Provide IT Sweden Dividends and Buybacks
Dividend criteria checks 2/6
Provide IT Sweden is a dividend paying company with a current yield of 33.33%.
Key information
33.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | SEK 0.740 |
| Payout ratio | 616% |
Recent dividend and buyback updates
Recent updates
Provide IT Sweden (NGM:PROVIT) Ticks All The Boxes When It Comes To Earnings Growth
Apr 15
A Look At The Intrinsic Value Of Provide IT Sweden AB (publ) (NGM:PROVIT)
Jun 17Should You Be Adding Provide IT Sweden (NGM:PROVIT) To Your Watchlist Today?
Oct 27Provide IT Sweden AB (publ)'s (NGM:PROVIT) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 26Why Provide IT Sweden's (NGM:PROVIT) CEO Pay Matters
Jan 22
Provide IT Sweden AB (publ)'s (NGM:PROVIT) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Nov 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PROVIT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PROVIT's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Provide IT Sweden Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PROVIT) | 33.3% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.9% |
| Industry Average (IT) | 2.3% |
| Analyst forecast (PROVIT) (up to 3 years) | n/a |
Notable Dividend: PROVIT's dividend (33.33%) is higher than the bottom 25% of dividend payers in the Swedish market (1.57%).
High Dividend: PROVIT's dividend (33.33%) is in the top 25% of dividend payers in the Swedish market (4.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (615.7%), PROVIT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PROVIT's cash payout ratio to determine if its dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/29 15:05 |
| End of Day Share Price | 2024/01/31 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Provide IT Sweden AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|