Odfjell Drilling Dividend
Dividend criteria checks 5/6
Odfjell Drilling is a dividend paying company with a current yield of 4.37% that is well covered by earnings.
Key information
4.4%
Dividend yield
24%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.98 |
Dividend yield forecast in 3Y | 9.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OD3's dividends per share have been stable in the past 10 years.
Growing Dividend: OD3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Odfjell Drilling Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OD3) | 4.4% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Energy Services) | 3.7% |
Analyst forecast in 3 Years (OD3) | 9.5% |
Notable Dividend: OD3's dividend (4.37%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: OD3's dividend (4.37%) is low compared to the top 25% of dividend payers in the German market (4.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), OD3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.9%), OD3's dividend payments are well covered by cash flows.