Odfjell Technology Dividends and Buybacks
Dividend criteria checks 4/6
Odfjell Technology is a dividend paying company with a current yield of 12.58% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
12.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 12.6% |
| Future Dividend Yield | 13.0% |
| Dividend Growth | 88.6% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | NOK 6.080 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0ABV has been paying a dividend for less than 10 years.
Growing Dividend: 0ABV's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Odfjell Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0ABV) | 12.6% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Energy Services) | 4.0% |
| Analyst forecast (0ABV) (up to 3 years) | 13.0% |
Notable Dividend: 0ABV's dividend (12.58%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0ABV's dividend (12.58%) is in the top 25% of dividend payers in the UK market (5.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), 0ABV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.3%), 0ABV's dividend payments are well covered by cash flows.