Novem Group Dividend
Dividend criteria checks 4/6
Novem Group is a dividend paying company with a current yield of 6.83% that is well covered by earnings.
Key information
6.8%
Dividend yield
31%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.27 |
Dividend yield forecast in 3Y | 9.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NVMD's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NVMD's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Novem Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NVMD) | 6.8% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Auto Components) | 3.3% |
Analyst forecast in 3 Years (NVMD) | 9.3% |
Notable Dividend: NVMD's dividend (6.83%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: NVMD's dividend (6.83%) is in the top 25% of dividend payers in the UK market (5.94%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), NVMD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), NVMD's dividend payments are well covered by cash flows.