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Thule Group AB

EURO STOXX 600

THULE.ST/Consumer Cyclical · Leisure/NASDAQ Stockholm

Dividend Yield

4.20%

SEK 8.30 · Annual Dividend

Stock PriceSEK 206.20P/E18.7MCap25.0BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

59/ 100Caution

THULE.ST's dividend shows some areas that warrant monitoring. Strengths include a 7.5x interest coverage & 29.4% net debt / total assets. Areas of concern: 489.6% fcf payout ratio & Yes dividend cut.

Based on 14 of 15 metrics

Strengths

  • Current Ratio: 2.1xStrong short-term liquidity to meet obligations.
  • Debt-to-Equity: 57.8Conservative debt level relative to equity.
  • Interest Coverage: 7.5xEarnings cover interest payments many times over.

Risks

  • FCF Payout Ratio: 489.6%Free cash flow is tight relative to the dividend.
  • Dividend Cut: YesDividend was cut or suspended in recent history.

Payout & Coverage

Caution

Balance Sheet

Very Safe
2.1xVery Safe
57.8Very Safe

Profitability

Safe

Dividend Track Record

Caution

About Thule Group AB

Thule Group AB is a Swedish company specializing in the development, manufacture, and sale of outdoor, sports, and transportation products. Founded in 1942 in Hillerstorp, it has grown into a global leader with brands offering cargo carriers, roof racks, bike racks, roof boxes, strollers, backpacks, luggage, rooftop tents, and accessories for active lifestyles. The portfolio includes prominent brands like Thule, Case Logic for electronics bags, Chariot carriers, Yepp child bike seats, SportRack, and Tepui rooftop tents, recently expanded by the 2024 acquisition of Australian Quad Lock for mobile phone attachments. Thule Group AB serves consumers in outdoor activities such as biking, camping, skiing, water sports, and travel, with products sold through 4,700 points of sale across 136 countries. Headquartered in Malmö, the company employs around 2,800 people and focuses on innovation, durability, safety, and sustainability, including sponsorships for disabled children and donations to migrant programs. Its diverse sales come from regions like the USA, Germany, other Europe, and Asia-Pacific, emphasizing premium quality in the automotive accessories and consumer cyclicals sectors.

Dividend Overview

Dividend Yield

4.20%

Annual Dividend

SEK 8.30

Frequency

Semi-Annual

Payout Ratio

78.45%

FCF Payout Ratio

489.62%

52-Week Range

SEK 185.10 - SEK 299.20

Dividend History (2016–2025)

THULE.ST annual dividend per share and yield history

Earnings & Profitability

THULE.ST earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

October 2, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-13.89%

5-Year Dividend CAGR

N/A

10-Year Dividend CAGR

23.57%

3-Year Total Growth

-36.15%

5-Year Total Growth

N/A

10-Year Total Growth

730.00%

Income Calculator

THULE.ST Dividend Calculator

Total Investment

SEK 20,620.00

Annual Income

SEK 830.00

Quarterly Income

SEK 207.50

Monthly Income

SEK 69.17

Frequently Asked Questions

What is THULE.ST's current dividend yield?
Thule Group AB (THULE.ST) currently has a dividend yield of 4.20%, based on a stock price of SEK 206.20 and an annual dividend of SEK 8.30.
When is THULE.ST's next dividend payment date?
THULE.ST's next ex-dividend date is 2026-10-02 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does THULE.ST pay in dividends per year?
Thule Group AB paid SEK 8.30 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has THULE.ST been increasing its dividend?
Thule Group AB has grown its dividend at a 5-year CAGR of — and a 10-year CAGR of 23.57%.
Is THULE.ST's dividend safe?
Thule Group AB has a payout ratio of 78.45%. Its free cash flow payout ratio is 489.62%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is THULE.ST's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Thule Group 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 cyclical 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.