EKTAY (Elekta AB) Dividend Payout Ratio : 1.87 (As of Oct. 2024)

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What is Elekta AB Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Elekta AB's Dividend Payout Ratio for the months ended in Oct. 2024 was 1.87.

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.

The historical rank and industry rank for Elekta AB's Dividend Payout Ratio or its related term are showing as below:

EKTAY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.54 Max: 1.03
Current: 0.78

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.

EKTAY's Dividend Payout Ratio is ranked worse than
79.37% of 286 companies
in the Medical Devices & Instruments industry
Industry Median: 0.435 vs EKTAY: 0.78

As of today (2024-12-11), the Dividend Yield % of Elekta AB is 3.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Elekta AB was 4.03%. The lowest was 0.27%. And the median was 1.38%.

Elekta AB's Dividends per Share for the months ended in Oct. 2024 was $0.11.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Elekta AB Dividend Payout Ratio Historical Data

The historical data trend for Elekta AB's Dividend Payout Ratio 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.

Elekta AB Dividend Payout Ratio Chart

Elekta AB Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Dividend Payout Ratio

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0.63

0.54

0.72

0.96

0.70

Elekta AB Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.27	-	1.10	-	1.87

Competitive Comparison of Elekta AB's Dividend Payout Ratio

For the Medical Devices subindustry, Elekta AB's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Elekta AB's Dividend Payout Ratio falls into.

Elekta AB Dividend Payout Ratio Calculation

Elekta AB's Dividend Payout Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Apr. 2024 )	/	EPS without NRI (A: Apr. 2024 )
	=	0.22	/	0.315
	=	0.70

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 )
	=	0.112	/	0.06
	=	1.87

Elekta AB (OTCPK:EKTAY) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Elekta AB Dividend Payout Ratio Related Terms

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

Elekta AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Elekta AB (OTCPK:EKTAY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

EKTAF:USA EKTA B:Sweden EKTABs:UK 0O5H:UK EJXB:Germany

Address

Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93

Website

https://www.elekta.com

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.