XANO Industri AB (publ), through its subsidiaries, manufactures and sells industrial products and automation equipment. The company operates through Industrial Products, Industrial Solutions, and Precision Technology segments. It offers standard injection-molded plastic components, including slide stops and glides for furniture, hand wheels, adjustable feet, levers, handles, and various pipe stoppers, as well as customized solutions; boats and components for vehicles and infrastructure, as well as industrial tanks and buoyancy elements; and technical blow molded plastic components for vehicles, construction machinery, and infrastructure equipment. The company also develops and manufactures components and systems using rotational molding technology and recyclable plastic materials; designs, manufactures, and sells automation equipment for handling metal cans and lids; provides accumulator units and conveyor systems for the packaging industry; and offers customer-specific solutions for use in the food handling, medical technology, environment, and energy sectors, as well as supplies and integrates equipment and packaging solutions. In addition, it provides gears and transmission products; non-destructive testing, laser marking, and laser curing services; and components from metallic materials. Further, the company offers precision components and transmission parts, such as toothed gears, splines, racks, fixtures, prototypes, tools, measuring devices, components for the automotive and defense industries, hydraulic components, spare parts, and other components; and long hole drilling, turning, milling, honing, straightening, grinding, heat treatment, and chrome plating services, as well as components for medical equipment and analysis. It has operations in the Nordic region, Estonia, the Netherlands, Poland, China, and the United States. XANO Industri AB (publ) was founded in 1937 and is headquartered in Jönköping, Sweden.
XANO Industri Dividend Announcement
• XANO Industri announced a semi annually dividend of kr0.50 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-11
• XANO Industri annual dividend for 2024 was kr1.00
• XANO Industri annual dividend for 2023 was kr1.75
• XANO Industri's trailing twelve-month (TTM) dividend yield is 1.87%
• XANO Industri's payout ratio for the trailing twelve months (TTM) is 129.06%
XANO Industri Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-11 | kr0.50 | semi annually | 2024-11-15 |
2024-05-17 | kr0.50 | semi annually | 2024-05-23 |
2023-11-13 | kr0.75 | semi annually | 2023-11-17 |
2023-05-12 | kr1.00 | semi annually | 2023-05-19 |
2022-05-13 | kr3.50 | semi annually | 2022-05-19 |
2021-06-04 | kr2.50 | semi annually | 2021-06-10 |
2019-05-10 | kr4.00 | semi annually | 2019-05-16 |
2018-05-09 | kr4.00 | semi annually | 2018-05-16 |
2017-05-11 | kr4.50 | semi annually | 2017-05-17 |
2016-05-13 | kr1.00 | semi annually | |
2015-05-06 | kr1.00 | semi annually | |
2014-05-09 | kr4.00 | semi annually | |
2013-05-07 | kr3.50 | semi annually | |
2012-05-11 | kr1.00 | semi annually |
XANO Industri Dividend per year
XANO Industri Dividend growth
XANO Industri Dividend Yield
XANO Industri current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing XANO Industri stock? Use our calculator to estimate your expected dividend yield:
XANO Industri Financial Ratios
XANO Industri Dividend FAQ
Other factors to consider when evaluating XANO Industri 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: XANO Industri'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, XANO Industri 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, XANO Industri 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 XANO Industri 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: XANO Industri 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, XANO Industri distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: XANO Industri 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 XANO Industri'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 XANO Industri'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.