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Elekta AB (OSTO:EKTA B) Forward Dividend Yield % : 2.79% (As of May. 27, 2024)


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What is Elekta AB Forward Dividend Yield %?

As of today (2024-05-27), the Forward Annual Dividend Yield of Elekta AB is 2.79%.

As of today (2024-05-27), the Trailing Annual Dividend Yield of Elekta AB is 2.79%.

OSTO:EKTA B's Forward Dividend Yield % is ranked better than
64.61% of 308 companies
in the Medical Devices & Instruments industry
Industry Median: 1.945 vs OSTO:EKTA B: 2.79

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

During the past 12 months, Elekta AB's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Elekta AB was 53.30% per year. The lowest was -30.70% per year. And the median was 16.30% 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 Elekta AB's Forward Dividend Yield %

For the Medical Instruments & Supplies subindustry, Elekta 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.


Elekta AB's Forward Dividend Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's Forward Dividend Yield % distribution charts can be found below:

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



Elekta AB Forward Dividend Yield % Calculation

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

Elekta AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 1.2000002024-02-262024-02-272024-03-01Cash Dividendsemi-annuallySEK:SEK 1.000000
SEK 1.2000002023-08-252023-08-282023-08-31Cash Dividendsemi-annuallySEK: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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.4/86.05
=2.79 %

Current Share Price is kr86.05.
Elekta AB's Dividends per Share for the forward twelve months is calculated as kr1.2 * 2 = kr2.4.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.4/86.05
=2.79 %

Current Share Price is kr86.05.
Elekta AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr2.4.

* 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.


Elekta AB  (OSTO:EKTA 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.


Elekta AB Forward Dividend Yield % Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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