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Volvo Car AB (publ.) designs, develops, manufactures, markets, assembles, and sells passenger cars in Europe, China, the United States, and internationally. The company offers sedans and SUV vehicles under the Volvo brand; and electric cars under the Volvo and Polestar brands. It also provides vehicle parts and accessories, as well as sells online. The company was founded in 1927 and is headquartered in Gothenburg, Sweden. Volvo Car AB (publ.) is a subsidiary of Geely Sweden Holdings AB.

Volvo Car Dividend Announcement

Volvo Car announced a semi annually dividend of $0.39 per ordinary share which will be made payable on . Ex dividend date: 2024-05-17
Volvo Car annual dividend for 2024 was $0.78
Volvo Car's trailing twelve-month (TTM) dividend yield is 1.59%

Volvo Car Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-17$0.39semi annually
2024-05-03$0.39semi annually2024-05-13

Volvo Car Dividend per year

Volvo Car Dividend Yield

Volvo Car current trailing twelve-month (TTM) dividend yield is 1.59%. Interested in purchasing Volvo Car stock? Use our calculator to estimate your expected dividend yield:

Volvo Car Financial Ratios

P/E ratio11.53
PEG ratio0.01
P/B ratio1.06
ROE9.62%
Payout ratio0.00%
Current ratio0.96
Quick ratio0.50
Cash Ratio0.25

Volvo Car Dividend FAQ

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