Norbit is a dividend paying company with a current yield of 2.23% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
2.2%
Dividend yield
50%
Payout ratio
Industry average yield
1.9%
Next dividend pay date
16 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
€3.09
Dividend yield forecast in 3Y
4.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4NK has been paying a dividend for less than 10 years.
Growing Dividend: 4NK's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Norbit Dividend Yield vs Market
How does 4NK dividend yield compare to the market?
Segment
Dividend Yield
Company (4NK)
2.2%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Electronic)
1.9%
Analyst forecast in 3 Years (4NK)
4.3%
Notable Dividend: 4NK's dividend (2.23%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 4NK's dividend (2.23%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), 4NK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.9%), 4NK's dividend payments are well covered by cash flows.