About Thule Group AB (publ) (THUPY) — Dividend Analysis 2026
Thule Group AB (publ) operates as a sports and outdoor company. It offers roof racks; roof boxes; carriers for transporting bikes, water, and winter sports equipment and rooftop tents; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics. The company offers its products primarily under the Thule and Case Logic brands. It operates in Sweden, other Nordic countries, Germany, rest of Europe, the United States, other North America, Central/South America, the Asia/Pacific Rim, and internationally. Thule Group AB (publ) was founded in 1942 and is headquartered in Malmö, Sweden.
Is THUPY a good dividend investment in 2026?
THUPY offers a 4.21% forward yield with a 50% payout ratio. Strand Safety Score: 85/100 (Very Safe). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
THUPY DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your THUPY portfolio grows to $138.3K vs $125.1K without reinvestment. This is the compound interest effect in action.
THUPY dividend growth history & forecast
THUPY has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 4.21%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 THUPY Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold THUPY.
Gross yield
4.21%
Tax rate
15.00%
After-tax yield
3.58%
Real yield (−CPI)
0.78%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.21%
1.41%
$421 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.58%
0.78%
$358 / yr
🇺🇸 US Taxable (20%)
20%
3.37%
0.57%
$337 / yr
🇬🇧 UK ISA
0%
4.21%
1.41%
$421 / yr
🇬🇧 UK Taxable
8.75%
3.84%
1.04%
$384 / yr
🇨🇦 TFSA
0%
4.21%
1.41%
$421 / yr
🇨🇦 CA Taxable
25%
3.16%
0.36%
$316 / yr
🇦🇺 Super (pension)
15%
3.58%
0.78%
$358 / yr
🇦🇺 AU Taxable
30%
2.95%
0.15%
$295 / yr
🇩🇪 DE Taxable
26.375%
3.10%
0.30%
$310 / yr
🇫🇷 FR Taxable
30%
2.95%
0.15%
$295 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 THUPY Income Goal & Break-Even
Dividend Break-Even
28yr
Years for dividends to fully repay your THUPY investment of $10.22/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$3.8K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$1.4K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in THUPY for:
Shares needed
65,664
Capital required
$671,086
Monthly income
$2,000
Based on current dividend of $0.43/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 THUPY Dividend Payment Schedule
THUPY pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.91 / payment
$3.65 / year after tax
100 shares
$9.14 / payment
$36.55 / year after tax
1,000 shares
$91.38 / payment
$365.50 / year after tax
📊 THUPY vs S&P 500 Average Benchmarks
How THUPY compares to typical S&P 500 Average averages. (Sector "Consumer Cyclical" not matched — using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yield▲+1.21% vs sectorBetter
THUPY
4.21%
avg
3.00%
5Y Dividend CAGR▼-5.50% vs sectorBelow avg
THUPY
0.00%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
THUPY
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for THUPY sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ THUPY Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-04-27(in 26 days)
🔬
Financial Health Scores
Altman Z-Score
5.04
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
6/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the THUPY dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →