AB Traction Dividend
Dividend criteria checks 3/6
AB Traction is a dividend paying company with a current yield of 3.47% that is well covered by earnings.
Key information
3.5%
Dividend yield
36%
Payout ratio
Industry average yield | 1.7% |
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 |
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Segment | Dividend Yield |
---|---|
Company (TRAC B) | 3.5% |
Market Bottom 25% (SE) | 1.5% |
Market Top 25% (SE) | 4.5% |
Industry Average (Capital Markets) | 1.7% |
Analyst forecast (TRAC B) (up to 3 years) | n/a |
Notable Dividend: TRAC B's dividend (3.47%) is higher than the bottom 25% of dividend payers in the Swedish market (1.52%).
High Dividend: TRAC B's dividend (3.47%) is low compared to the top 25% of dividend payers in the Swedish market (4.52%).
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.