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Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company offers mining and rock solutions, including drill rigs, underground loaders and trucks, rock drills and other tools, and parts and services, as well as digital and sustainability solutions; and rock processing applications, which include crushing, screening, feeding, breaking, demolition, and recycling. It also provides manufacturing solutions, comprising traditional metal cutting under the Sandvik Coromant, Walter, Wolfram, Seco, and Dormer Pramet brands; and manufactures tools and tooling systems for advanced metal cutting. In addition, the company develops and manufactures advanced stainless steels, powder-based alloys, and special alloys. It serves aerospace, automotive, construction, mining, general engineering, nuclear power generation, oil and gas, process, and renewable energy industries. The company was founded in 1862 and is headquartered in Stockholm, Sweden.

Sandvik Dividend Announcement

Sandvik announced a annually dividend of $0.33 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-01
Sandvik annual dividend for 2024 was $0.33
Sandvik annual dividend for 2023 was $0.48
Sandvik's trailing twelve-month (TTM) dividend yield is 1.8%
Sandvik's payout ratio for the trailing twelve months (TTM) is 56.36%

Sandvik Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-01$0.33annually2024-05-15
2023-05-01$0.48annually2023-05-15
2022-09-23$0.72annually2022-10-03
2022-04-28$0.51annually2022-05-13
2021-04-28$0.76annually2021-05-13
2019-05-01$0.45annually2019-05-16
2018-05-01$0.43annually2018-05-16
2017-04-28$0.31annually2017-05-12
2016-04-28$0.31annually2016-05-18
2015-05-07$0.42annually2015-05-29
2014-05-14$0.55annually2014-05-29
2013-04-26$0.55annually2013-05-13
2012-05-03$0.49annually2012-05-17

Sandvik Dividend per year

Sandvik Dividend growth

Sandvik Dividend Yield

Sandvik current trailing twelve-month (TTM) dividend yield is 1.8%. Interested in purchasing Sandvik stock? Use our calculator to estimate your expected dividend yield:

Sandvik Financial Ratios

P/E ratio20.83
PEG ratio0.03
P/B ratio2.84
ROE13.57%
Payout ratio56.36%
Current ratio1.63
Quick ratio0.85
Cash Ratio0.09

Sandvik Dividend FAQ

How much is the next Sandvik dividend?
Sandvik's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sandvik dividend. The next Sandvik dividend will be released in May.
When is Sandvik dividend paid?
Sandvik pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Sandvik pay?
The specific amount of Sandvik 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 Sandvik's dividend history.
Does Sandvik stock pay dividends?
Yes, Sandvik 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 Sandvik's dividend history.
How much dividend does Sandvik pay?
Sandvik paid $0.333 in 2024, $0.484 in 2023, $1.227 in 2022, $0.763 in 2021, and $0.0 in 2020.
How often does Sandvik pay dividends?
Sandvik 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 May.
What is Sandvik's dividend yield?
The current dividend yield for Sandvik is 1.8%. 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 Sandvik's exact dividend yield.
When does Sandvik go ex dividend?
Sandvik's ex-dividend date for the latest dividend was on 2024-05-01. Sandvik 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 Sandvik dividend paid?
Sandvik pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Sandvik 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 Sandvik 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 Sandvik dividend per share?
Sandvik paid $0.333 per share in 2024 and $0.484 per share in 2023. The amount of dividend per share that Sandvik 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 Sandvik 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 Sandvik 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 Sandvik a dividend stock?
Yes, Sandvik is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sandvik a good dividend stock?
Whether Sandvik is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sandvik has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sandvik 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 Sandvik pay dividends monthly?
Sandvik typically pays dividends on a annually basis.
Does Sandvik pay dividends quarterly?
Sandvik currently pays dividends on a annually basis.
Has Sandvik ever paid a dividend?
Yes, Sandvik has a history of paying dividends to its shareholders. Sandvik is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sandvik dividend stocks?
To buy Sandvik 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 Sandvik 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 Sandvik pay dividends 2024?
Sandvik pays dividends on a annually basis. 2024 dividend payments are in 2024-05-15. 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 Sandvik increase its dividend in 2024?
Decisions regarding Sandvik 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 Sandvik dividend overview you can look into the above table of dividend history.
How Sandvik dividend works?
The Sandvik 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 Sandvik's dividend process works:

1. Determination of Dividend: Sandvik'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, Sandvik 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, Sandvik 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 Sandvik 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 Sandvik dividends paid?
Sandvik dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sandvik 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, Sandvik distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sandvik 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 Sandvik pay dividends?
Sandvik 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 Sandvik pay dividends?
The general pattern is that Sandvik pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sandvik dividend safe?
The safety of Sandvik'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 Sandvik'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 Sandvik'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.