SKF B Dividend yield




   SEK/share 
 Price  248.20
 Dividend  6.50
 Earnings  10.70
 Cash-flow  17.99
 Book value  75.21
 Equity  75.89

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

SKF B paid a total dividend of 2,750 million SEK last year, for a market value of 104,989 millions (Market Cap 94,953 millions). Dividend per share of SKF B is 6.50 SEK, and his stock market price 248.20 SEK.

According to the chart below, where dividend yield is displayed, SKF B has a dividend yield of 2.62%, which is higher than the amount offered by both the market average and companies from Sweden. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

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

Dividend yield of SKF B

SKF B Dividend Payout

About the ability of SKF B to maintain his current dividend of SEK 6.50 per share, an amount that accounts for 2.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). SKF B payout on ernings is currently 60.75%, which is higher than the market average, and companies of Industrials industry, which are 38.16% and 33.11% respectively. Both figures show that SKF 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 SKF B is SEK 17.99 per share, which is higher than the dividend per share paid by the company of SEK 6.50, so the company generates enough cash to maintain his dividend in the future.

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

SKF B payout

SKF B Dividend History

Year Yield  SEK  Paypout  Shares* 
Present2.62%6.5060.75%423
20201.41%3.0122.43%423
20193.17%6.0035.48%422
20184.09%5.5048.67%420
20173.02%5.5055.84%419
20163.31%5.4956.89%416
20153.62%5.5149.64%416

*In millions

SKF B Stock performance

Finally, last moth SKF B showed a return of 7.90% compared to a worldwide 4.25% average, and a 5.41% of Industrials firms. Over the last year, the company obtained a 81.60% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Sweden and Industrial Engineering firms.

SKF B stock and market return