Noble Dividend
Dividend criteria checks 3/6
Noble is a dividend paying company with a current yield of 5.63% that is well covered by earnings.
Key information
5.6%
Dividend yield
35%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 2.000 |
| Earnings per share | DKK 3.58 |
| Dividend yield forecast | 9.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NOBLE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NOBLE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Noble Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOBLE) | 5.6% |
| Market Bottom 25% (DK) | 1.5% |
| Market Top 25% (DK) | 5.5% |
| Industry Average (Energy Services) | 4.2% |
| Analyst forecast (NOBLE) (up to 3 years) | 9.4% |
Notable Dividend: NOBLE's dividend (5.63%) is higher than the bottom 25% of dividend payers in the Danish market (1.47%).
High Dividend: NOBLE's dividend (5.63%) is in the top 25% of dividend payers in the Danish market (5.52%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), NOBLE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (295.2%), NOBLE's dividend payments are not well covered by cash flows.