Elis is a dividend paying company with a current yield of 2.01% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 27th May, 2024.
Key information
2.0%
Dividend yield
38%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
29 May 24
Ex dividend date
27 May 24
Dividend per share
n/a
Earnings per share
€1.12
Dividend yield forecast in 3Y
2.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0RA8 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0RA8's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Elis Dividend Yield vs Market
How does 0RA8 dividend yield compare to the market?
Segment
Dividend Yield
Company (0RA8)
2.0%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.8%
Industry Average (Commercial Services)
2.2%
Analyst forecast in 3 Years (0RA8)
2.9%
Notable Dividend: 0RA8's dividend (2.01%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0RA8's dividend (2.01%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), 0RA8's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.1%), 0RA8's dividend payments are well covered by cash flows.