Noble Dividends and Buybacks
Dividend criteria checks 2/6
Noble is a dividend paying company with a current yield of 5.65% that is well covered by earnings.
Key information
5.6%
Dividend yield
5.7%
Buyback Yield
| Total Shareholder Yield | 11.3% |
| Future Dividend Yield | 9.1% |
| Dividend Growth | 60.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 2.000 |
| Payout ratio | 49% |
Recent dividend and buyback 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) | 5.9% |
| Industry Average (Energy Services) | 4.0% |
| Analyst forecast (NOBLE) (up to 3 years) | 9.1% |
Notable Dividend: NOBLE's dividend (5.65%) is higher than the bottom 25% of dividend payers in the Danish market (1.47%).
High Dividend: NOBLE's dividend (5.65%) is low compared to the top 25% of dividend payers in the Danish market (5.93%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), NOBLE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.1%), NOBLE's dividend payments are not well covered by cash flows.