NORMA Group Dividend
Dividend criteria checks 3/6
NORMA Group is a dividend paying company with a current yield of 3.51% that is well covered by earnings.
Key information
3.5%
Dividend yield
61%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.89 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOEJD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NOEJD has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
NORMA Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NOEJD) | 3.5% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (Machinery) | 2.2% |
Analyst forecast in 3 Years (NOEJD) | 4.6% |
Notable Dividend: NOEJD's dividend (3.51%) is higher than the bottom 25% of dividend payers in the UK market (2.22%).
High Dividend: NOEJD's dividend (3.51%) is low compared to the top 25% of dividend payers in the UK market (5.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), NOEJD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.9%), NOEJD's dividend payments are well covered by cash flows.