Novem Group Dividend
Dividend criteria checks 4/6
Novem Group is a dividend paying company with a current yield of 6.99% that is well covered by earnings.
Key information
7.0%
Dividend yield
38%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.81 |
Dividend yield forecast in 3Y | 9.2% |
Recent dividend updates
Recent updates
Novem Group's (ETR:NVM) Soft Earnings Are Actually Better Than They Appear
Jun 08It's Down 25% But Novem Group S.A. (ETR:NVM) Could Be Riskier Than It Looks
Mar 19Novem Group's (ETR:NVM) Returns On Capital Not Reflecting Well On The Business
Sep 20Shareholders Can Be Confident That Novem Group's (ETR:NVM) Earnings Are High Quality
Feb 23Novem Group S.A. (ETR:NVM) Released Earnings Last Week And Analysts Lifted Their Price Target To €16.17
Feb 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NVM has been paying a dividend for less than 10 years.
Growing Dividend: NVM has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Novem Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NVM) | 7.0% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Auto Components) | 3.3% |
Analyst forecast in 3 Years (NVM) | 9.2% |
Notable Dividend: NVM's dividend (6.99%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: NVM's dividend (6.99%) is in the top 25% of dividend payers in the German market (4.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), NVM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), NVM's dividend payments are well covered by cash flows.