Odfjell Drilling Dividend
Dividend criteria checks 5/6
Odfjell Drilling is a dividend paying company with a current yield of 6.29% that is well covered by earnings.
Key information
6.3%
Dividend yield
13%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr0.95 |
Dividend yield forecast in 3Y | 13.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ODLO's dividend payments have been volatile in the past 10 years.
Growing Dividend: ODLO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Odfjell Drilling Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ODLO) | 6.3% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 6.0% |
Industry Average (Energy Services) | 3.6% |
Analyst forecast in 3 Years (ODLO) | 13.6% |
Notable Dividend: ODLO's dividend (6.29%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: ODLO's dividend (6.29%) is in the top 25% of dividend payers in the UK market (5.98%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), ODLO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.9%), ODLO's dividend payments are well covered by cash flows.