Dynagreen Environmental Protection Group Dividend
Dividend criteria checks 4/6
Dynagreen Environmental Protection Group is a dividend paying company with a current yield of 5.77% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.8%
Dividend yield
33%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 30 Jun 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.45 |
| Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DYN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DYN's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Dynagreen Environmental Protection Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DYN) | 5.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Commercial Services) | 4.3% |
| Analyst forecast in 3 Years (DYN) | 5.8% |
Notable Dividend: DYN's dividend (5.77%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: DYN's dividend (5.77%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), DYN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.8%), DYN's dividend payments are covered by cash flows.