Sandvik Dividends and Buybacks
Dividend criteria checks 4/6
Sandvik is a dividend paying company with a current yield of 2.31% 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
2.3%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | -9.2% |
| Next dividend pay date | 07 May 24 |
| Ex dividend date | 30 Apr 24 |
| Dividend per share | Mex$5.500 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SAND N's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAND N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sandvik Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SAND N) | 2.3% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Machinery) | 0% |
| Analyst forecast (SAND N) (up to 3 years) | 3.0% |
Notable Dividend: SAND N's dividend (2.31%) is higher than the bottom 25% of dividend payers in the MX market (2.26%).
High Dividend: SAND N's dividend (2.31%) is low compared to the top 25% of dividend payers in the MX market (6.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), SAND N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.3%), SAND N's dividend payments are covered by cash flows.