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Thule Group AB (THULE.XSTO) Dividend Analysis

Does Thule Group AB (THULE.XSTO) pay a dividend?

Yes. Thule Group AB (THULE.XSTO) pays a dividend: SEK 8.30 per share over the last twelve months, a dividend yield of 4.18% at the latest close.

Its dividend per share has shrunk at 6.3% a year over the last 5 years. The payout takes about 76.7% of earnings.

Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.

Dividend per share by fiscal year
Fiscal yearPer shareChange
2025SEK 8.30-6.7%
2024SEK 8.90-4.8%
2023SEK 9.35-15.8%
2022SEK 11.10+5.7%
2021SEK 10.50-8.7%
2020SEK 11.50+228.6%
2019SEK 3.50-46.2%
2018SEK 6.50+38.3%
2017SEK 4.70-55.0%
2016SEK 10.45

All 10 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.

THULE.XSTO
Dividend37
High yield, verify sustainability

Elevated payout ratio, limited room for increases or earnings dips, no sustained growth pattern yet.

Based on TTM and annual data · Not a buy/sell signal

Score Breakdown

30

Safety

40% of composite

Earnings Payout25
76.7%Stretched
FCF Coverage35
1.3xThin margin
0

Growth

35% of composite

Dividend Streak0
0YNo sustained streak
Growth Rate0
-6.3%Declining
100

Income

25% of composite

Cash Yield (TTM)100
4.18%High, verify safety

Composite = Safety (30) × 0.40 + Growth (0) × 0.35 + Income (100) × 0.25 = 37

Dividend Yield

4.18%

Per Share (TTM)

SEK 8.30

Payout Ratio

76.7%

5Y CAGR

-6.3%

Dividend Safety

Earnings Payout

76.7%

FCF Payout

77.7%

FCF Coverage

1.3x

Dividend Growth

Per Share (TTM)

SEK 8.30

Growth Streak

—

5Y CAGR

-6.3%

Dividend Income

Annual DPS (TTM)

SEK 8.30

Annual Income / SEK 10K

SEK 418

Payment frequency, ex-dividend and payment dates are not available from company filings. Check your broker or the company's investor relations page for the schedule.

Yield History

Thule Group AB (THULE.XSTO) dividend: yield, safety and growth

Frequently asked

Does Thule Group AB (THULE.XSTO) pay a dividend, and how much?+

Yes, Thule Group AB pays a regular dividend of about SEK 8.30 per share per year (a yield of roughly 4.2%). That is a payout ratio of about 76.7% of earnings, so it is only just covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.

Is Thule Group AB's dividend safe?+

Thule Group AB's dividend looks only just covered by free cash flow, with free cash flow covering the payout about 1.3 times over. Intrinsiqq scores its dividend safety at 30 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.

Has Thule Group AB grown its dividend?+

Thule Group AB's dividend history is mixed. Recent dividend growth has been roughly flat. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.

What is Thule Group AB's dividend payout ratio?+

Thule Group AB pays out about 76.7% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is only just covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.

More on THULE.XSTO: Overview · Quality scorecard · DCF valuation · Financials

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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