Topdanmark A/S, together with its subsidiaries, offers life and non-life insurance products and services in Denmark. The company operates through Private and SME segments. It offers illness and accident, health, workers' compensation, motor, fire and property, liability, tourist assistance, and other insurance products, as well as life insurance and pension fund schemes to individual households, agricultural and SME businesses, and private customers under the Topdanmark brands. The company also provides IT, investments, and property services. Topdanmark A/S was founded in 1728 and is headquartered in Ballerup, Denmark.
Topdanmark Dividend Announcement
• Topdanmark announced a annually dividend of kr11.50 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-24
• Topdanmark annual dividend for 2024 was kr11.50
• Topdanmark annual dividend for 2023 was kr20.00
• Topdanmark's trailing twelve-month (TTM) dividend yield is 3.15%
• Topdanmark's payout ratio for the trailing twelve months (TTM) is 112.68%
• Topdanmark's dividend growth over the last five years (2018-2023) was 1.03% year
Topdanmark Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-24 | kr11.50 | annually | 2024-04-26 |
2023-04-27 | kr20.00 | annually | 2023-05-02 |
2022-03-25 | kr11.00 | annually | 2022-03-29 |
2021-03-26 | kr11.50 | annually | 2021-03-30 |
2020-04-03 | kr8.50 | annually | 2020-04-07 |
2019-04-04 | kr15.00 | annually | 2019-04-08 |
2018-04-13 | kr19.00 | annually | 2018-04-17 |
Topdanmark Dividend per year
Topdanmark Dividend growth
Topdanmark Dividend Yield
Topdanmark current trailing twelve-month (TTM) dividend yield is 3.15%. Interested in purchasing Topdanmark stock? Use our calculator to estimate your expected dividend yield:
Topdanmark Financial Ratios
Topdanmark Dividend FAQ
Other factors to consider when evaluating Topdanmark 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.
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1. Determination of Dividend: Topdanmark'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, Topdanmark 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, Topdanmark 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 Topdanmark 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: Topdanmark 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, Topdanmark distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Topdanmark 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 Topdanmark'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 Topdanmark'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.