Nexans Dividend
Dividend criteria checks 2/6
Nexans is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.300 |
| Earnings per share | €6.02 |
| Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEXP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEXP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Nexans Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEXP) | 1.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Electrical) | 2.1% |
| Analyst forecast (NEXP) (up to 3 years) | 2.3% |
Notable Dividend: NEXP's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: NEXP's dividend (1.67%) is low compared to the top 25% of dividend payers in the UK market (5.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), NEXP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), NEXP's dividend payments are well covered by cash flows.