Novozymes is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 3rd May, 2024 with an ex-dividend date of 1st May, 2024.
Key information
1.6%
Dividend yield
88%
Payout ratio
Industry average yield
1.7%
Next dividend pay date
03 May 24
Ex dividend date
01 May 24
Dividend per share
n/a
Earnings per share
CHF6.51
Dividend yield forecast in 3Y
1.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NZYMB's dividends per share have been stable in the past 10 years.
Growing Dividend: NZYMB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novozymes Dividend Yield vs Market
How does NZYMB dividend yield compare to the market?
Segment
Dividend Yield
Company (NZYMB)
1.6%
Market Bottom 25% (CH)
2.0%
Market Top 25% (CH)
4.2%
Industry Average (Chemicals)
1.7%
Analyst forecast in 3 Years (NZYMB)
1.9%
Notable Dividend: NZYMB's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (2.04%).
High Dividend: NZYMB's dividend (1.62%) is low compared to the top 25% of dividend payers in the Swiss market (4.15%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88%), NZYMB's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.6%), NZYMB's dividend payments are not well covered by cash flows.