Elopak Dividends and Buybacks
Dividend criteria checks 3/6
Elopak is a dividend paying company with a current yield of 3.39% that is well covered by earnings.
Key information
3.4%
Dividend yield
0.09%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 30.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 1.460 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ELOO has been paying a dividend for less than 10 years.
Growing Dividend: ELOO's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Elopak Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELOO) | 3.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Packaging) | 3.4% |
| Analyst forecast (ELOO) (up to 3 years) | 4.3% |
Notable Dividend: ELOO's dividend (3.39%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: ELOO's dividend (3.39%) is low compared to the top 25% of dividend payers in the UK market (5.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.7%), ELOO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), ELOO's dividend payments are well covered by cash flows.