the rest of Europe, and internationally. It provides baby care, flushable, household, and workplace wipes. The company also offers nonwovens for hygiene, such as products for feminine hygiene and adult incontinence products, as well as baby diapers; personal care products; and medical products for wound care, surgical drape, patient cleaning, and cast padding applications. Suominen Oyj was founded in 1767 and is headquartered in Helsinki, Finland.
Suominen Dividend Announcement
• Suominen announced a annually dividend of €0.10 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2024-04-05
• Suominen annual dividend for 2024 was €0.10
• Suominen annual dividend for 2023 was €0.10
• Suominen's trailing twelve-month (TTM) dividend yield is 4.65%
• Suominen's payout ratio for the trailing twelve months (TTM) is -76.30%
Suominen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-05 | €0.10 | annually | 2024-04-15 |
2023-04-04 | €0.10 | annually | 2023-04-14 |
2022-03-25 | €0.20 | annually | 2022-04-07 |
2021-03-26 | €0.20 | annually | 2021-04-08 |
2020-03-20 | €0.05 | annually | 2020-04-03 |
2018-03-16 | €0.11 | annually | 2018-03-28 |
2017-03-16 | €0.11 | annually | 2017-03-24 |
2016-03-17 | €0.02 | annually | |
2015-03-20 | €0.01 | annually | |
2010-03-24 | €0.01 | annually | |
2007-03-30 | €0.04 | annually | |
2004-09-03 | €0.19 | annually | |
2004-03-16 | €0.20 | annually |
Suominen Dividend per year
Suominen Dividend growth
Suominen Dividend Yield
Suominen current trailing twelve-month (TTM) dividend yield is 4.65%. Interested in purchasing Suominen stock? Use our calculator to estimate your expected dividend yield:
Suominen Financial Ratios
Suominen Dividend FAQ
Other factors to consider when evaluating Suominen 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: Suominen'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, Suominen 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, Suominen 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 Suominen 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: Suominen 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, Suominen distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suominen 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 Suominen'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 Suominen'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.