Telenor Dividend
Dividend criteria checks 5/6
Telenor is a dividend paying company with a current yield of 7.21%. Next payment date is on 6th November, 2024 with an ex-dividend date of 18th October, 2024.
Key information
7.2%
Dividend yield
144%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 06 Nov 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | €0.820 |
| Earnings per share | €6.66 |
| Dividend yield forecast | 7.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TEQA's dividends per share have been stable in the past 10 years.
Growing Dividend: TEQA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Telenor Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TEQA) | 7.2% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Telecom) | 2.6% |
| Analyst forecast (TEQA) (up to 3 years) | 7.4% |
Notable Dividend: TEQA's dividend (7.21%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: TEQA's dividend (7.21%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (144.4%), TEQA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.6%), TEQA's dividend payments are covered by cash flows.