Sandvik Dividend
Dividend criteria checks 4/6
Sandvik is a dividend paying company with a current yield of 2.42% that is well covered by earnings. Next payment date is on 7th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
2.4%
Dividend yield
54%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | 07 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | €10.15 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SVKB's dividend payments have been volatile in the past 10 years.
Growing Dividend: SVKB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sandvik Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SVKB) | 2.4% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Machinery) | 3.3% |
Analyst forecast in 3 Years (SVKB) | 3.2% |
Notable Dividend: SVKB's dividend (2.42%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: SVKB's dividend (2.42%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.2%), SVKB's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), SVKB's dividend payments are covered by cash flows.