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Elekta AB (CHIX:EKTABS) 5-Year Dividend Growth Rate : 13.60% (As of Oct. 2024)


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What is Elekta AB 5-Year Dividend Growth Rate?

Elekta AB's Dividends per Share for the three months ended in Oct. 2024 was kr1.20.

During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.00% 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.

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 21.15% per year.

Elekta AB's Dividend Payout Ratio for the three months ended in Oct. 2024 was 1.91. As of today, Elekta AB's Dividend Yield % is 3.43%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Elekta AB is 0.80, which seems too high.

Good Sign:

Elekta AB stock dividend yield is close to 10-year high.

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


Competitive Comparison of Elekta AB's 5-Year Dividend Growth Rate

For the Medical Devices subindustry, Elekta AB's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Elekta AB's 5-Year Dividend Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Elekta AB's 5-Year Dividend Growth Rate falls into.



Elekta AB 5-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 least square regression.

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.


Elekta AB  (CHIX:EKTABs) 5-Year Dividend Growth Rate Explanation

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

Elekta AB's Dividend Payout Ratio for the quarter that ended in Oct. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2024 )/ EPS without NRI (Q: Oct. 2024 )
=1.2/ 0.63
=1.90

During the past 13 years, the highest Dividend Payout Ratio of Elekta AB was 1.03. The lowest was 0.27. And the median was 0.54.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Elekta AB is 0.80, which seems too high.

2. 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 1.2000002024-09-062024-09-092024-09-12Cash Dividendsemi-annuallySEK:SEK 1.000000
SEK 1.2000002024-02-262024-02-272024-03-01Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.4/69.875
=3.43 %

Current Share Price is kr69.875.
Elekta AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr2.4.

During the past 13 years, the highest Dividend Yield of Elekta AB was 3.97%. The lowest was 0.27%. And the median was 1.38%.

Good Sign:

Elekta AB stock dividend yield is close to 10-year high.

* 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 5-Year Dividend Growth Rate Related Terms

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Elekta AB 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 has an installed base of more than 7,000 linear accelerators, Gamma Knife and Unity platforms, as well as brachytherapy installations. 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 the Asia-Pacific contributing the remainder.

Elekta AB Headlines

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