Is the Tokmanni Group Oyj Dividend Safe?
Tokmanni Group Oyj has been increasing the dividend for 5 years.
Over the past 10 years, Tokmanni Group Oyj has increased it by an annual 0 %.
Over a five-year period, the distribution increased by 8.735%.
Analysts expect a Dividend Increase of 63.836% for the current fiscal year.
Tokmanni Group Oyj Aktienanalyse
What does Tokmanni Group Oyj do?
The Tokmanni Group Corp is a Finnish, publicly traded company and one of the largest retail chains in Finland. It was founded in 1989 and is headquartered in Mäntsälä, a city near Helsinki.
Tokmanni's business model is based on selling DIY items, toys, household goods, cosmetics and personal care products, tools, and other everyday items at particularly affordable prices. The corporation operates around 200 stores nationwide and has over 4,000 employees.
Tokmanni's business policy focuses on providing affordable and diverse products to meet the different needs and interests of customers. This principle has made the company a successful provider in a fiercely competitive market.
The various divisions of the company are oriented towards different customer needs. The main pillar is retail, which accounts for over 80% of total sales. Remote sales, including online and mail order, account for nearly 15%. Additionally, there are other business areas such as industry and wholesale, which together account for around 5% of sales.
Products offered by Tokmanni include garden items, tools and appliances, as well as toys and recreational equipment. Cosmetics, household and cleaning products, groceries, and pet supplies are also represented in the range. The company emphasizes quality and customer orientation.
In addition to selling products, Tokmanni also takes on social responsibility. The company has launched various initiatives to meet the needs of its employees and society. Tokmanni initiates various projects in the health, social, and environmental sectors.
Overall, Tokmanni has successfully established itself in the Finnish market over the years. The strategy of providing affordable offers even during economic recession has proven successful. In 2019, the company achieved sales of approximately 960 million euros.
In summary, Tokmanni Group Corp is a solid and successful company that focuses on affordable offers and a wide range of products. It is an important player in the Finnish retail sector, and its success story is reflected in the satisfaction of employees and customers. Tokmanni Group Oyj is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.