Lindab International is a dividend paying company with a current yield of 2.42% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 15th May, 2024.
Key information
2.4%
Dividend yield
49%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
21 May 24
Ex dividend date
15 May 24
Dividend per share
n/a
Earnings per share
kr11.05
Dividend yield forecast in 3Y
2.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0MWK has been paying a dividend for less than 10 years.
Growing Dividend: 0MWK's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Lindab International Dividend Yield vs Market
How does 0MWK dividend yield compare to the market?
Segment
Dividend Yield
Company (0MWK)
2.4%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Building)
3.3%
Analyst forecast in 3 Years (0MWK)
2.7%
Notable Dividend: 0MWK's dividend (2.42%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0MWK's dividend (2.42%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), 0MWK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), 0MWK's dividend payments are well covered by cash flows.