AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. It also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. The company offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. AB SKF (publ) was founded in 1907 and is headquartered in Gothenburg, Sweden.
AB SKF Dividend Announcement
• AB SKF announced a annually dividend of $0.72 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2024-03-27
• AB SKF annual dividend for 2024 was $0.72
• AB SKF annual dividend for 2023 was $0.68
• AB SKF's trailing twelve-month (TTM) dividend yield is 3.87%
• AB SKF's payout ratio for the trailing twelve months (TTM) is 70.27%
• AB SKF's dividend growth over the last five years (2018-2023) was -0.66% year
• AB SKF's dividend growth over the last ten years (2013-2023) was -2.47% year
AB SKF Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-27 | $0.72 | annually | 2024-04-15 |
| 2023-03-24 | $0.68 | annually | 2023-04-18 |
| 2022-03-25 | $0.77 | annually | 2022-04-13 |
| 2021-03-26 | $0.77 | annually | 2021-04-14 |
| 2020-03-27 | $0.29 | annually | 2020-04-16 |
| 2019-03-29 | $0.66 | annually | 2019-04-18 |
| 2018-03-28 | $0.70 | annually | 2018-04-17 |
| 2017-03-29 | $0.62 | annually | 2017-04-18 |
| 2016-03-31 | $0.65 | annually | 2016-04-26 |
| 2015-03-26 | $0.66 | annually | 2015-04-30 |
| 2014-03-31 | $0.85 | annually | 2014-04-14 |
| 2013-04-30 | $0.87 | annually | 2013-05-14 |
AB SKF Dividend per year
AB SKF Dividend growth
AB SKF Dividend Yield
AB SKF current trailing twelve-month (TTM) dividend yield is 3.87%. Interested in purchasing AB SKF stock? Use our calculator to estimate your expected dividend yield:
AB SKF Financial Ratios
P/E ratio16.36
PEG ratio0.02
P/B ratio1.65
ROE10.11%
Payout ratio70.27%
Current ratio2.01
Quick ratio1.14
Cash Ratio0.00
AB SKF Dividend FAQ
How much is the next AB SKF dividend?
AB SKF's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next AB SKF dividend. The next AB SKF dividend will be released in March.
When is AB SKF dividend paid?
AB SKF pays dividends on a annually basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does AB SKF pay?
The specific amount of AB SKF dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find AB SKF's dividend history.
Does AB SKF stock pay dividends?
Yes, AB SKF does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find AB SKF's dividend history.
How much dividend does AB SKF pay?
AB SKF paid $0.724 in 2024, $0.675 in 2023, $0.765 in 2022, $0.771 in 2021, and $0.291 in 2020.
How often does AB SKF pay dividends?
AB SKF typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around March.
What is AB SKF's dividend yield?
The current dividend yield for AB SKF is 3.87%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate AB SKF's exact dividend yield.
When does AB SKF go ex dividend?
AB SKF's ex-dividend date for the latest dividend was on 2024-03-27. AB SKF typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next AB SKF dividend paid?
AB SKF pays dividends on a annually basis, typically around March, but the exact dates can vary each year.
Will AB SKF increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether AB SKF will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is AB SKF dividend per share?
AB SKF paid $0.724 per share in 2024 and $0.675 per share in 2023. The amount of dividend per share that AB SKF pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is AB SKF a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is AB SKF a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is AB SKF a dividend stock?
Yes, AB SKF is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is AB SKF a good dividend stock?
Whether AB SKF is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. AB SKF has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating AB SKF as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating AB SKF as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does AB SKF pay dividends monthly?
AB SKF typically pays dividends on a annually basis.
Does AB SKF pay dividends quarterly?
AB SKF currently pays dividends on a annually basis.
Has AB SKF ever paid a dividend?
Yes, AB SKF has a history of paying dividends to its shareholders. AB SKF is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy AB SKF dividend stocks?
To buy AB SKF you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy AB SKF stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy AB SKF stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does AB SKF pay dividends 2024?
AB SKF pays dividends on a annually basis. 2024 dividend payments are in 2024-04-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will AB SKF increase its dividend in 2024?
Decisions regarding AB SKF dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date AB SKF dividend overview you can look into the above table of dividend history.
How AB SKF dividend works?
The AB SKF dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how AB SKF's dividend process works:
1. Determination of Dividend: AB SKF's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AB SKF publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AB SKF distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AB SKF are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: AB SKF's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AB SKF publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AB SKF distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AB SKF are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are AB SKF dividends paid?
AB SKF dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: AB SKF sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AB SKF distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AB SKF declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: AB SKF sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AB SKF distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AB SKF declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does AB SKF pay dividends?
AB SKF typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does AB SKF pay dividends?
The general pattern is that AB SKF pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is AB SKF dividend safe?
The safety of AB SKF's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of AB SKF's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AB SKF's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of AB SKF's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AB SKF's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.