Veidekke Dividend
Dividend criteria checks 4/6
Veidekke is a dividend paying company with a current yield of 6.88%. Next payment date is on 22nd May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
6.9%
Dividend yield
100%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | 22 May 24 |
Ex dividend date | 08 May 24 |
Dividend per share | n/a |
Earnings per share | €7.93 |
Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VK4's dividend payments have been volatile in the past 10 years.
Growing Dividend: VK4's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Veidekke Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VK4) | 6.9% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Construction) | 3.9% |
Analyst forecast in 3 Years (VK4) | 7.8% |
Notable Dividend: VK4's dividend (6.88%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: VK4's dividend (6.88%) is in the top 25% of dividend payers in the German market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.7%), VK4's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), VK4's dividend payments are covered by cash flows.