In this section of the page, you will find all the information you need to understand how Sofina (SOF) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Sofina dividend
Change(%)
-10.80%
Decrease
Next payment 2.89€
Next payment date May 15, 2024
Last payment 3.24€
Last payment date May 16, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/10/24
Estimated

Sofina will distribute 2,89 euros per share in the form of a dividend on May 15, 2024.

The May 10, 2024 is the ex-dividend date. So if you wish to receive Sofina dividends, you must buy one day before this date.

Sofina distributed 3.24 euros per share in the form of a dividend on May 16, 2023.

Sofina, listed on the Brussels Stock Exchange, BATS EU and Vienna, using the stock exchange designation SOF, has a track record of more than twenty years of paying dividends to its shareholders on a constant and uninterrupted basis, starting to fulfill the commitment in 2000 and continuing to do so until today.

The value of the amount granted has shown a slight gradual and consecutive increase, being delivered in a single installment per year, generally settled in the middle of May, obtaining a yield of approximately 1%.

Payout Ratio Sofina Dividends

Sofina paid 396% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Sofina's earnings (-477,788,992.00€) are not sufficient to cover the dividend payment. The dividend payment is equal to or greater than the total net profit of SOF.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Sofina

This is the Dividend Calendar of Sofina in 2023.

Event Day
Last trading date May 9, 2024
Ex-Dividend (Ex-Date) May 10, 2024
Record date May 14, 2024
Date of payment May 15, 2024
Dividends schedule Sofina
Data pending official confirmation from the company Sofina (SOF).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Sofina

Over the past 5 years, Sofina has steadily increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Sofina vs. the sector

Sofina's dividend yield (1.62%) is below the sector average (5.01%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Sofina's dividend yield is below the top 75% (1.70%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Sofina

In the last 5 years, Sofina's annual dividend amount has not fallen more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Sofina

In this table you can see the dividend history of Sofina:

YearEx-DividendAmountTotal
2023
05/12/2023
3.24 €
3.24 €
2022
05/13/2022
3.128571 €
3.128571 €
2021
05/14/2021
3.01 €
3.01 €
2020
05/14/2020
2.9 €
2.9 €
2019
05/09/2019
2.785714 €
2.785714 €
2018
05/10/2018
2.67 €
2.67 €
2017
05/09/2017
2.56 €
2.56 €
2016
05/11/2016
2.452055 €
2.452055 €
2015
05/14/2015
2.28 €
2.28 €
2014
05/08/2014
2.173333 €
2.173333 €
2013
05/08/2013
2.0666 €
2.0666 €
2012
05/07/2012
1.96 €
1.96 €
2011
04/27/2011
1.853333 €
1.853333 €
2010
05/07/2010
04/16/2010
1.74667 €
1.746667 €
3.493337 €
2009
05/08/2009
1.64 €
1.64 €
2008
05/09/2008
1.533333 €
1.533333 €
2007
05/09/2007
1.42666 €
1.42666 €
2006
05/09/2006
1.3333 €
1.3333 €
2005
05/11/2005
1.25333 €
1.25333 €
2004
05/11/2004
0.89 €
0.89 €
2003
05/06/2003
1.13333 €
1.13333 €
2002
05/06/2002
1.09333 €
1.09333 €
2001
05/07/2001
1.04 €
1.04 €
2000
06/27/2000
0.98666 €
0.98666 €
Dividend history of Sofina

Sofina dividend capture strategy

Step 1: Buy Sofina shares (SOF) one day before ex-dividend date
Date of purchase May 9, 2024
Next ex-dividend date May 10, 2024
Step 2: Sell Sofina shares (SOF) when the price recovers.
Date of sale (estimated) May 15, 2024
Average price recovery 5 days
Average return on cost 1.30%
The dividend capture strategy is based on historical Sofina data. Past performance is no guarantee of future results.

Information about Sofina

Full name Sofina Société Anonyme
Ticker SOF
Sector Financial Services
Industry Asset Management
Market Capitalization 6.83B €
ISIN N/A
Number of Employees 79
Address Rue de lIndustrie 31, Brussels, 1040, Belgium
Phone 32 2 551 06 11
Website https://www.sofinagroup.com
Description of the company

Sofina, Société Financière de Transports et d'Entreprises Industrielles, is a Brussels-based holding company dedicated to making investments in selected sectors, mainly focused on Consumer Goods and Retail, Digital Transformation, Education, Healthcare and Life Sciences, has offices in Brussels, Luxembourg and Singapore, with 79 employees in total, registering in 2022 a market capitalization of €6.5 billion.

It was founded in 1898 as an engineering, energy and transportation conglomerate in Belgium, arriving in Luxembourg in 1938, becoming an investment company in a five-year process from 1965 to 1970, eight years later it made its first investments in the United States.

From 2005, they began investing in India and China, in 2011 they implemented a move to gain greater international exposure and created the SofinaBoël fund dedicated to education and talent, in 2012 they invested in e-commerce, launching the Sofina Covid solidarity fund in 2020.

It currently has investments in Belgium, the United Kingdom, the Netherlands and the United States, covering private companies, offering them support in their growth, liquidity, financing in acquisitions, support in sales processes, with clients such as Danone, Richemont, Delhaize, SES S.A., Colruyt, Suez S.A. and Eurazeo.

Frequently asked questions about Sofina dividends

Sofina pays dividends on a Annual basis.

Sofina is listed on the Bolsa de Bruselas and is part of the BEL20.

Sofina has the Ticker or stock code SOF.

Sofina belongs to the Financial Services sector and the Asset Management industry.

The CEO of Sofina in 2023 is Mr. Harold Y. H. Boel.

At this moment, the value of a Sofina share is 202.60€.

Sofina has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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