As of today (2024-04-27), the Trailing Annual Dividend Yield of Medistim ASA is 2.63%.
Good Sign:
Medistim ASA stock dividend yield is close to 5-year high.
The historical rank and industry rank for Medistim ASA's Dividend Yield % or its related term are showing as below:
OSTO:MEDIO'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.8 Med: 2.2 Max: 5.56
Current: 2.63
During the past 13 years, the highest Dividend Yield of Medistim ASA was 5.56%. The lowest was 0.80%. And the median was 2.20%.
OSTO:MEDIO's Dividend Yield % is ranked better than 66.56% of 311
companies
in the Medical Devices & Instruments industry
Industry Median: 1.9
vs OSTO:MEDIO: 2.63
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Medistim ASA is 0.79, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Medistim ASA was 0.79. The lowest was 0.46. And the median was 0.62.
During the past 12 months, Medistim ASA's average Dividends Per Share Growth Rate was 20.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 17.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 17.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Medistim ASA was 30.50% per year. The lowest was 2.20% per year. And the median was 15.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Medistim ASA Dividend Yield % Historical Data
The historical data trend for Medistim ASA'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.
Competitive Comparison of Medistim ASA's Dividend Yield %
For the Medical Devices subindustry, Medistim ASA'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.
Medistim ASA's Dividend Yield % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medistim ASA's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Medistim ASA's Dividend Yield % falls into.
Medistim ASA Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Medistim ASA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NOK 4.500
2024-04-25
2024-04-26
2024-05-06
Cash Dividend
annually
NOK:NOK 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.
Medistim ASA's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
4.5
/
171.00
=
2.63 %
Current Share Price is kr171.00. Medistim ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr4.5.
Medistim ASA's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
4.5
/
171.00
=
2.63 %
Current Share Price is kr171.00. Medistim ASA's Dividends per Share for the forward twelve months is calculated as kr4.5 * 1 = kr4.5.
* 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.
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.
Thank you for viewing the detailed overview of Medistim ASA's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing and sales of medical equipment through its own business or through participation in other companies, as well related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, Asia and the Rest of the World. The firm's activity is split into three strategic operating units, Lease of equipment; Lease of equipment and Distribution and sales of third-party products.
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