Greencoat UK Wind Dividend

Dividend criteria checks 5/6

Greencoat UK Wind is a dividend paying company with a current yield of 9.8%. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.

Key information

9.8%

Dividend yield

184%

Payout ratio

Industry average yield3.2%
Next dividend pay date31 May 24
Ex dividend date16 May 24
Dividend per sharen/a
Earnings per shareUK£0.055
Dividend yield forecast in 3Y7.6%

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayMay 02 2024Ex Dividend DateMay 16 2024Dividend Pay DateMay 31 202415 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: UKW's dividends per share have been stable in the past 10 years.

Growing Dividend: UKW's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Greencoat UK Wind Dividend Yield vs Market
How does UKW dividend yield compare to the market?
SegmentDividend Yield
Company (UKW)9.8%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)5.8%
Industry Average (Capital Markets)3.2%
Analyst forecast in 3 Years (UKW)7.6%

Notable Dividend: UKW's dividend (9.8%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).

High Dividend: UKW's dividend (9.8%) is in the top 25% of dividend payers in the UK market (5.78%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (183.7%), UKW's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (87.4%), UKW's dividend payments are covered by cash flows.

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