Victrex Dividend
Dividend criteria checks 3/6
Victrex is a dividend paying company with a current yield of 3.92% that is well covered by earnings. Next payment date is on 23rd February, 2024 with an ex-dividend date of 25th January, 2024.
Key information
3.9%
Dividend yield
84%
Payout ratio
Industry average yield | 5.1% |
Next dividend pay date | 23 Feb 24 |
Ex dividend date | 25 Jan 24 |
Dividend per share | n/a |
Earnings per share | €0.71 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1OY's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1OY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Victrex Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1OY) | 3.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Chemicals) | 5.1% |
Analyst forecast in 3 Years (1OY) | 6.1% |
Notable Dividend: 1OY's dividend (3.92%) is higher than the bottom 25% of dividend payers in the German market (1.57%).
High Dividend: 1OY's dividend (3.92%) is low compared to the top 25% of dividend payers in the German market (5.1%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), 1OY's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1618%), 1OY's dividend payments are not well covered by cash flows.