Tura Group AB (XSAT:TURA) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is Tura Group AB Dividend Payout Ratio?

Tura Group AB's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tura Group AB is 1.88, which seems too high.

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

XSAT:TURA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.93 Max: 1.88
Current: 1.88

During the past 3 years, the highest Dividend Payout Ratio of Tura Group AB was 1.88. The lowest was 0.56. And the median was 0.93.

XSAT:TURA's Dividend Payout Ratio is ranked worse than
98.94% of 94 companies
in the Industrial Distribution industry
Industry Median: 0.35 vs XSAT:TURA: 1.88

As of today (2024-06-23), the Dividend Yield % of Tura Group AB is 3.14%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Tura Group AB was 13.04%. The lowest was 3.14%. And the median was 6.00%.

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

The growth rate is calculated with least square regression.

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

Tura Group AB Dividend Payout Ratio Historical Data

The historical data trend for Tura Group 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.

Tura Group AB Dividend Payout Ratio Chart

Tura Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.56

1.30

Tura Group AB Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial							-	3.75	-	-	-

Competitive Comparison of Tura Group AB's Dividend Payout Ratio

For the Industrial Distribution subindustry, Tura Group 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.

Tura Group AB's Dividend Payout Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Tura Group AB's Dividend Payout Ratio distribution charts can be found below:

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

Tura Group AB Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tura Group AB's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.3	/	0.23
	=	1.30

Tura Group AB's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	-0.06
	=	N/A

Tura Group AB (XSAT:TURA) Dividend Payout Ratio Explanation

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.

Tura Group AB Dividend Payout Ratio Related Terms

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

Tura Group AB (XSAT:TURA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Tura Group AB (XSAT:TURA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Energigatan 15B, KUNGSBACKA, SWE, 434 37

Website

https://www.turascandinavia.com

Tura Group AB operates as a Nordic distributor mainly in Denmark, Finland, Norway and Sweden. It offers retailers primarily accessories within the area consumer electronics, audio, video, mobile, computer, photo, gaming, tv. baby and home appliances and also have a major business volume within professional photo, video and graphics.

Tura Group AB (XSAT:TURA) Headlines

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