Nordic Lights Group Oyj Dividends and Buybacks
Dividend criteria checks 2/6
Nordic Lights Group Oyj is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
-12.3%
Buyback Yield
| Total Shareholder Yield | -10.4% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 63% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NORDLIG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NORDLIG's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Nordic Lights Group Oyj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NORDLIG) | 1.9% |
| Market Bottom 25% (FI) | 2.8% |
| Market Top 25% (FI) | 6.2% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast (NORDLIG) (up to 3 years) | 1.9% |
Notable Dividend: NORDLIG's dividend (1.91%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.64%).
High Dividend: NORDLIG's dividend (1.91%) is low compared to the top 25% of dividend payers in the Finnish market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.7%), NORDLIG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.5%), NORDLIG's dividend payments are well covered by cash flows.