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DevPort AB (OSTO:DEVP B) Forward Dividend Yield % : 3.61% (As of Jun. 22, 2024)


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What is DevPort AB Forward Dividend Yield %?

As of today (2024-06-22), the Forward Annual Dividend Yield of DevPort AB is 3.61%.

As of today (2024-06-22), the Trailing Annual Dividend Yield of DevPort AB is 3.61%.

OSTO:DEVP B's Forward Dividend Yield % is ranked better than
74.76% of 955 companies
in the Software industry
Industry Median: 2.03 vs OSTO:DEVP B: 3.61

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

During the past 12 months, DevPort AB's average Dividends Per Share Growth Rate was 33.30% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of DevPort AB's Forward Dividend Yield %

For the Software - Application subindustry, DevPort AB's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


DevPort AB's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, DevPort AB's Forward Dividend Yield % distribution charts can be found below:

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



DevPort AB Forward Dividend Yield % Calculation

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

DevPort AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 1.2500002024-05-162024-05-172024-05-22Cash 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.25/34.60
=3.61 %

Current Share Price is kr34.60.
DevPort AB's Dividends per Share for the forward twelve months is calculated as kr1.25 * 1 = kr1.25.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.25/34.60
=3.61 %

Current Share Price is kr34.60.
DevPort AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr1.25.

* 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.


DevPort AB  (OSTO:DEVP B) Forward 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.


DevPort AB Forward Dividend Yield % Related Terms

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


DevPort AB (OSTO:DEVP B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Theres Svenssons gata 10, Gothenburg, SWE, 417 55
DevPort AB is a Sweden based software development company. The company develops systems, mechanics, software and electronics for the industry sector and other customers with similar needs like automotive, medical and defense area.

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