Elecom Dividends and Buybacks
Dividend criteria checks 4/6
Elecom is a dividend paying company with a current yield of 3.36% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.4%
Dividend yield
6.1%
Buyback Yield
| Total Shareholder Yield | 9.5% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 4.6% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.290 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9EL's dividend payments have been volatile in the past 10 years.
Growing Dividend: 9EL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elecom Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9EL) | 3.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Tech) | 1.6% |
| Analyst forecast (9EL) (up to 3 years) | 3.6% |
Notable Dividend: 9EL's dividend (3.36%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: 9EL's dividend (3.36%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.2%), 9EL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.2%), 9EL's dividend payments are well covered by cash flows.