Azelis Group is a dividend paying company with a current yield of 0.97% that is well covered by earnings. Next payment date is on 2nd July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
1.0%
Dividend yield
30%
Payout ratio
Industry average yield
2.1%
Next dividend pay date
02 Jul 24
Ex dividend date
28 Jun 24
Dividend per share
n/a
Earnings per share
€0.73
Dividend yield forecast in 3Y
1.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2R7 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2R7's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Azelis Group Dividend Yield vs Market
How does 2R7 dividend yield compare to the market?
Segment
Dividend Yield
Company (2R7)
1.0%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Trade Distributors)
2.1%
Analyst forecast in 3 Years (2R7)
1.6%
Notable Dividend: 2R7's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 2R7's dividend (0.97%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 2R7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), 2R7's dividend payments are thoroughly covered by cash flows.