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Sandvik AB (Sandvik AB) Dividend Yield %

: 2.24% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Sandvik AB is 2.24%.

Warning Sign:

Sandvik AB stock dividend yield is close to 2-year low.

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

SDVKY' s Dividend Yield % Range Over the Past 10 Years
Min: 1.68   Med: 2.44   Max: 5.51
Current: 2.24

During the past 13 years, the highest Dividend Yield of Sandvik AB was 5.51%. The lowest was 1.68%. And the median was 2.44%.

SDVKY's Dividend Yield % is ranked better than
57.97% of 1851 companies
in the Industrial Products industry
Industry Median: 1.86 vs SDVKY: 2.24

Sandvik AB's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Sandvik AB was 1.22. The lowest was 0.33. And the median was 0.44.

As of today (2024-04-16), the Forward Dividend Yield % of Sandvik AB is 2.40%.

Sandvik AB's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Sandvik AB's average Dividends Per Share Growth Rate was 5.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sandvik AB was 51.80% per year. The lowest was -32.50% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

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


Sandvik AB Dividend Yield % Historical Data

The historical data trend for Sandvik 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.

Sandvik AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 - 2.75 2.62 2.26

Sandvik AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 2.62 2.27 2.51 2.67 2.26

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Sandvik 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.


Sandvik AB Dividend Yield % Distribution

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

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



Sandvik AB Dividend Yield % Calculation

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

Sandvik AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4892023-05-012023-05-022023-05-15Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.489/21.74
=2.25 %

Current Share Price is $21.74.
Sandvik AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.489.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.489/21.74
=2.25 %

Current Share Price is $21.74.
Sandvik AB's Dividends per Share for the forward twelve months is calculated as $0.489 * 1 = $0.489.

* 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.


Sandvik AB  (OTCPK:SDVKY) 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.


Sandvik AB Dividend Yield % Related Terms

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


Sandvik AB (Sandvik AB) Business Description

Address
Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.