Nexans Dividend
Dividend criteria checks 2/6
Nexans is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
38%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.300 |
| Earnings per share | €6.02 |
| Dividend yield forecast | 2.4% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Nexans Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEX) | 1.8% |
| Market Bottom 25% (AT) | 2.3% |
| Market Top 25% (AT) | 6.5% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast (NEX) (up to 3 years) | 2.4% |
Notable Dividend: NEX's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (2.25%).
High Dividend: NEX's dividend (1.76%) is low compared to the top 25% of dividend payers in the Austrian market (6.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), NEX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), NEX's dividend payments are well covered by cash flows.