Universal Display Dividends and Buybacks
Dividend criteria checks 2/6
Universal Display is a dividend paying company with a current yield of 1.01% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 17th December, 2024.
Key information
1.0%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 23.0% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 17 Dec 24 |
| Dividend per share | €1.600 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, UVD has been paying a dividend for less than 10 years.
Growing Dividend: UVD's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Universal Display Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UVD) | 1.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Semiconductor) | 1.2% |
| Analyst forecast (UVD) (up to 3 years) | 1.1% |
Notable Dividend: UVD's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: UVD's dividend (1.01%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.1%), UVD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), UVD's dividend payments are well covered by cash flows.