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SSAB AB (CHIX:SSABAS) Dividend Yield % : 10.04% (As of Dec. 14, 2024)


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What is SSAB AB Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of SSAB AB is 10.04%.

The historical rank and industry rank for SSAB AB's Dividend Yield % or its related term are showing as below:

CHIX:SSABAs' s Dividend Yield % Range Over the Past 10 Years
Min: 2.24   Med: 8.23   Max: 15.33
Current: 10.04

During the past 13 years, the highest Dividend Yield of SSAB AB was 15.33%. The lowest was 2.24%. And the median was 8.23%.

CHIX:SSABAs's Dividend Yield % is ranked better than
94.71% of 340 companies
in the Steel industry
Industry Median: 3.09 vs CHIX:SSABAs: 10.04

SSAB AB's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of SSAB AB was 1.85. The lowest was 0.30. And the median was 0.70.

As of today (2024-12-14), the Forward Dividend Yield % of SSAB AB is 10.04%.

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

During the past 12 months, SSAB AB's average Dividends Per Share Growth Rate was -42.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SSAB AB was 51.80% per year. The lowest was -37.60% per year. And the median was 14.50% 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.


SSAB AB Dividend Yield % Historical Data

The historical data trend for SSAB AB's Dividend Yield % 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.

SSAB AB Dividend Yield % Chart

SSAB AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 - - 8.39 11.09

SSAB AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.37 11.09 11.73 8.69 9.92

Competitive Comparison of SSAB AB's Dividend Yield %

For the Steel subindustry, SSAB AB's Dividend Yield %, along with its competitors' market caps and 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.


SSAB AB's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB's Dividend Yield % distribution charts can be found below:

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



SSAB AB Dividend Yield % Calculation

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

SSAB AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 5.0000002024-04-252024-04-262024-05-02Cash DividendannuallySEK: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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5/49.785
=10.04 %

Current Share Price is kr49.785.
SSAB AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr5.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5/49.785
=10.04 %

Current Share Price is kr49.785.
SSAB AB's Dividends per Share for the forward twelve months is calculated as kr5 * 1 = kr5.

* 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.


SSAB AB  (CHIX:SSABAs) 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.


SSAB AB Dividend Yield % Related Terms

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


SSAB AB Business Description

Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.

SSAB AB Headlines

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