Arteche Lantegi Elkartea Dividend
Dividend criteria checks 2/6
Arteche Lantegi Elkartea is a dividend paying company with a current yield of 2.24% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
2.2%
Dividend yield
50%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 10 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.21 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Investors Appear Satisfied With Arteche Lantegi Elkartea, S.A.'s (BME:ART) Prospects As Shares Rocket 26%
Mar 31
Arteche Lantegi Elkartea (BME:ART) Has Some Way To Go To Become A Multi-Bagger
Mar 22We Think That There Are More Issues For Arteche Lantegi Elkartea (BME:ART) Than Just Sluggish Earnings
Apr 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ART has been paying a dividend for less than 10 years.
Growing Dividend: ART's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Arteche Lantegi Elkartea Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ART) | 2.2% |
| Market Bottom 25% (ES) | 2.3% |
| Market Top 25% (ES) | 5.9% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (ART) | 2.5% |
Notable Dividend: ART's dividend (2.24%) isn’t notable compared to the bottom 25% of dividend payers in the Spanish market (2.28%).
High Dividend: ART's dividend (2.24%) is low compared to the top 25% of dividend payers in the Spanish market (5.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), ART's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.5%), ART's dividend payments are well covered by cash flows.