08-31-2023
| SEK/share | |
| Price | 221.20 |
| Dividend | 6.99 |
| Earnings | 17.56 |
| Cash-flow | 16.39 |
| Book value | 79.00 |
| Equity | 74.72 |
Volvo B is part of Industrial Engineering business, which is part of Industrials industry. Volvo B is a company from Sweden, and his stocks are publicly traded.
Volvo B stock dividend
Volvo B paid a total dividend of 11,107 million SEK last year, for a market value of 351,487 millions (Market Cap 333,622 millions). Volvo B dividend per share is 6.99 SEK, and his stock market price 221.20 SEK.
According to the chart below, where dividend yield is displayed, Volvo B has a dividend yield of 3.16%, 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 Volvo B stocks dividend with other Industrial Engineering companies or other of the high Sweden dividend stocks list.
Volvo B Dividend Payout
About the ability of Volvo B to maintain his current dividend of SEK 6.99 per share, an amount that accounts for 3.16%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Volvo B payout on ernings is currently 39.81%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Volvo 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 Volvo B is SEK 16.39 per share, which is higher than the dividend per share paid by the company of SEK 6.99, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Volvo B, compared againt world market average, Sweden companies, Industrials industry and Industrial Engineering sector companies.
Volvo B Dividend History
Below you will find a table with the historical evolution of Volvo 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 | 3.16% | 6.99 | 39.81% | 1,589 |
| 2022 | 3.45% | 6.50 | 37.25% | 1,589 |
| 2021 | 2.86% | 6.00 | 54.64% | 1,589 |
| 2020 | 0.00% | 0.00 | 0.00% | 1,508 |
| 2019 | 3.19% | 5.01 | 38.01% | 1,576 |
| 2018 | 3.67% | 4.26 | 36.72% | 1,573 |
| 2017 | 2.13% | 3.25 | 41.72% | 1,560 |
| 2016 | 3.04% | 3.00 | 33.78% | 1,544 |
| 2015 | 3.33% | 3.00 | 110.70% | 1,544 |
*In millions
Then you can see the evolution of Volvo B dividend stock, and compare it with the average of Sweden stocks and that of the Industrial Engineering stocks.
Volvo B Stock performance
Finally, last moth Volvo B showed a return of -4.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 35.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Sweden and Industrial Engineering firms.
