Okeanis Eco Tankers Dividend
Dividend criteria checks 3/6
Okeanis Eco Tankers is a dividend paying company with a current yield of 12.21%. Next payment date is on 25th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
12.2%
Dividend yield
n/a
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 25 Jun 24 |
| Ex dividend date | 04 Jun 24 |
| Dividend per share | NOK 4.360 |
| Earnings per share | NOK 4.20 |
| Dividend yield forecast | 14.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OETO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OETO's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Okeanis Eco Tankers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OETO) | 12.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Oil and Gas) | 5.0% |
| Analyst forecast (OETO) (up to 3 years) | 14.5% |
Notable Dividend: OETO's dividend (12.21%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: OETO's dividend (12.21%) is in the top 25% of dividend payers in the UK market (5.71%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate OETO's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84%), OETO's dividend payments are covered by cash flows.