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Balco Group AB (OSTO:BALCO) Forward Dividend Yield % : 3.69% (As of Oct. 08, 2024)


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What is Balco Group AB Forward Dividend Yield %?

As of today (2024-10-08), the Forward Annual Dividend Yield of Balco Group AB is 3.69%.

As of today (2024-10-08), the Trailing Annual Dividend Yield of Balco Group AB is 1.85%.

OSTO:BALCO's Forward Dividend Yield % is ranked better than
53.7% of 54 companies
in the Homebuilding & Construction industry
Industry Median: 3.54 vs OSTO:BALCO: 3.69

Balco Group AB's Dividends per Share for the three months ended in Jun. 2024 was kr0.00.

During the past 12 months, Balco Group AB's average Dividends Per Share Growth Rate was -57.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Balco Group AB's Forward Dividend Yield %

For the Residential Construction subindustry, Balco Group AB's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Balco Group AB's Forward Dividend Yield % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Balco Group AB's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Balco Group AB's Forward Dividend Yield % falls into.



Balco Group AB Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Balco Group AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 0.7500002023-11-082023-11-092023-11-14Cash Dividendsemi-annuallySEK:SEK 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Balco Group AB's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/40.60
=3.69 %

Current Share Price is kr40.60.
Balco Group AB's Dividends per Share for the forward twelve months is calculated as kr0.75 * 2 = kr1.5.

Balco Group AB's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.75/40.60
=1.85 %

Current Share Price is kr40.60.
Balco Group AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr0.75.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Balco Group AB  (OSTO:BALCO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Balco Group AB Forward Dividend Yield % Related Terms

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Balco Group AB Business Description

Traded in Other Exchanges
N/A
Address
Algvagen 4, Vaxjo, SWE, 352 45
Balco Group AB provides expertise in supplying glazed balconies and balcony solutions. It offers customer-adapted and balcony solutions to tenant-owner associations, the public housing sector, private landlords, and construction companies. Its operating segment includes the Renovation segment including the replacement and extension of existing balconies and the installation of new balconies mainly glazed on apartment buildings. The New Build segment includes balconies in the construction of apartment buildings and balcony projects in the maritime market. It generates maximum revenue from the Renovation segment. Geographically, it derives a majority of its revenue from Sweden and also has a presence in Germany, Norway, Denmark the United Kingdom, Netherlands, Finland, and Switzerland.

Balco Group AB Headlines

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