Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grids; hair and beauty salons; and welfare sectors. It also provides software for preschools; real estate agents; education sector; golf courses; liability insurance companies; building and facility management; private and municipal waste and resource processing; media companies; and insurance companies. Vitec Software Group AB (publ) was incorporated in 1985 and is headquartered in Umeå, Sweden.
Vitec Software Dividend Announcement
• Vitec Software announced a quarterly dividend of kr0.75 per ordinary share which will be made payable on 2025-03-31. Ex dividend date: 2025-03-25
• Vitec Software's trailing twelve-month (TTM) dividend yield is 0.87%
• Vitec Software's payout ratio for the trailing twelve months (TTM) is 25.63%
Vitec Software Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-25 | kr0.75 | quarterly | 2025-03-31 |
2024-12-19 | kr0.75 | quarterly | 2024-12-30 |
2024-09-24 | kr0.75 | quarterly | 2024-09-30 |
2024-06-24 | kr0.75 | quarterly | 2024-06-28 |
2024-03-22 | kr0.57 | quarterly | |
2023-12-21 | kr0.57 | quarterly | 2023-12-29 |
2023-09-25 | kr0.57 | quarterly | 2023-09-29 |
2023-06-26 | kr0.57 | quarterly | 2023-06-30 |
2022-12-23 | kr0.50 | quarterly | 2022-12-30 |
2022-09-26 | kr0.50 | quarterly | 2022-09-30 |
2022-06-23 | kr0.50 | quarterly | 2022-06-30 |
2021-12-23 | kr0.41 | quarterly | 2021-12-30 |
2021-09-24 | kr0.41 | quarterly | 2021-09-30 |
2021-06-23 | kr0.41 | quarterly | 2021-06-30 |
2020-12-22 | kr0.34 | quarterly | 2020-12-30 |
2017-04-26 | kr1.00 | quarterly | 2017-05-03 |
2016-05-12 | kr0.90 | quarterly | |
2015-05-07 | kr16.75 | quarterly | |
2014-05-07 | kr13.75 | quarterly |
Vitec Software Dividend per year
Vitec Software Dividend growth
Vitec Software Dividend Yield
Vitec Software current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Vitec Software stock? Use our calculator to estimate your expected dividend yield:
Vitec Software Financial Ratios
Vitec Software Dividend FAQ
Other factors to consider when evaluating Vitec Software 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: Vitec Software'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, Vitec Software 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, Vitec Software 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 Vitec Software 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: Vitec Software 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, Vitec Software distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vitec Software 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 Vitec Software'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 Vitec Software'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.