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Traction AB (OSTO:TRAC B) Dividend Yield % : 4.05% (As of Jun. 04, 2024)


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What is Traction AB Dividend Yield %?

As of today (2024-06-04), the Trailing Annual Dividend Yield of Traction AB is 4.05%.

Good Sign:

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

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

OSTO:TRAC B' s Dividend Yield % Range Over the Past 10 Years
Min: 0.66   Med: 1.89   Max: 4.1
Current: 4.05

During the past 13 years, the highest Dividend Yield of Traction AB was 4.10%. The lowest was 0.66%. And the median was 1.89%.

OSTO:TRAC B's Dividend Yield % is ranked worse than
66.78% of 1213 companies
in the Asset Management industry
Industry Median: 5.51 vs OSTO:TRAC B: 4.05

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

During the past 13 years, the highest Dividend Payout Ratio of Traction AB was 0.70. The lowest was 0.02. And the median was 0.13.

As of today (2024-06-04), the Forward Dividend Yield % of Traction AB is 4.05%.

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

During the past 12 months, Traction AB's average Dividends Per Share Growth Rate was 81.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Traction AB was 38.90% per year. The lowest was -10.10% per year. And the median was 11.20% per year.

The growth rate is calculated with least square regression.

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


Traction AB Dividend Yield % Historical Data

The historical data trend for Traction 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.

Traction AB Dividend Yield % Chart

Traction 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 1.85 2.25 0.72 2.29 3.64

Traction AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.98 3.55 3.74 3.64 3.27

Competitive Comparison of Traction AB's Dividend Yield %

For the Asset Management subindustry, Traction 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.


Traction AB's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Traction AB's Dividend Yield % distribution charts can be found below:

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



Traction AB Dividend Yield % Calculation

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

Traction AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 10.4500002024-05-032024-05-062024-05-10Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=10.45/258.00
=4.05 %

Current Share Price is kr258.00.
Traction AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr10.45.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10.45/258.00
=4.05 %

Current Share Price is kr258.00.
Traction AB's Dividends per Share for the forward twelve months is calculated as kr10.45 * 1 = kr10.45.

* 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.


Traction AB  (OSTO:TRAC B) 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.


Traction AB Dividend Yield % Related Terms

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


Traction AB (OSTO:TRAC B) Business Description

Traded in Other Exchanges
N/A
Address
Box 3314, Stockholm, SWE, S-103 66
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.

Traction AB (OSTO:TRAC B) Headlines

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