Novem Group Dividend
Dividend criteria checks 4/6
Novem Group is a dividend paying company with a current yield of 7.02% that is well covered by earnings.
Key information
7.0%
Dividend yield
38%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | €1.06 |
| Dividend yield forecast in 3Y | 10.7% |
Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NVM) | 7.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Auto Components) | 3.0% |
| Analyst forecast in 3 Years (NVM) | 10.7% |
Notable Dividend: NVM's dividend (7.02%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: NVM's dividend (7.02%) is in the top 25% of dividend payers in the German market (4.78%)
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 (26.9%), NVM's dividend payments are well covered by cash flows.