EDION Dividend
Dividend criteria checks 3/6
EDION is a dividend paying company with a current yield of 2.58% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
2.6%
Dividend yield
45%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | 02 Dec 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | €0.262 |
Earnings per share | €97.61 |
Future Dividend Yield | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9H2's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9H2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
EDION Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (9H2) | 2.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Specialty Retail) | 3.1% |
Analyst forecast (9H2) (up to 3 years) | 2.6% |
Notable Dividend: 9H2's dividend (2.58%) is higher than the bottom 25% of dividend payers in the German market (1.58%).
High Dividend: 9H2's dividend (2.58%) is low compared to the top 25% of dividend payers in the German market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.9%), 9H2's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9H2 is paying a dividend but the company has no free cash flows.