Deutsche Rohstoff is a dividend paying company with a current yield of 4.01% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 19th June, 2024.
Key information
4.0%
Dividend yield
13%
Payout ratio
Industry average yield
3.2%
Next dividend pay date
21 Jun 24
Ex dividend date
19 Jun 24
Dividend per share
n/a
Earnings per share
€13.01
Dividend yield forecast in 3Y
3.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DR0 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DR0's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Deutsche Rohstoff Dividend Yield vs Market
How does DR0 dividend yield compare to the market?
Segment
Dividend Yield
Company (DR0)
4.0%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Oil and Gas)
3.2%
Analyst forecast in 3 Years (DR0)
3.7%
Notable Dividend: DR0's dividend (4.01%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: DR0's dividend (4.01%) 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 (13.4%), DR0's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DR0 is paying a dividend but the company has no free cash flows.