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thyssenkrupp AG operates in the areas of automotive technology, industrial components, marine systems, steel, and materials services in Germany, the United States, China, and internationally. The company's Automotive Technology segment develops and manufactures components and systems, as well as automation solutions for the automotive industry. Its Industrial Components segment manufactures and sells forged components and system solutions for the resource, construction, and mobility sectors; and slewing rings, antifriction bearings, and seamless rolled rings for the wind energy and construction machinery sectors. The company's Multi Tracks segment builds plants for the chemical, cement, and mining industries. Its Marine Systems segment provides systems in the submarine and surface vessel construction, as well as in the field of maritime electronics and security technology. The company's Materials Services segment distributes materials and offers technical services for the production and manufacturing sectors. Its Steel Europe segment provides flat carbon steel products, intelligent material solutions, and finished parts. thyssenkrupp AG was founded in 1811 and is headquartered in Essen, Germany.

thyssenkrupp Dividend Announcement

• thyssenkrupp announced a annually dividend of $0.18 per ordinary share which will be made payable on 2024-02-14. Ex dividend date: 2024-02-05
• thyssenkrupp annual dividend for 2024 was $0.18
• thyssenkrupp annual dividend for 2023 was $0.16
• thyssenkrupp's trailing twelve-month (TTM) dividend yield is 4.59%
• thyssenkrupp's payout ratio for the trailing twelve months (TTM) is -3.79%

thyssenkrupp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-02-05$0.18annually2024-02-14
2023-02-06$0.16annually2023-02-15

thyssenkrupp Dividend per year

thyssenkrupp Dividend Yield

thyssenkrupp current trailing twelve-month (TTM) dividend yield is 4.59%. Interested in purchasing thyssenkrupp stock? Use our calculator to estimate your expected dividend yield:

thyssenkrupp Financial Ratios

P/E ratio-0.85
PEG ratio0.14
P/B ratio0.19
ROE-22.16%
Payout ratio-3.79%
Current ratio1.85
Quick ratio1.16
Cash Ratio0.41

thyssenkrupp Dividend FAQ

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