Dampskibsselskabet Norden Dividend
Dividend criteria checks 4/6
Dampskibsselskabet Norden is a dividend paying company with a current yield of 11.8% that is well covered by earnings.
Key information
11.8%
Dividend yield
49%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr.10.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DNORDC's dividend payments have been volatile in the past 10 years.
Growing Dividend: DNORDC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Dampskibsselskabet Norden Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DNORDC) | 11.8% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Shipping) | 5.4% |
Analyst forecast in 3 Years (DNORDC) | n/a |
Notable Dividend: DNORDC's dividend (11.8%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: DNORDC's dividend (11.8%) is in the top 25% of dividend payers in the UK market (5.59%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), DNORDC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (135.6%), DNORDC's dividend payments are not well covered by cash flows.