Ponsse Oyj Dividend yield

What is the Dividend yield of Ponsse Oyj?

The Dividend yield of Ponsse Oyj is N/A

What is the definition of Dividend yield?



Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.

= ttm (trailing twelve months) dividend rate / previous day’s close

The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.

A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.

What does Ponsse Oyj do?

Ponsse Oyj, together with its subsidiaries, develops, manufactures, and sells cut-to-length forest machines Northern Europe, Central and Southern Europe, Russia and Asia, North and South America, and internationally. Its products include harvesters, forwarders, harvester heads, and dual machines. The company also offers information system products, such as harvester and forwarder systems; forest machine; and wood procurement systems; and simulators. In addition, it provides spare parts; and used machines. Ponsse Oyj was founded in 1970 and is headquartered in Vieremä, Finland.