Octopus Renewables Infrastructure Trust Dividend
Dividend criteria checks 3/6
Octopus Renewables Infrastructure Trust is a dividend paying company with a current yield of 7.79%. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
7.8%
Dividend yield
258%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 16 May 24 |
Dividend per share | n/a |
Earnings per share | UK£0.022 |
Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
Octopus Renewables Infrastructure Trust (LON:ORIT) Has Affirmed Its Dividend Of £0.015
May 10Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145
Feb 01Recent updates
Octopus Renewables Infrastructure Trust (LON:ORIT) Has Affirmed Its Dividend Of £0.015
May 10Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145
Feb 01Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 09Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Octopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be £0.0131
Feb 03Octopus Renewables Infrastructure Trust (LON:ORIT) Will Pay A Dividend Of £0.0131
Aug 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ORIT has been paying a dividend for less than 10 years.
Growing Dividend: ORIT's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Octopus Renewables Infrastructure Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ORIT) | 7.8% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Capital Markets) | 3.1% |
Analyst forecast in 3 Years (ORIT) | 8.3% |
Notable Dividend: ORIT's dividend (7.79%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: ORIT's dividend (7.79%) is in the top 25% of dividend payers in the UK market (5.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (257.6%), ORIT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.8%), ORIT's dividend payments are covered by cash flows.