ErreDue Dividend
Dividend criteria checks 2/6
ErreDue is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.224 |
| Earnings per share | €0.54 |
| Dividend yield forecast | 2.0% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether Z9H's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if Z9H's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| ErreDue Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Z9H) | 2.6% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (Z9H) (up to 3 years) | 2.0% |
Notable Dividend: Z9H's dividend (2.57%) is higher than the bottom 25% of dividend payers in the German market (1.56%).
High Dividend: Z9H's dividend (2.57%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), Z9H's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate Z9H's cash payout ratio to determine if its dividend payments are covered by cash flows.