Euroland Corporate Société anonyme

ENXTPA:MLERO Stock Report

Market Cap: €8.1m

Euroland Société anonyme Dividend

Dividend criteria checks 2/6

Euroland Société anonyme is a dividend paying company with a current yield of 4.93% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 31st May, 2024.

Key information

4.9%

Dividend yield

75%

Payout ratio

Industry average yield3.2%
Next dividend pay date04 Jun 24
Ex dividend date31 May 24
Dividend per sharen/a
Earnings per share€0.23
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateMay 31 2024Dividend Pay DateJun 04 20244 days from Ex DividendBuy in the next 30 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MLERO has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MLERO has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Euroland Société anonyme Dividend Yield vs Market
How does MLERO dividend yield compare to the market?
SegmentDividend Yield
Company (MLERO)4.9%
Market Bottom 25% (FR)1.9%
Market Top 25% (FR)5.2%
Industry Average (Diversified Financial)3.2%
Analyst forecast in 3 Years (MLERO)n/a

Notable Dividend: MLERO's dividend (4.93%) is higher than the bottom 25% of dividend payers in the French market (1.92%).

High Dividend: MLERO's dividend (4.93%) is low compared to the top 25% of dividend payers in the French market (5.22%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (75.2%), MLERO's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate MLERO's cash payout ratio to determine if its dividend payments are covered by cash flows.


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