Sandvik AB Dividend yield

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 stock dividend

Sandvik AB paid a total dividend of 6,270 million SEK last year, for a market value of 260,080 millions (Market Cap 223,103 millions). Sandvik AB dividend per share is 5.00 SEK, and his stock market price 207.40 SEK.

According to the chart below, where dividend yield is displayed, Sandvik AB has a dividend yield of 2.41%, 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 Sandvik AB stocks dividend with other Industrial Engineering companies or other of the high Sweden dividend stocks list.

Sandvik AB Dividend Payout

About the ability of Sandvik AB to maintain his current dividend of SEK 5.00 per share, an amount that accounts for 2.41%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sandvik AB payout on ernings is currently 35.19%, 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 Sandvik ABcan 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 Sandvik AB is SEK 8.33 per share, which is higher than the dividend per share paid by the company of SEK 5.00, 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 Dividend History

Below you will find a table with the historical evolution of Sandvik AB'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	2.41%	5.00	35.19%	1,254
2022	2.52%	4.75	37.82%	1,254
2021	1.78%	4.50	57.40%	1,254
2020	0.00%	0.00	0.00%	1,254
2019	2.33%	4.26	38.94%	1,254
2018	2.77%	3.50	31.31%	1,254
2017	1.91%	2.74	54.58%	1,254
2016	2.29%	2.50	103.31%	1,254
2015	3.87%	3.50	65.42%	1,254

*In millions

Then you can see the evolution of Sandvik AB dividend stock, and compare it with the average of Sweden stocks and that of the Industrial Engineering stocks.

Sandvik AB Stock performance

Finally, last moth Sandvik AB showed a return of -3.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 24.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Sweden and Industrial Engineering firms.