Sandvik Dividend
Dividend criteria checks 4/6
Sandvik is a dividend paying company with a current yield of 2.43% that is well covered by earnings.
Key information
2.4%
Dividend yield
54%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | 01 May 24 |
Dividend per share | n/a |
Earnings per share | US$10.15 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SDVK.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SDVK.Y'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 (SDVK.Y) | 2.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Machinery) | 1.6% |
Analyst forecast in 3 Years (SDVK.Y) | 3.2% |
Notable Dividend: SDVK.Y's dividend (2.43%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: SDVK.Y's dividend (2.43%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.2%), SDVK.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), SDVK.Y's dividend payments are covered by cash flows.