MEKO Dividend History - Mekonomen AB

Track the latest MEKO dividend history! 2.83% Dividend Yield, 4.88% Annual Growth - Explore MEKO's complete dividend history

Yield 12m 2.83%
Cash Amount 12m 3.70
Dividend Growth 5y avg 4.88%
Dividend Rating 40.33%
Yield on Cost 5y 4.34%
Payout Ratio current 40.1%
Payout Frequency 12m -
Payout Consistency 80.8%
Total Return 12m: 23.16%
#10 in Group
Total Return 5y: 53.10%
#14 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Automotive Retail
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
MEKO 686m 2.83% 4.34%
DIE 11,493m 25.1% 291%
PAG 10,901m 2.61% 8.99%
MG 12,508m 3.15% 3.01%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
MEKO 686m 4.88% 40.3%
MUSA 11,084m 57.8% 61.6%
DIE 11,493m 24.6% 97.5%
PAG 10,901m 12.0% 71.1%

MEKO Dividend History - Last 23 Dividends (Paid in SEK)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-15 1.85 1.38%
2024-05-17 1.85 -15.9% 1.56%
2023-11-22 2.2 100% 2.1%
2023-05-24 1.1 -63.3% 0.95%
2022-05-23 3 -48.5% 2.7%
2018-05-11 5.8225
2017-04-26 5.8225
2016-04-13 5.8225
2015-04-15 5.8225
2014-04-09 5.8225
2013-04-17 5.8225 -12.5%
2012-05-24 6.6543
2011-04-15 6.6543 14.3%
2010-04-21 5.8225 16.7%
2009-04-23 4.9907
2008-04-07 4.9907 100%
2007-05-10 2.4954 160.9%
2006-05-11 0.9566
2005-05-11 0.9566
2004-05-12 0.9566 15%
2003-05-09 0.8318 33.3%
2002-05-14 0.6238 20%
2001-05-03 0.5199

MEKO Dividend History - FAQ

What is the Dividend Yield of MEKO?

As of December 2024 MEKO`s Dividend Yield is 2.83%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 3.70 SEK by the current stock price of 130.60.

What is the long-term Dividend Growth Rate of MEKO?

In the last 5 Years the Average Dividend Growth Rate was 4.88% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does MEKO pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) MEKO paid times a dividend.

What is the Yield on Cost of MEKO?

The 5 Year Yield-On-Cost is 4.34%. That's the effective dividend income you'd receive today if you purchased Mekonomen AB five years ago. It is calculated by the Rate of the last 12 Months (3.70) divided by the price 5 years ago (85.30).

What is the Payout Consistency of MEKO?

MEKO has a Payout Consistency of 80.8%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of MEKO?

The Overall Dividend Rating of 40.33 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does MEKO have a good Dividend Yield?

MEKO`s 2.83% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for MEKO?

The next Dividend Date for MEKO is unknown.

What is the Dividend Payout Ratio of MEKO?

The Dividend Payout Ratio of MEKO is 40.1%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: MEKO Outstanding Shares

What is the Trend of MEKO`s Outstanding Shares?

The Outstanding Shares of Mekonomen AB are shrinking at a rate of -0.13% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -50.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Mekonomen AB ever had a Stock Split?

Yes, last Stock Split was on 2005-06-02 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares (Mill.) Growth Rate
2009 37003700
2010 37522000 +1.4%
2011 39336100 +4.83%
2012 43036500 +9.41%
2013 43036500
2014 43036500
2015 43036500
2016 43036500
2017 43036500
2018 56353400 +30.94%
2019 56323400 -0.05%
2020 56323400
2021 55983400 -0.6%
2022 55793400 -0.34%
2023 55988800 +0.35%
2024 55970700 -0.03%