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MEKO AB (LTS:0HDJ) Forward Dividend Yield % : 3.19% (As of May. 06, 2024)


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What is MEKO AB Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of MEKO AB is 3.19%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of MEKO AB is 2.84%.

LTS:0HDJ's Forward Dividend Yield % is ranked better than
65.79% of 798 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs LTS:0HDJ: 3.19

MEKO AB's Dividends per Share for the three months ended in Dec. 2023 was kr2.20.

During the past 12 months, MEKO AB's average Dividends Per Share Growth Rate was 10.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MEKO AB was 10.10% per year. The lowest was -4.40% per year. And the median was 2.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MEKO AB's Forward Dividend Yield %

For the Auto Parts subindustry, MEKO AB's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MEKO AB's Forward Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MEKO AB's Forward Dividend Yield % falls into.



MEKO AB Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MEKO AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 2.2000002023-11-222023-11-232023-11-28Cash Dividendsemi-annuallySEK:SEK 1.000000
SEK 1.1000002023-05-242023-05-252023-05-30Cash Dividendsemi-annuallySEK:SEK 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

MEKO AB's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.4/116.00
=3.79 %

Current Share Price is kr116.00.
MEKO AB's Dividends per Share for the forward twelve months is calculated as kr2.2 * 2 = kr4.4.

MEKO AB's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.3/116.00
=2.84 %

Current Share Price is kr116.00.
MEKO AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr3.3.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MEKO AB  (LTS:0HDJ) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MEKO AB Forward Dividend Yield % Related Terms

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MEKO AB (LTS:0HDJ) Business Description

Traded in Other Exchanges
Address
Solnavagen 4, 11th Floor, Box 19542, Stockholm, SWE, SE-104 32
Meko AB functions in the car aftermarket, operating car service chains, and wholesale operations. It offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. Affiliated workshops operate under the company's brands: BilXtra, MECA Car Service, Mekonomen Bilverstad, MekoPartner, and Speedy, among others.

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