Novozymes Dividend
Dividend criteria checks 3/6
Novozymes is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 3rd May, 2024 with an ex-dividend date of 1st May, 2024.
Key information
1.6%
Dividend yield
88%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 03 May 24 |
Ex dividend date | 01 May 24 |
Dividend per share | n/a |
Earnings per share | kr.6.51 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0Q4U's dividends per share have been stable in the past 10 years.
Growing Dividend: 0Q4U's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novozymes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0Q4U) | 1.6% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Chemicals) | 3.0% |
Analyst forecast in 3 Years (0Q4U) | 1.9% |
Notable Dividend: 0Q4U's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0Q4U's dividend (1.62%) is low compared to the top 25% of dividend payers in the UK market (5.75%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88%), 0Q4U's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.6%), 0Q4U's dividend payments are not well covered by cash flows.