2020 Bulkers Dividends and Buybacks
Dividend criteria checks 4/6
2020 Bulkers is a dividend paying company with a current yield of 12.84% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 19th November, 2024.
Key information
12.8%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 12.6% |
| Future Dividend Yield | 17.0% |
| Dividend Growth | 7.1% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | €1.460 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0FF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0FF's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| 2020 Bulkers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0FF) | 12.8% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Shipping) | 6.2% |
| Analyst forecast (0FF) (up to 3 years) | 17.0% |
Notable Dividend: 0FF's dividend (12.84%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 0FF's dividend (12.84%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), 0FF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), 0FF's dividend payments are covered by cash flows.