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SKF AB (SKF AB) 5-Year Dividend Growth Rate : 7.20% (As of Mar. 2024)


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What is SKF AB 5-Year Dividend Growth Rate?

SKF AB's Dividends per Share for the three months ended in Mar. 2024 was $0.73.

During the past 12 months, SKF AB's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SKF AB was 44.20% per year. The lowest was -27.50% per year. And the median was 16.30% per year.

SKF AB's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.83. As of today, SKF AB's Dividend Yield % is 3.44%.

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


Competitive Comparison of SKF AB's 5-Year Dividend Growth Rate

For the Tools & Accessories subindustry, SKF AB's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


SKF AB's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF AB's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SKF AB's 5-Year Dividend Growth Rate falls into.



SKF AB 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


SKF AB  (OTCPK:SKFRY) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

SKF AB's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.728/ 0.399
=1.82

During the past 13 years, the highest Dividend Payout Ratio of SKF AB was 0.67. The lowest was 0.33. And the median was 0.50.

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

SKF AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7080002024-03-272024-03-282024-04-15Cash DividendannuallyUSD:USD 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.

SKF AB's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.708/20.62
=3.43 %

Current Share Price is $20.62.
SKF AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.708.

During the past 13 years, the highest Dividend Yield of SKF AB was 6.80%. The lowest was 1.17%. And the median was 3.33%.

* 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.


SKF AB 5-Year Dividend Growth Rate Related Terms

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SKF AB (SKF AB) Business Description

Address
Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.