Sandvik AB Dividend yield




   SEK/share 
 Price  201.20
 Dividend  4.51
 Earnings  7.83
 Cash-flow  12.27
 Book value  51.59
 Equity  50.52

Sandvik AB is part of Industrial Engineering business, which is part of Industrials industry. Sandvik AB is a company from Sweden, and his stocks are publicly traded.

Sandvik AB paid a total dividend of 5,656 million SEK last year, for a market value of 252,305 millions (Market Cap 216,434 millions). Dividend per share of Sandvik AB is 4.51 SEK, and his stock market price 201.20 SEK.

According to the chart below, where dividend yield is displayed, Sandvik AB has a dividend yield of 2.24%, which is lower than the amount offered by the market average , but bigger than Industrials industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Sandvik AB dividend yield with other Industrial Engineering companies or firms from Sweden.

Dividend yield of Sandvik AB

Sandvik AB Dividend Payout

About the ability of Sandvik AB to maintain his current dividend of SEK 4.51 per share, an amount that accounts for 2.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sandvik AB payout on ernings is currently 57.60%, which is higher than the market average, and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures show that Sandvik AB 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 Sandvik AB is SEK 12.27 per share, which is higher than the dividend per share paid by the company of SEK 4.51, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sandvik AB, compared againt world market average, Sweden companies, Industrials industry and Industrial Engineering sector companies.

Sandvik AB payout

Sandvik AB Dividend History

Year Yield  SEK  Paypout  Shares* 
Present2.24%4.5157.60%1,254
20200.00%0.000.00%1,254
20192.33%4.2638.94%1,254
20182.77%3.5031.31%1,254
20171.91%2.7454.58%1,254
20162.29%2.50103.31%1,254
20153.87%3.5065.42%1,254

*In millions

Sandvik AB Stock performance

Finally, last moth Sandvik AB showed a return of -8.50% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a 15.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Sweden and Industrial Engineering firms.

Sandvik AB stock and market return