Odfjell Drilling Dividends and Buybacks
Dividend criteria checks 5/6
Odfjell Drilling is a dividend paying company with a current yield of 5.23% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
5.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 17.4% |
| Dividend Growth | 22.2% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | NOK 2.673 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0QHX's dividends per share have been stable in the past 10 years.
Growing Dividend: 0QHX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Odfjell Drilling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0QHX) | 5.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Energy Services) | 4.5% |
| Analyst forecast (0QHX) (up to 3 years) | 17.4% |
Notable Dividend: 0QHX's dividend (5.23%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0QHX's dividend (5.23%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.6%), 0QHX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.3%), 0QHX's dividend payments are well covered by cash flows.