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Axfood AB (AXFO.ST) logo
AXFO.ST|Consumer Defensive|Grocery Stores||P/E 25.0|MCap 62.9B|NASDAQ Stockholm

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

63/ 100Safe

AXFO.ST's dividend appears safe and well-supported. Strengths include a 43.1% fcf payout ratio & 6.7x interest coverage. Areas of concern: 0.6x current ratio & 3.8% operating margin.

Based on 15 of 15 metrics

Strengths

  • Return on Equity: 39.5%Strong return on equity reflects efficient profit generation.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
  • Operating Margin: 3.8%Operating margin is thin and pressures the dividend.
  • Gross Margin: 14.9%Gross margin is low and limits flexibility.

Payout & Coverage

Safe
Earnings Payout Ratio
78.7%Caution
FCF Payout Ratio
43.1%Safe
CFO Payout Ratio
50.6%Caution
Interest Coverage
6.7xSafe

Balance Sheet

Warning
Net Debt / Total Assets
38.8%Caution
Current Ratio
0.6xDanger
Debt-to-Equity
249.6Caution

Profitability

Caution
Return on Equity
39.5%Very Safe
Operating Margin
3.8%Warning
Gross Margin
14.9%Warning
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
4.0%Caution
Earnings Stability
GrowingVery Safe

About Axfood AB

Axfood AB is a leading Swedish food retail company, operating as the second-largest player in the market with a significant market share. Formed in 2000 through the merger of grocery chains like Hemköp, D&D Dagligvaror, Spar Sverige, and Spar Inn Snabbgross, it manages prominent brands including Willys, the country's top discount chain; Hemköp, focusing on fresh products; City Gross, a hypermarket acquired in 2024; and others like Tempo, Handlar’n, and Matöppet. The company also conducts wholesale via Snabbgross for restaurants and Dagab for purchasing and logistics, alongside e-commerce through Mat.se and partly owned ventures like Apohem and Eurocash. With over 15,000 employees, nearly 400 group-owned stores, more than 700 collaborating retailer-owned outlets, and net sales exceeding SEK 80 billion, Axfood serves approximately five million weekly customers. Its vision emphasizes affordable, good, and sustainable food, highlighted by private labels such as Garant and Eldorado, and a 27.2% share of sustainability-labeled products. Headquartered in Stockholm and principally owned by Axel Johnson Group, Axfood prioritizes customer proximity, efficiency, and societal impact in the evolving food retail landscape shaped by digitalization and sustainability trends.

Dividend Overview

Dividend Yield

3.15%

Annual Dividend

SEK 8.75

Frequency

Semi-Annual

Payout Ratio

78.69%

FCF Payout Ratio

43.06%

Stock Price

52-Week Range

SEK 219.00 SEK 339.00

Dividend History (2016–2025)

AXFO.ST annual dividend per share and yield history

Earnings & Profitability

AXFO.ST earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

September 17, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

4.28%

5-Year Dividend CAGR

4.01%

10-Year Dividend CAGR

23.58%

3-Year Total Growth

13.40%

5-Year Total Growth

21.72%

10-Year Total Growth

730.56%

Income Calculator

AXFO.ST Dividend Calculator

Total Investment

SEK 0.00

Annual Income

SEK 875.00

Quarterly Income

SEK 218.75

Monthly Income

SEK 72.92

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Frequently Asked Questions

What is AXFO.ST's current dividend yield?
Axfood AB (AXFO.ST) currently has a dividend yield of 3.15%, based on a stock price of — and an annual dividend of SEK 8.75.
When is AXFO.ST's next dividend payment date?
AXFO.ST's next ex-dividend date is 2026-09-17 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does AXFO.ST pay in dividends per year?
Axfood AB paid SEK 8.75 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has AXFO.ST been increasing its dividend?
Axfood AB has grown its dividend at a 5-year CAGR of 4.01% and a 10-year CAGR of 23.58%.
Is AXFO.ST's dividend safe?
Axfood AB has a payout ratio of 78.69%. Its free cash flow payout ratio is 43.06%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is AXFO.ST's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Axfood AB's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer defensive companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.