Concentric - Stock

Concentric Dividend 2024

Concentric Dividend

4 SEK

Concentric Dividend yield

1.99 %

Ticker

COIC.ST

ISIN

SE0003950864

WKN

A1JBXB

How much dividend does Concentric 2024 pay?

According to the latest status from June 2024, Concentric paid a total of 4 SEK per share in dividends within the last 12 months. With the current Concentric price of 201 SEK, this corresponds to a dividend yield of 1.99 %. A dividend is paid times per year.

1.99 % Dividend Yield=
4 SEK Dividend
201 SEK Stock Price

Historical Concentric Dividends

A dividend is paid times per year. Last year, the payout months were and May.

PaydateDividend
5/19/20244.25
5/19/20234
5/22/20223.75
5/23/20213.5
1/10/20213.25
5/5/20191.25
6/4/20182.5
5/1/20172
5/7/20161
4/27/20152
6/2/20141.5
5/25/20132.5
5/20/20122
1

Concentric Stock Dividend

In 2023, Concentric paid a dividend amounting to 4 SEK. Dividend means that Concentric distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Concentric provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Concentric’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Concentric's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Concentric Dividend History

DateConcentric Dividend
2026e4.6 undefined
2025e4.62 undefined
2024e4.61 undefined
20234 undefined
20223.75 undefined
20213.5 undefined
20203.25 undefined
20191.25 undefined
20182.5 undefined
20172 undefined
20161 undefined
20152 undefined
20141.5 undefined
20132.5 undefined
20122 undefined

Is the Concentric Dividend Safe?

Concentric has been increasing the dividend for 4 years.

Over the past 10 years, Concentric has increased it by an annual 4.812 %.

Over a five-year period, the distribution increased by 9.856%.

Analysts expect a Dividend Increase of 7.374% for the current fiscal year.

Concentric Stock Payout Ratio

In 2023, Concentric had a payout ratio of 42.62%. The payout ratio indicates the percentage of the company's profits that Concentric distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Concentric represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Concentric could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Concentric's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Concentric Payout Ratio History

DateConcentric Payout ratio
2026e38.47 %
2025e35.97 %
2024e36.82 %
202342.62 %
202228.47 %
202139.37 %
202060.02 %
201915.13 %
201824.36 %
201726.65 %
201616.66 %
201531.06 %
201427.12 %
201362.5 %
201251.55 %
201142.62 %
201042.62 %
200942.62 %

Dividend Details

Understanding Concentric's Dividend Distributions

Concentric’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Concentric's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Concentric's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Concentric’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Concentric Aktienanalyse

What does Concentric do?

Concentric AB is a Swedish company specializing in the manufacturing and supply of hydraulic systems and solutions for commercial vehicles and other mobile applications. It was founded in 1999 and has its headquarters in Mölndal, Sweden. The company operates 13 production facilities worldwide. Concentric was originally part of the Swedish SKF Group until it became independent in 2008 and listed on the Stockholm Stock Exchange. Since its founding, the company has experienced strong growth and has become a leading brand in the hydraulic systems market. The company's business model is based on delivering high-quality hydraulic products and systems for vehicles and mobile applications such as construction machinery, agricultural vehicles, and forestry machines. Concentric specializes in pumps, motors, valves, and other hydraulic components, providing performance and efficiency solutions for vehicles and machines. Concentric is divided into three main divisions: Mobile Technology, Industrial Technology, and Cylinders. The Mobile Technology division supplies hydraulic pumps, motors, and valves for commercial vehicles, ships, and other mobile machines. The Industrial Technology division focuses on manufacturing hydraulic products for various industrial applications such as pressure and injection molding machines. The Cylinder division specializes in hydraulic cylinders for various applications such as construction, mining, and forestry machinery. The company offers a wide range of products, including hydraulic pumps, valves, motors, and cylinders. The hydraulic pumps are designed for use in various mobile applications, providing high performance and efficiency. The valves control the flow of fluids in hydraulic systems, ensuring reliable machine control. The hydraulic motors offer high performance and efficiency, designed for use in various mobile applications. The hydraulic cylinders are designed for use in various industrial and commercial vehicle applications such as construction machinery, mining, and forestry machinery, providing high performance, durability, and safety. In summary, Concentric AB is a significant player in the hydraulic systems industry, offering a wide range of products for mobile applications and various industrial and vehicle applications. The company has a successful growth history and is known in the industry for its high-quality standards and innovative solutions. Concentric is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Concentric Stock

How much dividend does Concentric pay?

Over the past 12 months, Concentric paid a dividend of 4 SEK . This corresponds to a dividend yield of about 1.99 %. For the coming 12 months, Concentric is expected to pay a dividend of 4.62 SEK.

What is the dividend yield of Concentric?

The current dividend yield of Concentric is 1.99 %.

When does Concentric pay dividends?

Concentric pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Concentric?

Concentric paid dividends every year for the past 15 years.

What is the dividend of Concentric?

For the upcoming 12 months, dividends amounting to 4.62 SEK are expected. This corresponds to a dividend yield of 2.3 %.

In which sector is Concentric located?

Concentric is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Concentric kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Concentric from 4/25/2024 amounting to 4.25 SEK, you needed to have the stock in your portfolio before the ex-date on 4/19/2024.

When did Concentric pay the last dividend?

The last dividend was paid out on 4/25/2024.

What was the dividend of Concentric in the year 2023?

In the year 2023, Concentric distributed 3.75 SEK as dividends.

In which currency does Concentric pay out the dividend?

The dividends of Concentric are distributed in SEK.

Andere Kennzahlen von Concentric

Our stock analysis for Concentric Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Concentric Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.