Nokian Renkaat Oyj Dividend
Dividend criteria checks 2/6
Nokian Renkaat Oyj is a dividend paying company with a current yield of 6.22%.
Key information
6.2%
Dividend yield
1,285%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.550 |
| Earnings per share | €0.043 |
| Dividend yield forecast | 6.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NRE's dividend payments have been volatile in the past 10 years.
Growing Dividend: NRE's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Nokian Renkaat Oyj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NRE) | 6.2% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Auto Components) | 3.2% |
| Analyst forecast (NRE) (up to 3 years) | 6.4% |
Notable Dividend: NRE's dividend (6.22%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: NRE's dividend (6.22%) is in the top 25% of dividend payers in the German market (4.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1285.2%), NRE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NRE is paying a dividend but the company has no free cash flows.