Eastnine Dividend
Dividend criteria checks 2/6
Eastnine is a dividend paying company with a current yield of 2.8%. Next payment date is on 30th August, 2024 with an ex-dividend date of 26th August, 2024.
Key information
2.8%
Dividend yield
-17%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 30 Aug 24 |
| Ex dividend date | 26 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | -€2.49 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, O06 has been paying a dividend for less than 10 years.
Growing Dividend: O06's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Eastnine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (O06) | 2.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Real Estate) | 3.4% |
| Analyst forecast in 3 Years (O06) | 3.6% |
Notable Dividend: O06's dividend (2.8%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: O06's dividend (2.8%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: O06 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.3%), O06's dividend payments are covered by cash flows.