Vincit Oyj provides service design and software development services in Finland. Its service design and software development services include e-commerce and web application, product experience management, cloud platforms, mobile applications, IoT solutions and embedded, medical and well-being, and agile solutions. It also provides digital platform and lifecycle services, such as monitoring and maintenance, application lifecycle management and development, cloud capacity and DevOps, and integration platform solutions, as well as security, architecture, and code audits solutions. The company was formerly known as Vincit Group Oyj and changed its name to Vincit Oyj in May 2018. Vincit Oyj was incorporated in 2007 and is based in Tampere, Finland.
Vincit Dividend Announcement
• Vincit announced a annually dividend of €0.10 per ordinary share which will be made payable on . Ex dividend date: 2024-03-21
• Vincit annual dividend for 2024 was €0.10
• Vincit annual dividend for 2023 was €0.15
• Vincit's trailing twelve-month (TTM) dividend yield is 5.21%
• Vincit's payout ratio for the trailing twelve months (TTM) is -33.69%
Vincit Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-21 | €0.10 | annually | |
2023-04-27 | €0.15 | annually | 2023-05-08 |
2022-03-24 | €0.20 | annually | 2022-04-01 |
2021-03-24 | €0.18 | annually | 2021-04-01 |
2020-10-30 | €0.07 | annually | 2020-11-11 |
2017-04-27 | €0.12 | annually | 2017-05-09 |
Vincit Dividend per year
Vincit Dividend growth
Vincit Dividend Yield
Vincit current trailing twelve-month (TTM) dividend yield is 5.21%. Interested in purchasing Vincit stock? Use our calculator to estimate your expected dividend yield:
Vincit Financial Ratios
Vincit Dividend FAQ
Other factors to consider when evaluating Vincit 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: Vincit'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, Vincit 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, Vincit 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 Vincit 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: Vincit 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, Vincit distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vincit 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 Vincit'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 Vincit'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.