![company-logo](/_next/image?url=https%3A%2F%2Fwww.idividendstocks.com%2Fapi%2Fsymbol%2Fimage%2FSUR.DE.png&w=384&q=75)
Surteco Group SE develops, produces, and sells coated surface materials based on paper and plastic in Germany, rest of Europe, and North and South America. The company operates through Decoratives, Profiles, and Technicals segments. The Decoratives segment offers decor papers, finish foils, and edgebandings. Its Profiles segment provides floor strips, skirtings, wall edging systems, and technical extrusions for a range of industrial applications. The company's Technicals segment offers impregnated products, surface coatings, multi-layer hybrid foils, bandings, finish foils based on plastic, and technical plastic foils for other industrial sectors and for further processing to form carpets. It serves the wood-based, flooring, door and furniture, interior design, construction, trade floorlayers, and caravan industries, as well as carpenters and artisan businesses. Surteco Group SE is based in Buttenwiesen, Germany.
Surteco Dividend Announcement
• Surteco announced a annually dividend of €0.70 per ordinary share which will be made payable on 2023-06-12. Ex dividend date: 2023-06-08
• Surteco annual dividend for 2023 was €0.70
• Surteco's trailing twelve-month (TTM) dividend yield is -%
• Surteco's payout ratio for the trailing twelve months (TTM) is 123.69%
Surteco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-08 | €0.70 | annually | 2023-06-12 |
2022-06-08 | €1.00 | annually | 2022-06-10 |
2021-06-24 | €0.80 | annually | 2021-06-28 |
2019-06-28 | €0.55 | annually | 2019-07-02 |
2018-06-29 | €0.80 | annually | 2018-07-03 |
2017-06-30 | €0.80 | annually | 2017-07-04 |
2016-07-01 | €0.80 | annually | 2016-07-01 |
2015-06-29 | €0.70 | annually | 2015-06-29 |
2014-06-30 | €0.65 | annually | 2014-06-30 |
2013-07-01 | €0.45 | annually | 2013-07-01 |
2012-06-25 | €0.45 | annually | 2012-06-25 |
2011-06-20 | €0.90 | annually | 2011-06-20 |
Surteco Dividend per year
Surteco Dividend growth
Surteco Dividend Yield
Surteco current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Surteco stock? Use our calculator to estimate your expected dividend yield:
Surteco Financial Ratios
Surteco Dividend FAQ
Other factors to consider when evaluating Surteco 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.
Place an order: Use the brokerage's trading platform to place an order to buy Surteco 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.
1. Determination of Dividend: Surteco'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, Surteco 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, Surteco 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 Surteco 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: Surteco 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, Surteco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Surteco 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 Surteco'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 Surteco'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.