K-Bro Linen is a dividend paying company with a current yield of 3.52% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.5%
Dividend yield
73%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
14 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€1.67
Dividend yield forecast in 3Y
3.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 74R's dividends per share have been stable in the past 10 years.
Growing Dividend: 74R's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
K-Bro Linen Dividend Yield vs Market
How does 74R dividend yield compare to the market?
Segment
Dividend Yield
Company (74R)
3.5%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.6%
Industry Average (Commercial Services)
3.8%
Analyst forecast in 3 Years (74R)
3.5%
Notable Dividend: 74R's dividend (3.52%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: 74R's dividend (3.52%) is low compared to the top 25% of dividend payers in the German market (4.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.2%), 74R's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.5%), 74R's dividend payments are well covered by cash flows.