Borr Drilling Dividend
Dividend criteria checks 2/6
Borr Drilling is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
28%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NOK 0.17 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BORRO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BORRO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Borr Drilling Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BORRO) | 2.4% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Energy Services) | 3.9% |
Analyst forecast in 3 Years (BORRO) | 5.2% |
Notable Dividend: BORRO's dividend (2.36%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: BORRO's dividend (2.36%) is low compared to the top 25% of dividend payers in the UK market (5.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), BORRO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BORRO is paying a dividend but the company has no free cash flows.