Topdanmark Dividend
Dividend criteria checks 1/6
Topdanmark is a dividend paying company with a current yield of 3.15%.
Key information
3.2%
Dividend yield
93%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | DKK 11.500 |
| Earnings per share | DKK 12.38 |
| Dividend yield forecast | 4.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOPC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TOPC has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Topdanmark Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOPC) | 3.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.5% |
| Industry Average (Insurance) | 5.1% |
| Analyst forecast (TOPC) (up to 3 years) | 4.6% |
Notable Dividend: TOPC's dividend (3.15%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: TOPC's dividend (3.15%) is low compared to the top 25% of dividend payers in the UK market (5.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.8%), TOPC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (172.1%), TOPC's dividend payments are not well covered by cash flows.