audius is a dividend paying company with a current yield of 2.63% that is well covered by earnings. Next payment date is on 1st July, 2024 with an ex-dividend date of 27th June, 2024.
Key information
2.6%
Dividend yield
50%
Payout ratio
Industry average yield
2.3%
Next dividend pay date
01 Jul 24
Ex dividend date
27 Jun 24
Dividend per share
n/a
Earnings per share
€0.70
Dividend yield forecast in 3Y
3.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 3IT has been paying a dividend for less than 10 years.
Growing Dividend: 3IT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
audius Dividend Yield vs Market
How does 3IT dividend yield compare to the market?
Segment
Dividend Yield
Company (3IT)
2.6%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (IT)
2.3%
Analyst forecast in 3 Years (3IT)
3.8%
Notable Dividend: 3IT's dividend (2.63%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 3IT's dividend (2.63%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), 3IT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (416%), 3IT's dividend payments are not well covered by cash flows.