YIT Oyj provides construction services for industrial and public sectors, and residential customers primarily in Finland, Sweden, Norway, Russia, the Czech Republic, Slovakia, Poland, Baltic countries, and internationally. The company operates through five segments: Housing Finland and CEE, Housing Russia, Business Premises, Infrastructure, and Partnership Properties. It develops and builds apartments and residential areas, as well as provides real estate property management, maintenance, and living services; develops wind power plants; and constructs office, commercial, business, logistics and industrial, and public buildings, such as hospitals, schools, and multi-purpose buildings. The company also undertakes pipe renovation works for housing companies; builds roads, bridges, railway and metro stations, and ports and parking facilities, as well as energy, water supply, and industrial plants; maintains roads, streets, and green areas; and offers tunnel quarrying, mining, and reinforcement services. In addition, it provides property development services. The company was founded in 1912 and is headquartered in Helsinki, Finland.
YIT Dividend Announcement
• YIT announced a semi annually dividend of €0.09 per ordinary share which will be made payable on 2023-10-11. Ex dividend date: 2023-10-02
• YIT annual dividend for 2023 was €0.18
• YIT's trailing twelve-month (TTM) dividend yield is -%
• YIT's payout ratio for the trailing twelve months (TTM) is -33.93%
• YIT's dividend growth over the last five years (2018-2023) was -6.36% year
• YIT's dividend growth over the last ten years (2013-2023) was -13.30% year
YIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-10-02 | €0.09 | semi annually | 2023-10-11 |
2023-03-20 | €0.09 | semi annually | 2023-04-05 |
2022-10-03 | €0.08 | semi annually | 2022-10-12 |
2022-03-21 | €0.08 | semi annually | 2022-04-07 |
2021-09-30 | €0.07 | semi annually | 2021-10-12 |
2021-03-19 | €0.07 | semi annually | 2021-04-07 |
2020-09-21 | €0.12 | semi annually | 2020-10-06 |
2020-03-13 | €0.14 | semi annually | 2020-04-07 |
2019-03-13 | €0.27 | semi annually | 2019-04-16 |
2018-03-19 | €0.25 | semi annually | 2018-04-12 |
2017-03-17 | €0.22 | semi annually | 2017-04-04 |
2016-03-16 | €0.22 | semi annually | |
2015-03-19 | €0.18 | semi annually | |
2014-03-19 | €0.38 | semi annually | |
2013-03-18 | €0.75 | semi annually | |
2012-03-14 | €0.70 | semi annually |
YIT Dividend per year
YIT Dividend growth
YIT Dividend Yield
YIT current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing YIT stock? Use our calculator to estimate your expected dividend yield:
YIT Financial Ratios
YIT Dividend FAQ
Other factors to consider when evaluating YIT 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: YIT'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, YIT 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, YIT 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 YIT 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: YIT 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, YIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: YIT 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 YIT'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 YIT'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.