Aegean Airlines is a dividend paying company with a current yield of 5.95% that is well covered by earnings. Next payment date is on 27th May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
6.0%
Dividend yield
40%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
27 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€1.89
Dividend yield forecast in 3Y
6.1%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0OHY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0OHY's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Aegean Airlines Dividend Yield vs Market
How does 0OHY dividend yield compare to the market?
Segment
Dividend Yield
Company (0OHY)
6.0%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Airlines)
2.2%
Analyst forecast in 3 Years (0OHY)
6.1%
Notable Dividend: 0OHY's dividend (5.95%) is higher than the bottom 25% of dividend payers in the UK market (2.12%).
High Dividend: 0OHY's dividend (5.95%) is in the top 25% of dividend payers in the UK market (5.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 0OHY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.3%), 0OHY's dividend payments are well covered by cash flows.