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 | -3.2% |
| 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) | 4.5% |
| Industry Average (IT) | 2.2% |
| 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 08:34 |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
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.