Food & Life Companies is a dividend paying company with a current yield of 0.95% that is well covered by earnings. Next payment date is on 23rd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
0.9%
Dividend yield
23%
Payout ratio
Industry average yield
1.7%
Next dividend pay date
23 Dec 24
Ex dividend date
27 Sep 24
Dividend per share
n/a
Earnings per share
€102.14
Dividend yield forecast in 3Y
1.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2G0 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2G0's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Food & Life Companies Dividend Yield vs Market
How does 2G0 dividend yield compare to the market?
Segment
Dividend Yield
Company (2G0)
0.9%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Hospitality)
1.7%
Analyst forecast in 3 Years (2G0)
1.4%
Notable Dividend: 2G0's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 2G0's dividend (0.95%) is low compared to the top 25% of dividend payers in the German market (4.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.5%), 2G0's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), 2G0's dividend payments are thoroughly covered by cash flows.