Norbit Dividend
Dividend criteria checks 3/6
Norbit is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
57%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr2.73 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NORBTO has been paying a dividend for less than 10 years.
Growing Dividend: NORBTO's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Norbit Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NORBTO) | 2.3% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (NORBTO) | 4.3% |
Notable Dividend: NORBTO's dividend (2.3%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: NORBTO's dividend (2.3%) is low compared to the top 25% of dividend payers in the UK market (5.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.6%), NORBTO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.5%), NORBTO's dividend payments are covered by cash flows.