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Teqnion AB (publ), a diversified industrial company, operates in the industry, growth, and niche business areas. The company markets and sells instruments and consumables for clinical laboratories and research laboratories. It also offers folding electric wheelchairs for county councils and end users; surge protection/lightning protection, uninterruptible power supply, and potential equalization material products; fasteners, hydraulic components, fittings, gaskets, seals, ball bearings, lifting products, and transmission items for workshops and industrial customers; and lamps and home furnishing products. In addition, the company produces customer-specific building components; builds houses; supplies electromechanical and electronic components for various applications; light sources and luminaires; and specializes in contract manufacturing business. Further, it engages in the refrigerator renovation and rental of refrigerators and bar counters for various events; and chip-cutting metalworking and printing operations. Additionally, the company supplies current and metering transformers; repairs and maintains marine and industrial gas turbines; and markets and sells stainless steel products to professional kitchens. The company also develops, manufactures, sells, and distributes equipment for military exercise firing in the form of various types of indication systems for presentation of firing data; repair and dismantling of vehicles; tailor-made and turnkey solutions for protective vehicles; and supplies weighing scales. Teqnion AB (publ) was incorporated in 2006 and is based in Solna, Sweden.

Teqnion Dividend Announcement

• Teqnion announced a annually dividend of kr0.50 per ordinary share which will be made payable on 2022-05-12. Ex dividend date: 2022-05-06
• Teqnion's trailing twelve-month (TTM) dividend yield is -%

Teqnion Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-05-06kr0.50annually2022-05-12

Teqnion Dividend per year

Teqnion Dividend Yield

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

Teqnion Financial Ratios

P/E ratio28.36
PEG ratio-1.02
P/B ratio3.95
ROE14.75%
Payout ratio0.00%
Current ratio2.12
Quick ratio1.34
Cash Ratio0.51

Teqnion Dividend FAQ

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