08-31-2023
| SEK/share | |
| Price | 445.80 |
| Dividend | 4.01 |
| Earnings | 6.33 |
| Cash-flow | 35.38 |
| Book value | 405.27 |
| Equity | 395.63 |
Lundberg B is part of Financial Services business, which is part of Financials industry. Lundberg B is a company from Sweden, and his stocks are publicly traded.
Lundberg B stock dividend
Lundberg B paid a total dividend of 610 million SEK last year, for a market value of 67,762 millions (Market Cap 32,837 millions). Lundberg B dividend per share is 4.01 SEK, and his stock market price 445.80 SEK.
According to the chart below, where dividend yield is displayed, Lundberg B has a dividend yield of 0.90%, lower than the amount offered by both the market average and companies from Sweden. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Lundberg B stocks dividend with other Financial Services companies or other of the best Sweden dividend stocks list.
Lundberg B Dividend Payout
About the ability of Lundberg B to maintain his current dividend of SEK 4.01 per share, an amount that accounts for 0.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lundberg B payout on ernings is currently 63.35%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Lundberg B can have problems to keep with his present dividend yield.
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 Lundberg B is SEK 35.38 per share, which is higher than the dividend per share paid by the company of SEK 4.01, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Lundberg B, compared againt world market average, Sweden companies, Financials industry and Financial Services sector companies.
Lundberg B Dividend History
Below you will find a table with the historical evolution of Lundberg B'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 | 0.90% | 4.01 | 63.35% | 152 |
| 2022 | 0.84% | 3.73 | 8.06% | 152 |
| 2021 | 0.69% | 3.51 | 24.11% | 152 |
| 2020 | 0.00% | 0.00 | 0.00% | 152 |
| 2019 | 0.78% | 3.21 | 22.11% | 152 |
| 2018 | 1.15% | 3.00 | 11.14% | 152 |
| 2017 | 0.91% | 5.58 | 5.64% | 76 |
| 2016 | 1.00% | 5.32 | 15.11% | 76 |
*In millions
Lundberg B Stock performance
Finally, last moth Lundberg B showed a return of -3.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 0.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Sweden and Financial Services firms.
