Prevas is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
3.5%
Dividend yield
55%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
22 May 24
Ex dividend date
16 May 24
Dividend per share
n/a
Earnings per share
kr8.63
Dividend yield forecast in 3Y
4.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0H2J has been paying a dividend for less than 10 years.
Growing Dividend: 0H2J's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Prevas Dividend Yield vs Market
How does 0H2J dividend yield compare to the market?
Segment
Dividend Yield
Company (0H2J)
3.5%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.7%
Industry Average (IT)
2.6%
Analyst forecast in 3 Years (0H2J)
4.4%
Notable Dividend: 0H2J's dividend (3.48%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: 0H2J's dividend (3.48%) is low compared to the top 25% of dividend payers in the UK market (5.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55%), 0H2J's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37%), 0H2J's dividend payments are well covered by cash flows.