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BKW AG (BKW.SW) logo
BKW.SW|Utilities|Utilities - Renewable|CHF 151.20|P/E 22.6|MCap 8.0B|SIX

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

79/ 100Safe

BKW.SW's dividend appears safe and well-supported. Strengths include a 54.6% earnings payout ratio & 40.8% cfo payout ratio. Areas of concern: 6.7% return on equity. The dividend has been growing at a 10.96% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 54.6%Low earnings payout ratio leaves room to grow the dividend.
  • Debt-to-Equity: 32.0Conservative debt level relative to equity.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Return on Equity: 6.7%Return on equity is below industry norms.

Payout & Coverage

Safe
Earnings Payout Ratio
54.6%Very Safe
FCF Payout Ratio
74.1%Caution
CFO Payout Ratio
40.8%Safe
Interest Coverage
8.0xSafe

Balance Sheet

Safe
Net Debt / Total Assets
11.3%Safe
Current Ratio
1.6xSafe
Debt-to-Equity
32.0Very Safe

Profitability

Caution
Return on Equity
6.7%Warning
Operating Margin
10.8%Caution
Gross Margin
49.5%Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
11.0%Very Safe
Earnings Stability
StableSafe

About BKW AG

BKW AG is an international energy and infrastructure company headquartered in Bern, Switzerland, with a history dating back to 1898. It plans, builds, and operates infrastructure for energy production and supply to businesses, households, and the public sector across Switzerland, Germany, Italy, France, and other European countries. The company operates through three key segments: Energy Solutions, which manages power plants, energy sales, trading in electricity, certificates, and raw materials, plus wind, solar, and smart energy services; Power Grid, focusing on building and maintaining distribution networks; and Infrastructure and Buildings, providing engineering, consulting, and integrated solutions for energy, telecommunications, transport, water utilities, and environmental projects. BKW AG employs over 12,000 people across 140 subsidiaries in ten European countries, emphasizing sustainable development amid climate change, urbanization, and digitalization. The Canton of Bern holds a majority stake, underscoring its role in Switzerland's utilities sector with a diverse energy mix including hydroelectric, nuclear, renewables, and some fossil fuels.

Dividend Overview

Dividend Yield

2.52%

Annual Dividend

CHF 3.80

Frequency

Annual

Payout Ratio

54.65%

FCF Payout Ratio

74.06%

Stock Price

CHF 151.20

52-Week Range

CHF 142.50 CHF 184.40

Dividend History (2016–2025)

BKW.SW annual dividend per share and yield history

Earnings & Profitability

BKW.SW earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 30, 2026

Last Payment Date

May 6, 2025

Dividend Growth

3-Year Dividend CAGR

12.48%

5-Year Dividend CAGR

10.96%

10-Year Dividend CAGR

8.74%

3-Year Total Growth

42.31%

5-Year Total Growth

68.18%

10-Year Total Growth

131.25%

Income Calculator

BKW.SW Dividend Calculator

Total Investment

CHF 15,120.00

Annual Income

CHF 380.00

Quarterly Income

CHF 95.00

Monthly Income

CHF 31.67

Similar Dividend Stocks

StockYield5Y CAGRPrice
BKW AG (BKW.SW) logo
BKW.SW
2.52%10.96%CHF 151.20
Swiss Life Holding AG (SLHN.SW) logo
SLHN.SW
3.83%18.47%CHF 879.40
VAT Group AG (VACN.SW) logo
VACN.SW
1.14%9.34%CHF 611.60

Frequently Asked Questions

What is BKW.SW's current dividend yield?
BKW AG (BKW.SW) currently has a dividend yield of 2.52%, based on a stock price of CHF 151.20 and an annual dividend of CHF 3.80.
When is BKW.SW's next dividend payment date?
BKW.SW's next ex-dividend date is 2026-04-30 and the next payment date is 2025-05-06. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does BKW.SW pay in dividends per year?
BKW AG paid CHF 3.70 per share in annual dividends in 2025. The dividends are paid annual.
Has BKW.SW been increasing its dividend?
BKW AG has grown its dividend at a 5-year CAGR of 10.96% and a 10-year CAGR of 8.74%.
Is BKW.SW's dividend safe?
BKW AG has a payout ratio of 54.65%. A payout ratio below 60% is generally considered sustainable.
How is BKW.SW's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates BKW AG'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 utilities 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.