AB Traction Dividend
Dividend criteria checks 3/6
AB Traction is a dividend paying company with a current yield of 3.71% that is well covered by earnings.
Key information
3.7%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | SEK 10.450 |
| Earnings per share | SEK 28.99 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRAC B's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRAC B's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| AB Traction Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRAC B) | 3.7% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (Capital Markets) | 1.5% |
| Analyst forecast (TRAC B) (up to 3 years) | n/a |
Notable Dividend: TRAC B's dividend (3.71%) is higher than the bottom 25% of dividend payers in the Swedish market (1.51%).
High Dividend: TRAC B's dividend (3.71%) is low compared to the top 25% of dividend payers in the Swedish market (4.38%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), TRAC B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.1%), TRAC B's dividend payments are not well covered by cash flows.