Octopus Renewables Infrastructure Trust plc

LSE:ORIT Stock Report

Market Cap: UK£399.4m

Octopus Renewables Infrastructure Trust Dividend

Dividend criteria checks 3/6

Octopus Renewables Infrastructure Trust is a dividend paying company with a current yield of 8.2%.

Key information

8.2%

Dividend yield

258%

Payout ratio

Industry average yield3.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUK£0.022
Dividend yield forecast in 3Y8.8%

Recent dividend updates

Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145

Feb 01
Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145

Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 09
Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145

Feb 01
Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145

Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 09
Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year

May 12
Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year

Octopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be £0.0131

Feb 03
Octopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be £0.0131

Octopus Renewables Infrastructure Trust (LON:ORIT) Will Pay A Dividend Of £0.0131

Aug 01
Octopus Renewables Infrastructure Trust (LON:ORIT) Will Pay A Dividend Of £0.0131

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, ORIT has been paying a dividend for less than 10 years.

Growing Dividend: ORIT'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
How does ORIT dividend yield compare to the market?
SegmentDividend Yield
Company (ORIT)8.2%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.0%
Industry Average (Capital Markets)3.2%
Analyst forecast in 3 Years (ORIT)8.8%

Notable Dividend: ORIT's dividend (8.2%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).

High Dividend: ORIT's dividend (8.2%) is in the top 25% of dividend payers in the UK market (6.02%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (257.6%), ORIT's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (88.8%), ORIT's dividend payments are covered by cash flows.


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