Octopus Renewables Infrastructure Trust Dividend
Dividend criteria checks 2/6
Octopus Renewables Infrastructure Trust is a dividend paying company with a current yield of 7.69%.
Key information
7.7%
Dividend yield
258%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | UK£0.0604 |
Earnings per share | UK£0.023 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08Octopus Renewables Infrastructure Trust (LON:ORIT) Has Affirmed Its Dividend Of £0.015
May 10Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145
Feb 01Recent updates
Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08Octopus Renewables Infrastructure Trust (LON:ORIT) Has Affirmed Its Dividend Of £0.015
May 10Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145
Feb 01Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 09Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Octopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be £0.0131
Feb 03Octopus Renewables Infrastructure Trust (LON:ORIT) Will Pay A Dividend Of £0.0131
Aug 01Stability 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 |
---|
Segment | Dividend Yield |
---|---|
Company (ORIT) | 7.7% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Capital Markets) | 2.9% |
Analyst forecast in 3 Years (ORIT) | 7.9% |
Notable Dividend: ORIT's dividend (7.69%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: ORIT's dividend (7.69%) is in the top 25% of dividend payers in the UK market (5.51%)
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: With its high cash payout ratio (92%), ORIT's dividend payments are not well covered by cash flows.