Syensqo SA/NV operates as a specialty chemicals company. It operates in two divisions: Materials and Consumer and Resources. The Materials division consists of polymers and composites businesses primarily serving automotive, aerospace and defense, and electronics markets. The Consumer and Resources division provides specialty solutions to consumer-focused end-markets, such as agro, personal care, food, etc. The company is based in Brussels, Belgium.
Syensqo/NV Dividend Announcement
• Syensqo/NV announced a annually dividend of €1.13 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-29
• Syensqo/NV annual dividend for 2024 was €1.13
• Syensqo/NV's trailing twelve-month (TTM) dividend yield is 1.58%
• Syensqo/NV's payout ratio for the trailing twelve months (TTM) is 222.82%
Syensqo/NV Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | €1.13 | annually | 2024-05-31 |
Syensqo/NV Dividend per year
Syensqo/NV Dividend Yield
Syensqo/NV current trailing twelve-month (TTM) dividend yield is 1.58%. Interested in purchasing Syensqo/NV stock? Use our calculator to estimate your expected dividend yield:
Syensqo/NV Financial Ratios
Syensqo/NV Dividend FAQ
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.
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