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VBG Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various industrial products in Germany, rest of the Nordic countries and Europe, Australia, New Zealand, and internationally. It operates through three segments: Truck & Trailer Equipment, Mobile Climate Control, and Ringfeder Power Transmission. The company's Truck & Trailer Equipment segment supplies trailer coupling equipment under VBG and Ringfeder brands; and automatic snow chains under Onspot brand name, as well as sliding roofs for canopy trailers and tipping vehicles, and sliding roof arches for railway carriages under Edscha Trailer Systems and Sesam brands. Its Mobile Climate Control segment supplies climate control systems, including heating, ventilation and air conditioning, control systems, and various associated components. This segment's customers include bus manufactures, infrastructure construction vehicles, agriculture, forestry, mines, and material handling sectors, as well as commercial vehicles, including garbage trucks, ambulances and fire trucks, and defense vehicles for troop transport. The company's Ringfeder Power Transmission segment offers products for mechanical power transmission, and energy and shock absorption for mines, metal and energy production, medical technology, pumps, food, industrial automation, and customer sectors under the Ringfeder and Henfel brands. VBG Group AB (publ) was founded in 1951 and is headquartered in Trollhättan, Sweden.

VBG Dividend Announcement

• VBG announced a annually dividend of kr7.00 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-03
• VBG annual dividend for 2024 was kr7.00
• VBG annual dividend for 2023 was kr5.50
• VBG's trailing twelve-month (TTM) dividend yield is 2.21%
• VBG's payout ratio for the trailing twelve months (TTM) is 28.96%

VBG Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-03kr7.00annually2024-05-10
2023-04-28kr5.50annually2021-05-06
2017-04-28kr1.75annually2017-05-05

VBG Dividend per year

VBG Dividend Yield

VBG current trailing twelve-month (TTM) dividend yield is 2.21%. Interested in purchasing VBG stock? Use our calculator to estimate your expected dividend yield:

VBG Financial Ratios

P/E ratio13.08
PEG ratio-0.26
P/B ratio2.00
ROE15.62%
Payout ratio28.96%
Current ratio3.89
Quick ratio2.54
Cash Ratio1.19

VBG Dividend FAQ

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