SAS AB (publ) (SAS-DKK.CO) Dividends
Market Cap: $88.28M
Avg Volume: 14.16M
Industry: Airlines, Airports & Air Services
Sector: Industrials
Dividend Overview
SAS AB (publ) (SAS-DKK.CO) pays a quarterly dividend to its shareholders. The current dividend yield is 17.01%, which means that for every $100 invested at the current price, investors would receive approximately $17.01 in dividends per year (this can change based on future dividend payments and price movements).
About SAS-DKK.CO's Dividend
SAS AB (publ) pays a quarterly dividend of $0.80 per share, which totals $3.19 annually. This means that for each share you own, you'll receive $3.19 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was May 11, 2017. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
SAS-DKK.CO Dividend History
| Dividend | Adjusted Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|---|
| $0.5185011764626979 | $0.1403027058802179 | 17.01% | May 11, 2017 | |||
| $0.5185011764626979 | $0.1403027058802179 | 18.22% | February 13, 2017 | |||
| $0.5185011764626979 | $0.1403027058802179 | 14.82% | November 10, 2016 | |||
| $0.5185011764626979 | $0.1403027058802179 | 7.05% | August 11, 2016 | |||
| $0.5185011764626979 | $0.1403027058802179 | 2.88% | May 11, 2016 | |||
| $0.5933999999909699 | $0.160567058821086 | 3.58% | February 11, 2016 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for SAS-DKK.CO
- Dividend & Capex Coverage Ratio: 0.61x Weak coverage
- Dividend Frequency: Quarterly
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 0.61x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates SAS AB (publ) may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
SAS AB (publ)'s quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.