Thule Group AB
EURO STOXX 600THULE.ST/Consumer Cyclical · Leisure/NASDAQ Stockholm
Dividend Yield
3.78%
SEK 8.30 · Annual Dividend
Dividend Safety Rating
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: 102.5% fcf payout ratio & 79.1% cfo payout ratio.
Based on 14 of 15 metrics
Strengths
- Debt-to-Equity: 59.0Conservative debt level relative to equity.
- Interest Coverage: 7.5xEarnings cover interest payments many times over.
- Net Debt / Total Assets: 29.4%Healthy balance sheet with low net debt.
Risks
- FCF Payout Ratio: 102.5%Free cash flow is tight relative to the dividend.
- Dividend Cut: YesDividend was cut or suspended in recent history.
- CFO Payout Ratio: 79.1%Operating cash flow leaves little room for the payout.
Payout & Coverage
CautionBalance Sheet
SafeProfitability
SafeDividend Track Record
CautionAbout 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
3.78%
Annual Dividend
SEK 8.30
Frequency
Semi-Annual
Payout Ratio
76.85%
FCF Payout Ratio
102.52%
52-Week Range
SEK 185.10 - SEK 291.00
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
Frequently Asked Questions
What is THULE.ST's current dividend yield?
When is THULE.ST's next dividend payment date?
How much does THULE.ST pay in dividends per year?
Has THULE.ST been increasing its dividend?
Is THULE.ST's dividend safe?
How is THULE.ST's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track THULE.ST Dividends with OnlyDividends
What will THULE.ST actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
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.