Zotefoams Dividends and Buybacks
Dividend criteria checks 3/6
Zotefoams is a dividend paying company with a current yield of 1.84% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
1.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.1% |
| Dividend Growth | -0.6% |
| Next dividend pay date | 03 Jun 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | €0.0718 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 23Z's dividend payments have been volatile in the past 10 years.
Growing Dividend: 23Z's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zotefoams Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (23Z) | 1.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 5.3% |
| Analyst forecast (23Z) (up to 3 years) | 2.1% |
Notable Dividend: 23Z's dividend (1.84%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 23Z's dividend (1.84%) is low compared to the top 25% of dividend payers in the German market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.8%), 23Z's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 23Z is paying a dividend but the company has no free cash flows.