Nordnet Dividend
Dividend criteria checks 2/6
Nordnet is a dividend paying company with a current yield of 2.96% that is well covered by earnings.
Key information
3.0%
Dividend yield
68%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €7.200 |
| Earnings per share | €10.64 |
| Dividend yield forecast | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9JL has been paying a dividend for less than 10 years.
Growing Dividend: 9JL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Nordnet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9JL) | 3.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Capital Markets) | 2.6% |
| Analyst forecast (9JL) (up to 3 years) | 3.4% |
Notable Dividend: 9JL's dividend (2.96%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: 9JL's dividend (2.96%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), 9JL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9JL is paying a dividend but the company has no free cash flows.