Published on 30 Jul 2020 on Simply Wall St. via Yahoo Finance
Epiroc AB (publ) (STO:EPI A) Passed Our Checks, And It's About To Pay A kr1.20 Dividend
Epiroc AB (publ) (STO:EPI A) is about to trade ex-dividend in the next 3 days. You will need to purchase shares before the 13th of May to receive the dividend, which will be paid on the 19th of May.
Epiroc's next dividend payment will be kr1.20 per share. Last year, in total, the company distributed kr2.40 to shareholders. Calculating the last year's worth of payments shows that Epiroc has a trailing yield of 2.4% on the current share price of SEK98.6. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing.