Tele2 AB Dividend yield




   SEK/share 
 Price  142.30
 Dividend  6.01
 Earnings  9.68
 Cash-flow  14.82
 Book value  44.47
 Equity  45.88

Tele2 AB is part of Mobile Telecommunications business, which is part of Telecommunications industry. Tele2 AB is a company from Sweden, and his stocks are publicly traded.

Tele2 AB paid a total dividend of 4,003 million SEK last year, for a market value of 94,772 millions (Market Cap 71,039 millions). Dividend per share of Tele2 AB is 6.01 SEK, and his stock market price 142.30 SEK.

According to the chart below, where dividend yield is displayed, Tele2 AB has a dividend yield of 4.22%, which is higher than the amount offered by both the market average and companies from Sweden. It is also bigger than average of Telecommunications 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 Tele2 AB dividend yield with other Mobile Telecommunications companies or firms from Sweden.

Dividend yield of Tele2 AB

Tele2 AB Dividend Payout

About the ability of Tele2 AB to maintain his current dividend of SEK 6.01 per share, an amount that accounts for 4.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tele2 AB payout on ernings is currently 62.09%, which is higher than the market average, and companies of Telecommunications industry, which are 38.25% and 43.81% respectively. Both figures show that Tele2 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 Tele2 AB is SEK 14.82 per share, which is higher than the dividend per share paid by the company of SEK 6.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tele2 AB, compared againt world market average, Sweden companies, Telecommunications industry and Mobile Telecommunications sector companies.

Tele2 AB payout

Tele2 AB Dividend History

Year Yield  SEK  Paypout  Shares* 
Present4.22%6.0162.09%666
20214.65%6.0043.70%666
20205.06%5.5071.43%665
20193.24%4.40158.84%665
20183.54%4.00177.78%663
20175.19%5.23-234.53%480
20166.75%4.7664.85%482
20155.46%4.8570.49%424

*In millions

Tele2 AB Stock performance

Finally, last moth Tele2 AB showed a return of 13.20% compared to a worldwide 1.12% average, and a 2.24% of Telecommunications firms. Over the last year, the company obtained a 23.90% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Sweden and Mobile Telecommunications firms.

Tele2 AB stock and market return