Octopus Renewables Infrastructure Trust Dividends and Buybacks
Dividend criteria checks 3/6
Octopus Renewables Infrastructure Trust is a dividend paying company with a current yield of 8.24%. Next payment date is on 29th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
8.2%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 8.5% |
| Future Dividend Yield | 8.5% |
| Dividend Growth | 20.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | UK£0.0604 |
| Payout ratio | 181% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ORITL has been paying a dividend for less than 10 years.
Growing Dividend: ORITL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Octopus Renewables Infrastructure Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORITL) | 8.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Capital Markets) | 2.9% |
| Analyst forecast (ORITL) (up to 3 years) | 8.5% |
Notable Dividend: ORITL's dividend (8.24%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: ORITL's dividend (8.24%) is in the top 25% of dividend payers in the UK market (5.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (180.7%), ORITL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.2%), ORITL's dividend payments are covered by cash flows.