Current Report: Elekta Could Grow 9.7% Into 2027

This company was founded in 1972 and is headquartered in Stockholm, Sweden.

Elekta AB (EKTAY) is a medical technology company providing clinical solutions for the treatment of cancers and brain disorders worldwide.

Three key data points gauge EKTAY (or any dividend-paying entity):

(1) Price 

(2) Dividends

(3) Returns

Those three keys also indicate if any company has made, is making, and will make money.

EKTAY Price

Elekta AB’s single share price increased $0.245, or over 4.9% in the past year, from $4.925 to $5.17 per Monday’s opening market report.

No analysts cover the stock. Elekta’s past one year price progression from $4.925 to $5.17 shows an average annual gain of about $0.245, which I’ll use as a prediction for the coming year’s returns, to which we’ll add annual dividends.

EKTAY Dividends

Elekta has paid variable Semi-Annual dividends since May 2012. The most recent SA dividend of $0.1266 is payable September 30th, 2026 (to shareholders of record September 4th), yielding $0.2532 or 4.90% (per Monday’s opening market report)  

EKTAY Returns

Putting it all together, as of September 21st, a possible Elekta gross gain of $0.50 was projected. 

To get there, our $0.245 per share annual price gain was added to the $0.2532 presumed forward-looking annual dividend to make that $0.50 gross gain. 

A little over $1000 invested in EKTAY at Monday’s $5.17 opening share price would buy 193.4 shares, which multiply the hypothetical $0.50 gross gain to $96.71 for the coming year, or 9.7%.

My dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is greater than the cost of one share.

Elekta’s projected annual dividend from $1K invested is $49.00, and that annual dividend proves to be about 9.5 times more than its recent $5.17 single-share price. 

The exact track of Elekta’s future share price and dividend will entirely be determined by market action and company finances.  

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.