The Scandinavian airline SAS is currently facing significant financial difficulties, as evidenced by its market capitalization of only 15.3 million euros and a share price of 0.0015 euros.
In the past year, the company's share value has dropped by 95.32%, highlighting the ongoing challenges it is experiencing.
Despite these financial struggles, SAS has announced plans to distribute a dividend of EUR 40.00 per share for the 2024 financial year, resulting in an extraordinary dividend yield of 2,666,666.67%.
However, this dividend policy has raised concerns among investors due to the company's precarious financial state and low share price, leading to calls for careful scrutiny.
Recent analyses have emphasized the need for action among SAS shareholders, as doubts arise regarding the feasibility of investing in the airline at this time.
Investors are advised to carefully consider whether to buy or sell their shares in light of these latest developments.