Novem Group Dividend
Dividend criteria checks 4/6
Novem Group is a dividend paying company with a current yield of 6.97% that is well covered by earnings.
Key information
7.0%
Dividend yield
38%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.06 |
Dividend yield forecast in 3Y | 10.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0ABP has been paying a dividend for less than 10 years.
Growing Dividend: 0ABP has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Novem Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0ABP) | 7.0% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Auto Components) | 3.4% |
Analyst forecast in 3 Years (0ABP) | 10.6% |
Notable Dividend: 0ABP's dividend (6.97%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: 0ABP's dividend (6.97%) is in the top 25% of dividend payers in the UK market (5.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.7%), 0ABP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.9%), 0ABP's dividend payments are well covered by cash flows.