Record low for public share
You have probably followed the news and seen that Samhällsbyggnadsbolaget i Norden, SBB, recorded an all-time low. However, SBB was not the only popular stock to record one.
Telia Company, shown in the graph below, also set a new record low and closed at SEK 25.27. This represents a yield of just over eight percent. This is a very high dividend yield. I like high dividend yields, but I like stocks with high dividend growth even more because it usually means rising dividends and rising stock prices.
If Telia’s dividend level is maintained, the high dividend yield is a sign that the market does not believe in the company and the share price may fall.
Source: Vikingen.se
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