AB Traction Dividend
Dividend criteria checks 4/6
AB Traction is a dividend paying company with a current yield of 4.02% that is well covered by earnings.
Key information
4.0%
Dividend yield
83%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | SEK 12.64 |
Dividend yield forecast in 3Y | 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 |
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Segment | Dividend Yield |
---|---|
Company (TRAC B) | 4.0% |
Market Bottom 25% (SE) | 1.4% |
Market Top 25% (SE) | 4.3% |
Industry Average (Capital Markets) | 1.7% |
Analyst forecast in 3 Years (TRAC B) | n/a |
Notable Dividend: TRAC B's dividend (4.02%) is higher than the bottom 25% of dividend payers in the Swedish market (1.43%).
High Dividend: TRAC B's dividend (4.02%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.6%), TRAC B's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.9%), TRAC B's dividend payments are covered by cash flows.