Thule Group Dividend
Dividend criteria checks 3/6
Thule Group is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Next payment date is on 6th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
3.1%
Dividend yield
89%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 06 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | kr10.63 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0R3W has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0R3W's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Thule Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (0R3W) | 3.1% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.8% |
Industry Average (Leisure) | 3.4% |
Analyst forecast in 3 Years (0R3W) | 3.9% |
Notable Dividend: 0R3W's dividend (3.14%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0R3W's dividend (3.14%) is low compared to the top 25% of dividend payers in the UK market (5.82%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.1%), 0R3W's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), 0R3W's dividend payments are covered by cash flows.