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Axfood AB (Axfood AB) Forward Dividend Yield % : 3.36% (As of Apr. 26, 2024)


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What is Axfood AB Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Axfood AB is 3.36%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Axfood AB is 3.15%.

AXFOF's Forward Dividend Yield % is ranked better than
53.14% of 207 companies
in the Retail - Defensive industry
Industry Median: 2.8 vs AXFOF: 3.36

Axfood AB's Dividends per Share for the three months ended in Mar. 2024 was $0.41.

During the past 12 months, Axfood AB's average Dividends Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Axfood AB was 37.50% per year. The lowest was -5.90% per year. And the median was 12.30% 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 Axfood AB's Forward Dividend Yield %

For the Grocery Stores subindustry, Axfood 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.


Axfood AB's Forward Dividend Yield % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Forward Dividend Yield % distribution charts can be found below:

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



Axfood AB Forward Dividend Yield % Calculation

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

Axfood AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 4.2502024-03-212024-03-222024-03-27Cash Dividendsemi-annuallySEK:USD 0.093729
SEK 4.0002023-09-212023-09-222023-09-27Cash Dividendsemi-annuallySEK:USD 0.091577

* 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.7966965/24.27
=3.28 %

Current Share Price is $24.27.
Axfood AB's Dividends per Share for the forward twelve months is calculated as $0.39834825 * 2 = $0.7966965.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.76465625/24.27
=3.15 %

Current Share Price is $24.27.
Axfood AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.76465625.

* 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.


Axfood AB  (OTCPK:AXFOF) 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.


Axfood AB Forward Dividend Yield % Related Terms

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Axfood AB (Axfood AB) Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Axfood AB (Axfood AB) Headlines

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