Ultimate Products is a dividend paying company with a current yield of 4.3% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
4.3%
Dividend yield
51%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
28 Jun 24
Ex dividend date
30 May 24
Dividend per share
n/a
Earnings per share
€0.14
Dividend yield forecast in 3Y
5.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3DJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3DJ's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Ultimate Products Dividend Yield vs Market
How does 3DJ dividend yield compare to the market?
Segment
Dividend Yield
Company (3DJ)
4.3%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Retail Distributors)
2.6%
Analyst forecast in 3 Years (3DJ)
5.6%
Notable Dividend: 3DJ's dividend (4.3%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 3DJ's dividend (4.3%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), 3DJ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), 3DJ's dividend payments are well covered by cash flows.