VOLAF (Volvo AB) 3-Year Dividend Growth Rate: 7.20% (As of Jun. 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VOLAF Volvo AB VOLAF
90 GF Score
Price $36.66
GF Value $25.50
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Volvo AB 3-Year Dividend Growth Rate?

Volvo AB VOLAF +7.35% 90 3-Year Dividend Growth Rate is 7.20% as of Jun. 2026, which is 35% below its 10-year median of 11.15. GuruFocus rates VOLAF with a GF Score™ of 90/100 and a GF Value™ of $25.50 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 100 Farm & Heavy Construction Machinery companies, Volvo AB ranks worse than 62% on this metric.

Volvo AB's Dividends per Share for the three months ended in Jun. 2026 was $0.89.

The historical rank and industry rank for Volvo AB's 3-Year Dividend Growth Rate or its related term are showing as below:

VOLAF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -23.1   Med: 11.15   Max: 46.2
Current: 7.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Volvo AB was 46.20% per year. The lowest was -23.10% per year. And the median was 11.15% per year.

VOLAF's 3-Year Dividend Growth Rate is ranked worse than
62% of 100 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.5 vs VOLAF: 7.20

During the past 12 months, Volvo AB's average Dividends Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Volvo AB's Dividend Payout Ratio for the three months ended in Jun. 2026 was 1.67. As of today, Volvo AB's Dividend Yield % is 2.53%.

Warning Sign:

Volvo AB stock Dividend Yield % is close to 1-year low.

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


Volvo AB  (OTCPK:VOLAF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Volvo AB's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.893/ 0.535
=1.67

During the past 13 years, the highest Dividend Payout Ratio of Volvo AB was 0.48. The lowest was 0.24. And the median was 0.34.

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

Volvo AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 8.5000002026-04-092026-04-102026-04-15Cash DividendannuallySEK:USD 0.107932

* 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.

Volvo AB's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.917422/36.66
=2.50 %

Current Share Price is $36.66.
Volvo AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.917422.

During the past 13 years, the highest Dividend Yield of Volvo AB was 4.91%. The lowest was 1.92%. And the median was 2.93%.

Warning Sign:

Volvo AB stock Dividend Yield % is close to 1-year low.

* 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.


Volvo AB 3-Year Dividend Growth Rate Related Terms>


VOLAF vs CAT, DE, PCAR: 3-Year Dividend Growth Rate Comparison

For the Farm & Heavy Construction Machinery subindustry, Volvo AB's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Volvo AB 3-Year Dividend Growth Rate vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Volvo AB's 3-Year Dividend Growth Rate falls into.


VOLAF
90GF Score
Volvo AB VOLAF
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Volvo AB 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 7.20% mean?
Volvo AB (VOLAF) has a 3-Year Dividend Growth Rate of 7.20% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Volvo AB and its competitors. This is 35% below median its historical median of 11.15. According to the industry distribution chart, Volvo AB ranks #62 out of 100 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 62%.
Is Volvo AB's 3-Year Dividend Growth Rate too high?
Volvo AB's current 3-Year Dividend Growth Rate of 7.20% is 35% below median its 10-year median of 11.15. The Farm & Heavy Construction Machinery industry median 3-Year Dividend Growth Rate is 10.50. Volvo AB's value of 7.20% is 31.4% below this industry median. Based on the distribution chart, Volvo AB ranks #62 out of 100 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Volvo AB has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Volvo AB's 3-Year Dividend Growth Rate compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Volvo AB ranks #62 out of 100 companies for 3-Year Dividend Growth Rate. This places Volvo AB in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 10.50. Volvo AB's value of 7.20% is 31.4% below this benchmark. While the company's 10-year median is 11.15 vs. the industry median of 10.50, Volvo AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Farm & Heavy Construction Machinery company?
The median 3-Year Dividend Growth Rate among Farm & Heavy Construction Machinery companies is 10.50, based on 100 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Volvo AB's current 3-Year Dividend Growth Rate of 7.20% is 31.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Volvo AB and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year Dividend Growth Rate is 10.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volvo AB's current 3-Year Dividend Growth Rate is 7.20%, which is 35% below median its own 10-year median of 11.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volvo AB stock overvalued right now?
Based on GuruFocus' analysis, Volvo AB (VOLAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.50, compared to a current price of $36.66 — trading 43.8% above its estimated fair value. The current 3-Year Dividend Growth Rate is 7.20%, which is 35% below median its 10-year median of 11.15 and 31.4% below the Farm & Heavy Construction Machinery industry median of 10.50. Volvo AB's overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Volvo AB (VOLAF), the current 3-Year Dividend Growth Rate is 7.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Volvo AB (VOLAF) Overvalued in 2026?

Based on GuruFocus' analysis, Volvo AB stock appears to be overvalued. The current stock price of $36.66 is trading 43.8% above its estimated GF Value™ of $25.50. GuruFocus considers Volvo AB to be Significantly Overvalued.

Key valuation signals for VOLAF:

  • 3-Year Dividend Growth Rate: 7.20% (35% below median its 10-year median of 11.15)
  • GF Value™: $25.50 vs. price of $36.66 (43.8% above fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 31.4% below the Farm & Heavy Construction Machinery median (#62 of 100)

No single metric tells the full story. See the VOLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Volvo AB Business Description

Address Gropegardsgatan 2, Gothenburg, SWE, SE-417 15
The Volvo Group is one of the largest global truck, bus, construction equipment, and engine and power system original equipment manufacturers, operating with the Volvo, Renault Truck, Mack Trucks, Volvo Penta, and Nova Bus brands. Among the four largest Western global brands—Volvo, Daimler, Paccar, and Traton—Volvo ranks third in terms of annual deliveries. Its truck, construction equipment, bus, and engines and power system segments contributed 71%, 18%, 5%, and 5%, respectively, to industrial operations' revenue in 2025. An in-house financial services division supports these businesses. In its key regions of Europe, North America, Brazil, and Australia, the truck business holds large market shares of 29%, 17%, 24%, and 22%, respectively.
90GF Score

Get the complete analysis for VOLAF

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.66
Price
$25.50
GF Value