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Dividend Yield: 3.1%

Knowit AB's recent dividend declaration of SEK 5.20 per share, split into two payments, aligns with its historical pattern but reflects a cautious approach amid fluctuating earnings. With Q1 2024 revenue dropping to SEK 1.77 billion from SEK 1.97 billion year-over-year and net income decreasing to SEK 61 million from SEK 99.8 million, financial performance raises concerns about sustained profitability and dividend stability. Despite these challenges, the dividends are supported by a reasonable payout ratio of 70.9% and a cash payout ratio of 39%, suggesting that current dividends are manageable within existing financial constraints.

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

• Insights from our recent valuation report point to the potential undervaluation of Knowit shares in the market.

AB Traction

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

Overview: AB Traction is a private equity firm that focuses on various investment strategies including distressed assets and buyouts, with a market capitalization of approximately SEK 3.89 billion.

Operations: AB Traction's revenue is primarily generated from its Financial Investments segment, totaling SEK 237.90 million.

Dividend Yield: 4%

AB Traction's dividend yield stands at 3.97%, below the top Swedish dividend payers. Despite a 10-year history of increasing dividends, payments have been unstable, with significant annual fluctuations exceeding 20%. The company's dividends are well-covered by both earnings and cash flows, with payout ratios near 82.9%. Recent financials show a decline in net income to SEK 128.2 million from SEK 211 million year-over-year, potentially impacting future dividend reliability and growth.

• Click here to discover the nuances of AB Traction with our detailed analytical dividend report.

• The analysis detailed in our AB Traction valuation report hints at an inflated share price compared to its estimated value.

Key Takeaways

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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:BRAV OM:KNOW and OM:TRAC B.

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