P/F Bakkafrost is a dividend paying company with a current yield of 2.08% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.1%
Dividend yield
54%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
21 May 24
Ex dividend date
02 May 24
Dividend per share
n/a
Earnings per share
€16.15
Dividend yield forecast in 3Y
3.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6BF's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6BF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
P/F Bakkafrost Dividend Yield vs Market
How does 6BF dividend yield compare to the market?
Segment
Dividend Yield
Company (6BF)
2.1%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Food)
3.8%
Analyst forecast in 3 Years (6BF)
3.3%
Notable Dividend: 6BF's dividend (2.08%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 6BF's dividend (2.08%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), 6BF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6BF is paying a dividend but the company has no free cash flows.