What is Rockwool current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Rockwool Dividend Yield vs Market|
|Company (ROCK B)||2.9%|
|Market Bottom 25% (DK)||1.8%|
|Market Top 25% (DK)||6.7%|
|Industry Average (Building)||2.5%|
|Analyst forecast in 3 Years (ROCK B)||3.1%|
Notable Dividend: ROCK B's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Danish market (1.79%).
High Dividend: ROCK B's dividend (2.91%) is low compared to the top 25% of dividend payers in the Danish market (6.72%).
Stability and Growth of Payments
Stable Dividend: ROCK B's dividend payments have been volatile in the past 10 years.
Growing Dividend: ROCK B's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.6%), ROCK B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (194.9%), ROCK B's dividend payments are not well covered by cash flows.