Provide IT Sweden AB (XSAT:PROVIT) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Provide IT Sweden AB Dividend Payout Ratio?

Provide IT Sweden AB's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Provide IT Sweden AB is 6.21, which seems too high.

The historical rank and industry rank for Provide IT Sweden AB's Dividend Payout Ratio or its related term are showing as below:

XSAT:PROVIT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.39 Max: 9.05
Current: 6.21

During the past 8 years, the highest Dividend Payout Ratio of Provide IT Sweden AB was 9.05. The lowest was 0.90. And the median was 1.39.

XSAT:PROVIT's Dividend Payout Ratio is ranked worse than
98.92% of 836 companies
in the Software industry
Industry Median: 0.37 vs XSAT:PROVIT: 6.21

As of today (2024-06-09), the Dividend Yield % of Provide IT Sweden AB is 24.50%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Provide IT Sweden AB was 62.50%. The lowest was 4.18%. And the median was 8.21%.

Provide IT Sweden AB's Dividends per Share for the months ended in Dec. 2023 was kr0.00.

During the past 12 months, Provide IT Sweden AB's average Dividends Per Share Growth Rate was 141.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.10% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Provide IT Sweden AB was 26.00% per year. The lowest was -39.70% per year. And the median was 13.90% per year.

The growth rate is calculated with least square regression.

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

Provide IT Sweden AB Dividend Payout Ratio Historical Data

The historical data trend for Provide IT Sweden AB's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Provide IT Sweden AB Dividend Payout Ratio Chart

Provide IT Sweden AB Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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9.05

1.39

2.56

1.38

0.90

Provide IT Sweden AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	150.00	-	-

Competitive Comparison of Provide IT Sweden AB's Dividend Payout Ratio

For the Software - Application subindustry, Provide IT Sweden AB's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Provide IT Sweden AB's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Provide IT Sweden AB's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Provide IT Sweden AB's Dividend Payout Ratio falls into.

Provide IT Sweden AB Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Provide IT Sweden AB's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.34	/	0.378
	=	0.90

Provide IT Sweden AB's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.061
	=	0.00

Provide IT Sweden AB (XSAT:PROVIT) Dividend Payout Ratio Explanation

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.

Provide IT Sweden AB Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Provide IT Sweden AB's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Provide IT Sweden AB (XSAT:PROVIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Provide IT Sweden AB (XSAT:PROVIT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gotabergsgatan 20, Gothenburg, SWE, 41134

Website

http://www.provideit.se

Provide IT Sweden AB is a digital production company. The company is engaged in the development of web and mobile applications. It provides websites, applications, portals, and e-commerce to national and foreign companies.

Provide IT Sweden AB (XSAT:PROVIT) Headlines

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