Nokian Renkaat Oyj Dividend
Dividend criteria checks 2/6
Nokian Renkaat Oyj is a dividend paying company with a current yield of 6.73%.
Key information
6.7%
Dividend yield
1,308%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.042 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NRE1's dividend payments have been volatile in the past 10 years.
Growing Dividend: NRE1's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Nokian Renkaat Oyj Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NRE1) | 6.7% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.8% |
Industry Average (Auto Components) | 3.4% |
Analyst forecast in 3 Years (NRE1) | 6.8% |
Notable Dividend: NRE1's dividend (6.73%) is higher than the bottom 25% of dividend payers in the Austrian market (1.9%).
High Dividend: NRE1's dividend (6.73%) is in the top 25% of dividend payers in the Austrian market (5.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1307.5%), NRE1's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NRE1 is paying a dividend but the company has no free cash flows.