Reach Subsea Dividends and Buybacks
Dividend criteria checks 3/6
Reach Subsea is a dividend paying company with a current yield of 3.81% that is well covered by earnings.
Key information
3.8%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 29.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 0.360 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0EMB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0EMB's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Reach Subsea Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0EMB) | 3.8% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Energy Services) | 4.0% |
| Analyst forecast (0EMB) (up to 3 years) | 5.3% |
Notable Dividend: 0EMB's dividend (3.81%) is higher than the bottom 25% of dividend payers in the UK market (2.14%).
High Dividend: 0EMB's dividend (3.81%) is low compared to the top 25% of dividend payers in the UK market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), 0EMB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), 0EMB's dividend payments are thoroughly covered by cash flows.