Develop North Dividends and Buybacks
Dividend criteria checks 2/6
Develop North is a dividend paying company with a current yield of 5.13% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
5.1%
Dividend yield
7.3%
Buyback Yield
| Total Shareholder Yield | 12.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.2% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | UK£0.040 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Develop North (LON:DVNO) Will Pay A Dividend Of £0.01
Jun 04
Develop North (LON:DVNO) Will Pay A Dividend Of £0.01
Nov 26Develop North (LON:DVNO) Has Announced A Dividend Of £0.01
Sep 02Develop North (LON:DVNO) Has Affirmed Its Dividend Of £0.01
Jun 03Develop North (LON:DVNO) Is Due To Pay A Dividend Of £0.01
Sep 02Develop North (LON:DVNO) Is Due To Pay A Dividend Of UK£0.01
Jun 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DVNO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DVNO has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Develop North Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DVNO) | 5.1% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Diversified Financial) | 6.6% |
| Analyst forecast (DVNO) (up to 3 years) | n/a |
Notable Dividend: DVNO's dividend (5.13%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: DVNO's dividend (5.13%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.9%), DVNO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (135.6%), DVNO's dividend payments are not well covered by cash flows.