Gofore Oyj Dividends and Buybacks
Dividend criteria checks 2/6
Gofore Oyj is a dividend paying company with a current yield of 1.68% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GOFORH has been paying a dividend for less than 10 years.
Growing Dividend: GOFORH's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Gofore Oyj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GOFORH) | 1.7% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (IT) | 3.3% |
| Analyst forecast (GOFORH) (up to 3 years) | 3.1% |
Notable Dividend: GOFORH's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: GOFORH's dividend (1.68%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), GOFORH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), GOFORH's dividend payments are well covered by cash flows.