Garo Aktiebolag Dividends and Buybacks
Dividend criteria checks 2/6
Garo Aktiebolag is a dividend paying company with a current yield of 2.45% that is well covered by earnings. Last payment was on 20th November, 2023 with an ex-dividend date of 14th November, 2023.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 10.2% |
| Next dividend pay date | 20 Nov 23 |
| Ex dividend date | 14 Nov 23 |
| Dividend per share | n/a |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GAROS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GAROS's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Garo Aktiebolag Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GAROS) | 2.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Electrical) | 2.4% |
| Analyst forecast (GAROS) (up to 3 years) | 5.9% |
Notable Dividend: GAROS's dividend (2.45%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: GAROS's dividend (2.45%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.1%), GAROS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GAROS is paying a dividend but the company has no free cash flows.