Sandvik AB (SDVKY)
| Previous close | 19.84 |
| Open | 20.03 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 19.84 - 20.20 |
| 52-week range | 16.31 - 23.50 |
| Volume | |
| Avg. volume | 129,424 |
| Market cap | 25.53B |
| Beta (5Y monthly) | 1.32 |
| PE ratio (TTM) | 21.93 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.52 (2.60%) |
| Ex-dividend date | 01 May 2024 |
| 1y target est | N/A |
- GuruFocus.com
Sandvik AB's Dividend Analysis
Sandvik AB (SDVKY) recently announced a dividend of $0.52 per share, payable on an unconfirmed date, with the ex-dividend date set for 2024-05-01. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Sandvik AB's dividend performance and assess its sustainability.
- Reuters
Sandvik buys majority stake in China-based Suzhou Ahno
Sweden's Sandvik said on Tuesday it has agreed to buy a majority stake in China-based Suzhou Ahno Precision Cutting Tool Technology. Sandvik, which already owns a 12.4% stake in the company, said in a statement it will through the deal raise its stake to 72.4%, and that the enterprise value for the acquired stake is 189 million euros ($202 million). The impact on Sandvik’s earnings per share, excluding non-cash amortization effects from business combinations, will be positive, it said.
- Zacks
Sandvik (SDVKY) Moves to Buy: Rationale Behind the Upgrade
Sandvik (SDVKY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
