Table of Contents

company-logo

Tesmec S.p.A. designs, produces, and markets products and solutions for the construction, maintenance, and streamlining of infrastructures relating to the transmission of electrical power, data, and material transport in Italy, rest of Europe, the Middle East, Africa, North and Central America, and BRIC and other countries. It operates through Energy, Trencher, and Rail segments. The company offers stringing solutions, such as digital stringing machines, continuous linear puller, full electric machines, tower erection, OPGW installation and safety on crossing, essential machines, reels, ropes, and joints, drum elevators, and reel winders, stringing blocks, pivoting array blocks and head boards, bicycles and trolleys, aluminum structures, overhead tools and accessories, and underground machines, drum elevators and trailers, accessories. It also provides energy automation products comprising protection and control systems; remote control devices; service telecommunications, such as teleprotection and powerline carrier for high voltage grids, and line traps and line matching units for PLC; and smart metering tools. In addition, the company offers rocksaw, chainsaw, and bucket wheel trenchers; surface miners; detection and mapping solutions; mechanical laying solutions; and trenchers with integrated vacuum systems. Further, it provides catenary installation solutions, catenary and track maintenance vehicles, diagnostic solutions and systems, snow removal solutions, and wiring units for railway. Tesmec S.p.A. was founded in 1951 and is headquartered in Grassobbio, Italy.

Tesmec Dividend Announcement

• Tesmec announced a annually dividend of €0.01 per ordinary share which will be made payable on . Ex dividend date: 2016-05-23
• Tesmec's trailing twelve-month (TTM) dividend yield is -%

Tesmec Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-23€0.01annually
2015-05-25€0.01annually
2014-05-26€0.01annually
2013-05-20€0.02annually
2012-05-21€0.02annually
2011-05-23€0.01annually

Tesmec Dividend per year

Tesmec Dividend growth

Tesmec Dividend Yield

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

Tesmec Financial Ratios

P/E ratio-17.47
PEG ratio-2.80
P/B ratio0.63
ROE-3.51%
Payout ratio0.00%
Current ratio1.21
Quick ratio0.59
Cash Ratio0.08

Tesmec Dividend FAQ

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