Dividend Yield: 3%

Rejlers' dividend payments are covered by earnings (50% payout ratio) and cash flows (30.7% cash payout ratio), although they have been volatile over the past decade. The company reported Q2 2024 sales of SEK 1.14 billion and net income of SEK 47.1 million, maintaining stable earnings per share from continuing operations at SEK 2.13. Recent collaborations, including a framework agreement with Better Energy Sweden AB, highlight Rejlers' ongoing expansion in sustainable energy projects.

• Get an in-depth perspective on Rejlers' performance by reading our dividend report here.

• Upon reviewing our latest valuation report, Rejlers' share price might be too pessimistic.

AB SKF

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

Overview: AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide with a market cap of SEK84.40 billion.

Operations: AB SKF (publ) generates revenue from two main segments: Automotive, which contributes SEK29.44 billion, and Industrial, which contributes SEK71.08 billion.

Dividend Yield: 4%

AB SKF's dividend payments are covered by earnings (59.9% payout ratio) and cash flows (53.6% cash payout ratio), though they have been volatile over the past decade. Recent Q2 2024 results show sales of SEK 25.61 billion and net income of SEK 1.53 billion, reflecting a year-over-year decline. The CFO's upcoming departure may introduce uncertainty, but strategic alliances like the H-DRI steel partnership with voestalpine underscore SKF’s commitment to sustainability and innovation in bearing production.

• Dive into the specifics of AB SKF here with our thorough dividend report.

• Our valuation report here indicates AB SKF may be undervalued.

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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:ITAB OM:REJL B and OM:SKF B.

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