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Tele2 AB (Tele2 AB) 3-Year Dividend Growth Rate

: 7.30% (As of Mar. 2024)
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Tele2 AB's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

The historical rank and industry rank for Tele2 AB's 3-Year Dividend Growth Rate or its related term are showing as below:

TLTZY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.8   Med: 14.5   Max: 36.1
Current: 7.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tele2 AB was 36.10% per year. The lowest was -9.80% per year. And the median was 14.50% per year.

TLTZY's 3-Year Dividend Growth Rate is ranked better than
56.21% of 153 companies
in the Telecommunication Services industry
Industry Median: 6.3 vs TLTZY: 7.30

During the past 12 months, Tele2 AB's average Dividends Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% 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.

Tele2 AB's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Tele2 AB's Dividend Yield % is 6.79%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tele2 AB is 1.27, which seems too high.

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


Competitive Comparison

For the Telecom Services subindustry, Tele2 AB's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-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.


Tele2 AB 3-Year Dividend Growth Rate Distribution

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tele2 AB's 3-Year Dividend Growth Rate falls into.



Tele2 AB 3-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 expontential compound based on the latest four year annual data.

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.


Tele2 AB  (OTCPK:TLTZY) 3-Year Dividend Growth Rate Explanation

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

Tele2 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/ 0.066
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Tele2 AB was 1.61. The lowest was 0.53. And the median was 1.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tele2 AB is 1.27, which seems too high.

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

Tele2 AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1552023-10-062023-10-102023-10-30Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.1602023-05-162023-05-172023-06-07Cash Dividendsemi-annuallyUSD: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.

Tele2 AB's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.315/4.63
=6.80 %

Current Share Price is $4.63.
Tele2 AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.315.

During the past 13 years, the highest Dividend Yield of Tele2 AB was 9.97%. The lowest was 1.48%. And the median was 5.14%.

* 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.


Tele2 AB 3-Year Dividend Growth Rate Related Terms>


Tele2 AB (Tele2 AB) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.