Dividend Yield: 5.4%

Solid F?rs?kringsaktiebolag's dividend yield of 5.45% ranks it in the top 25% of Swedish dividend payers. The dividends are well-supported by earnings and cash flow, with payout ratios at 49.1% and 73.7%, respectively, though the company's short dividend history makes long-term reliability uncertain. Recent share buybacks aim to enhance shareholder value, while earnings growth remains robust, evidenced by a net income increase to SEK 40.95 million in Q2 2024 from SEK 39.21 million a year prior.

• Click here to discover the nuances of Solid F?rs?kringsaktiebolag with our detailed analytical dividend report.

• Our valuation report unveils the possibility Solid F?rs?kringsaktiebolag's shares may be trading at a discount.

Thule Group

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Thule Group AB (publ) is a sports and outdoor company based in Sweden with international operations, and it has a market cap of SEK32.46 billion.

Operations: Thule Group AB (publ) generates revenue from its Outdoor & Bags segment, totaling SEK9.40 billion.

Dividend Yield: 3.1%

Thule Group's dividend payments are covered by both earnings and cash flows, with payout ratios of 87.8% and 56.1%, respectively. Despite a history of volatility, dividends have grown over the past decade. The recent Q2 results show a slight increase in sales to SEK 3.10 billion and net income to SEK 559 million, indicating stable financial performance. However, Thule's dividend yield of 3.09% is below the top tier in Sweden's market.

• Unlock comprehensive insights into our analysis of Thule Group stock in this dividend report.

• Our comprehensive valuation report raises the possibility that Thule Group is priced higher than what may be justified by its financials.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include OM:AZA OM:SFAB and OM:THULE.

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