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Concentric AB (OSTO:COIC) Dividend Yield % : 2.05% (As of May. 16, 2024)


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What is Concentric AB Dividend Yield %?

As of today (2024-05-16), the Trailing Annual Dividend Yield of Concentric AB is 2.05%.

The historical rank and industry rank for Concentric AB's Dividend Yield % or its related term are showing as below:

OSTO:COIC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.18   Med: 2.11   Max: 6.28
Current: 2.05

During the past 13 years, the highest Dividend Yield of Concentric AB was 6.28%. The lowest was 1.18%. And the median was 2.11%.

OSTO:COIC's Dividend Yield % is ranked better than
57.38% of 1856 companies
in the Industrial Products industry
Industry Median: 1.735 vs OSTO:COIC: 2.05

Concentric AB's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Concentric AB was 0.57. The lowest was 0.27. And the median was 0.34.

As of today (2024-05-16), the Forward Dividend Yield % of Concentric AB is 2.05%.

Concentric AB's Dividends per Share for the three months ended in Mar. 2024 was kr0.00.

During the past 12 months, Concentric AB's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Concentric AB was 23.60% per year. The lowest was -4.10% per year. And the median was 8.65% per year.

The growth rate is calculated with least square regression.

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


Concentric AB Dividend Yield % Historical Data

The historical data trend for Concentric AB's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Concentric AB Dividend Yield % Chart

Concentric AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 1.77 1.25 1.92 2.23

Concentric AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.77 1.95 2.44 2.23 2.09

Competitive Comparison of Concentric AB's Dividend Yield %

For the Specialty Industrial Machinery subindustry, Concentric AB's Dividend Yield %, along with its competitors' market caps and 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.


Concentric AB's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's Dividend Yield % distribution charts can be found below:

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



Concentric AB Dividend Yield % Calculation

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

Concentric AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 4.2500002024-04-192024-04-222024-04-25Cash DividendannuallySEK: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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.25/212.00
=2.00 %

Current Share Price is kr212.00.
Concentric AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr4.25.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.25/212.00
=2.00 %

Current Share Price is kr212.00.
Concentric AB's Dividends per Share for the forward twelve months is calculated as kr4.25 * 1 = kr4.25.

* 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.


Concentric AB  (OSTO:COIC) 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.


Concentric AB Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Concentric AB's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Concentric AB (OSTO:COIC) Business Description

Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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