If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kesko Oyj is 0.84, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Kesko Oyj was 1.71. The lowest was 0.52. And the median was 0.91.
Kesko Oyj's Dividends per Share for the
three
months ended in Dec. 2023 was $0.29.
During the past 12 months, Kesko Oyj's average Dividends Per Share Growth Rate was 1.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 19.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 16.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kesko Oyj was 27.70% per year. The lowest was -15.70% per year. And the median was 8.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Kesko Oyj Dividend Yield % Historical Data
The historical data trend for Kesko Oyj'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 Kesko Oyj's Dividend Yield %
For the Grocery Stores subindustry, Kesko Oyj'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.
Kesko Oyj's Dividend Yield % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kesko Oyj's Dividend Yield % falls into.
Kesko Oyj Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kesko Oyj Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 0.260
2024-03-27
2024-03-28
2024-04-09
Cash Dividend
quarterly
EUR:USD 1.086957
EUR 0.270
2023-12-11
2023-12-12
2023-12-19
Cash Dividend
quarterly
EUR:USD 1.090513
EUR 0.270
2023-09-11
2023-09-12
2023-09-19
Cash Dividend
quarterly
EUR:USD 1.067236
EUR 0.270
2023-06-20
2023-06-21
2023-06-28
Cash Dividend
quarterly
EUR:USD 1.083424
* 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.
Kesko Oyj's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.15772553
/
18.915
=
6.12 %
Current Share Price is $18.915.
Kesko Oyj's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.15772553.
Kesko Oyj's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.13043528
/
18.915
=
5.98 %
Current Share Price is $18.915.
Kesko Oyj's Dividends per Share for the forward twelve months is calculated as $0.28260882 * 4 = $1.13043528.
* 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 Kesko Oyj's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.
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