Ocean Bio-Chem Dividend
Dividend criteria checks 1/6
Ocean Bio-Chem is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
27%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OBC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OBC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Ocean Bio-Chem Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OBC) | 1.2% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Household Products) | 2.6% |
Analyst forecast in 3 Years (OBC) | n/a |
Notable Dividend: OBC's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: OBC's dividend (1.23%) is low compared to the top 25% of dividend payers in the German market (5.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), OBC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OBC is paying a dividend but the company has no free cash flows.