08-31-2023
SEK/share | |
Price | 578.60 |
Dividend | 5.32 |
Earnings | 21.92 |
Cash-flow | 35.07 |
Book value | 222.54 |
Equity | 197.48 |
SAAB B is part of Aerospace and Defense business, which is part of Industrials industry. SAAB B is a company from Sweden, and his stocks are publicly traded.
SAAB B stock dividend
SAAB B paid a total dividend of 692 million SEK last year, for a market value of 75,218 millions (Market Cap 53,219 millions). SAAB B dividend per share is 5.32 SEK, and his stock market price 578.60 SEK.
According to the chart below, where dividend yield is displayed, SAAB B has a dividend yield of 0.92%, lower than the amount offered by both the market average and companies from Sweden. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare SAAB B stocks dividend with other Aerospace and Defense companies or other of the high Sweden dividend stocks list.
SAAB B Dividend Payout
About the ability of SAAB B to maintain his current dividend of SEK 5.32 per share, an amount that accounts for 0.92%, we should study its payout ratio both on earnings and on cash-flows (see chart below). SAAB B payout on ernings is currently 24.27%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that SAAB Bcan 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 SAAB B is SEK 35.07 per share, which is higher than the dividend per share paid by the company of SEK 5.32, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of SAAB B, compared againt world market average, Sweden companies, Industrials industry and Aerospace and Defense sector companies.
SAAB B Dividend History
Below you will find a table with the historical evolution of SAAB 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 | 0.92% | 5.32 | 24.27% | 130 |
2022 | 1.19% | 4.89 | 24.52% | 130 |
2021 | 2.04% | 4.70 | 43.68% | 130 |
2020 | 0.00% | 0.00 | 0.00% | 131 |
2019 | 1.43% | 4.49 | 37.05% | 131 |
2018 | 1.43% | 4.40 | 34.73% | 131 |
2017 | 1.32% | 5.27 | 35.39% | 105 |
*In millions
SAAB B Stock performance
Finally, last moth SAAB B showed a return of 4.30% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 62.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Sweden and Aerospace and Defense firms.