NIOX Group Dividend
Dividend criteria checks 2/6
NIOX Group is a dividend paying company with a current yield of 1.52% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
1.5%
Dividend yield
44%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.022 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
NIOX Group's (LON:NIOX) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 05
Are Investors Undervaluing NIOX Group Plc (LON:NIOX) By 28%?
May 17We Think Shareholders Should Be Aware Of Some Factors Beyond NIOX Group's (LON:NIOX) Profit
Apr 03We're Interested To See How Circassia Group (LON:CIR) Uses Its Cash Hoard To Grow
Jan 05Here's What Circassia Group Plc's (LON:CIR) Shareholder Ownership Structure Looks Like
Mar 13Have Insiders Been Buying Circassia Group Plc (LON:CIR) Shares This Year?
Feb 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NIOX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NIOX's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| NIOX Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NIOX) | 1.5% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 6.0% |
| Industry Average (Biotechs) | 1.8% |
| Analyst forecast in 3 Years (NIOX) | 2.3% |
Notable Dividend: NIOX's dividend (1.52%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: NIOX's dividend (1.52%) is low compared to the top 25% of dividend payers in the UK market (6.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), NIOX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), NIOX's dividend payments are well covered by cash flows.