GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CTT Systems AB (OSTO:CTT) » Definitions » Forward Dividend Yield %

CTT Systems AB (OSTO:CTT) Forward Dividend Yield % : 1.61% (As of May. 14, 2024)


View and export this data going back to 1997. Start your Free Trial

What is CTT Systems AB Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of CTT Systems AB is 1.61%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of CTT Systems AB is 1.61%.

OSTO:CTT's Forward Dividend Yield % is ranked better than
64.34% of 143 companies
in the Aerospace & Defense industry
Industry Median: 1.08 vs OSTO:CTT: 1.61

CTT Systems AB's Dividends per Share for the three months ended in Mar. 2024 was kr0.00.

During the past 12 months, CTT Systems AB's average Dividends Per Share Growth Rate was 412.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -10.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CTT Systems AB was 90.10% per year. The lowest was -42.00% per year. And the median was 24.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of CTT Systems AB's Forward Dividend Yield %

For the Aerospace & Defense subindustry, CTT Systems AB's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CTT Systems AB's Forward Dividend Yield % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where CTT Systems AB's Forward Dividend Yield % falls into.



CTT Systems AB Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

CTT Systems AB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SEK 5.3500002024-05-072024-05-082024-05-14Cash DividendannuallySEK:SEK 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CTT Systems AB's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.35/332.00
=1.61 %

Current Share Price is kr332.00.
CTT Systems AB's Dividends per Share for the forward twelve months is calculated as kr5.35 * 1 = kr5.35.

CTT Systems AB's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.35/332.00
=1.61 %

Current Share Price is kr332.00.
CTT Systems AB's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr5.35.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CTT Systems AB  (OSTO:CTT) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


CTT Systems AB Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of CTT Systems AB's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


CTT Systems AB (OSTO:CTT) Business Description

Traded in Other Exchanges
Address
Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.