08-31-2023
SEK/share | |
Price | 291.55 |
Dividend | 14.99 |
Earnings | 45.55 |
Cash-flow | 59.50 |
Book value | 208.25 |
Equity | 199.78 |
Boliden is part of Mining business, which is part of Basic Materials industry. Boliden is a company from Sweden, and his stocks are publicly traded.
Boliden stock dividend
Boliden paid a total dividend of 4,107 million SEK last year, for a market value of 79,885 millions (Market Cap 79,710 millions). Boliden dividend per share is 14.99 SEK, and his stock market price 291.55 SEK.
According to the chart below, where dividend yield is displayed, Boliden has a dividend yield of 5.14%, which is higher than the amount offered by both the market average and companies from Sweden. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Boliden stocks dividend with other Mining companies or other of the highest Sweden dividend stocks list.
Boliden Dividend Payout
About the ability of Boliden to maintain his current dividend of SEK 14.99 per share, an amount that accounts for 5.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Boliden payout on ernings is currently 32.91%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Bolidencan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Boliden is SEK 59.50 per share, which is higher than the dividend per share paid by the company of SEK 14.99, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Boliden, compared againt world market average, Sweden companies, Basic Materials industry and Mining sector companies.
Boliden Dividend History
Below you will find a table with the historical evolution of Boliden's dividend stock, both in percentage and in SEK, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | SEK | Paypout | Shares* |
Present | 5.14% | 14.99 | 32.91% | 274 |
2022 | 2.68% | 10.49 | 32.71% | 274 |
2021 | 2.36% | 8.26 | 33.04% | 274 |
2020 | 2.40% | 6.99 | 32.86% | 274 |
2019 | 3.52% | 8.75 | 33.09% | 274 |
2018 | 4.30% | 8.26 | 32.70% | 274 |
2017 | 1.87% | 5.25 | 33.48% | 274 |
2016 | 1.36% | 3.24 | 33.06% | 274 |
2015 | 1.40% | 2.24 | 31.86% | 274 |
*In millions
Then you can see the evolution of Boliden dividend stock, and compare it with the average of Sweden stocks and that of the Mining stocks.
Boliden Stock performance
Finally, last moth Boliden showed a return of -6.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -12.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Sweden and Mining firms.