Saab Dividend
Dividend criteria checks 2/6
Saab is a dividend paying company with a current yield of 0.74% that is well covered by earnings. Next payment date is on 11th October, 2024 with an ex-dividend date of 7th October, 2024.
Key information
0.7%
Dividend yield
23%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | 11 Oct 24 |
| Ex dividend date | 07 Oct 24 |
| Dividend per share | €1.600 |
| Earnings per share | €6.83 |
| Dividend yield forecast | 1.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SDV1's dividend payments have been volatile in the past 10 years.
Growing Dividend: SDV1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Saab Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SDV1) | 0.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Aerospace & Defense) | 1.0% |
| Analyst forecast (SDV1) (up to 3 years) | 1.5% |
Notable Dividend: SDV1's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: SDV1's dividend (0.74%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), SDV1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SDV1 is paying a dividend but the company has no free cash flows.