Elan Dividends and Buybacks
Dividend criteria checks 3/6
Elan is a dividend paying company with a current yield of 2% that is well covered by earnings. Next payment date is on 25th March, 2025 with an ex-dividend date of 27th December, 2024.
Key information
2.0%
Dividend yield
0.0001%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 16.9% |
| Next dividend pay date | 25 Mar 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | €14.000 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 25E has been paying a dividend for less than 10 years.
Growing Dividend: 25E's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Elan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (25E) | 2.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Healthcare) | 2.7% |
| Analyst forecast (25E) (up to 3 years) | 2.4% |
Notable Dividend: 25E's dividend (2%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 25E's dividend (2%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), 25E's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63%), 25E's dividend payments are covered by cash flows.