Elia Group Dividend
Dividend criteria checks 3/6
Elia Group is a dividend paying company with a current yield of 1.95% that is well covered by earnings.
Key information
2.0%
Dividend yield
43%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.990 |
| Earnings per share | €4.67 |
| Dividend yield forecast | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0NTU's dividends per share have been stable in the past 10 years.
Growing Dividend: 0NTU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elia Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0NTU) | 2.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.4% |
| Industry Average (Electric Utilities) | 4.3% |
| Analyst forecast (0NTU) (up to 3 years) | 2.1% |
Notable Dividend: 0NTU's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: 0NTU's dividend (1.95%) is low compared to the top 25% of dividend payers in the UK market (5.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.6%), 0NTU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0NTU is paying a dividend but the company has no free cash flows.