Elia Group Dividend
Dividend criteria checks 4/6
Elia Group is a dividend paying company with a current yield of 2.14% that is well covered by earnings.
Key information
2.1%
Dividend yield
45%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €4.41 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELIB's dividends per share have been stable in the past 10 years.
Growing Dividend: ELIB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Elia Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ELIB) | 2.1% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.6% |
Industry Average (Electric Utilities) | 5.5% |
Analyst forecast in 3 Years (ELIB) | 2.3% |
Notable Dividend: ELIB's dividend (2.14%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: ELIB's dividend (2.14%) is low compared to the top 25% of dividend payers in the UK market (5.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), ELIB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ELIB is paying a dividend but the company has no free cash flows.