Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the construction and civil engineering projects, as well as constructs commercial buildings. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.
Veidekke Dividend Announcement
• Veidekke announced a annually dividend of kr7.90 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-08
• Veidekke annual dividend for 2024 was kr7.90
• Veidekke annual dividend for 2023 was kr7.75
• Veidekke's trailing twelve-month (TTM) dividend yield is 5.63%
• Veidekke's payout ratio for the trailing twelve months (TTM) is 81.62%
• Veidekke's dividend growth over the last five years (2018-2023) was 9.16% year
• Veidekke's dividend growth over the last ten years (2013-2023) was 11.98% year
Veidekke Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-08 | kr7.90 | annually | 2024-05-22 |
2023-05-11 | kr7.75 | annually | 2023-05-24 |
2022-05-12 | kr7.00 | annually | 2022-05-25 |
2021-05-06 | kr5.75 | annually | 2021-05-19 |
2020-12-04 | kr22.50 | annually | 2020-12-15 |
2020-05-07 | kr5.00 | annually | |
2019-05-09 | kr5.00 | annually | 2019-05-21 |
2018-05-03 | kr5.00 | annually | 2018-05-16 |
2017-05-11 | kr4.50 | annually | 2017-05-24 |
2016-05-11 | kr4.00 | annually | 2016-05-24 |
2015-05-06 | kr3.50 | annually | 2015-05-19 |
2014-05-08 | kr3.00 | annually | 2014-05-19 |
2013-05-07 | kr2.50 | annually | 2013-05-23 |
Veidekke Dividend per year
Veidekke Dividend growth
Veidekke Dividend Yield
Veidekke current trailing twelve-month (TTM) dividend yield is 5.63%. Interested in purchasing Veidekke stock? Use our calculator to estimate your expected dividend yield:
Veidekke Financial Ratios
Veidekke Dividend FAQ
Other factors to consider when evaluating Veidekke 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: Veidekke'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, Veidekke 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, Veidekke 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 Veidekke 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: Veidekke 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, Veidekke distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Veidekke 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 Veidekke'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 Veidekke'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.