Arterra Bioscience Dividend
Dividend criteria checks 2/6
Arterra Bioscience is a dividend paying company with a current yield of 5.15% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.2%
Dividend yield
68%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 08 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.15 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ARBS has been paying a dividend for less than 10 years.
Growing Dividend: ARBS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Arterra Bioscience Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARBS) | 5.2% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.7% |
| Industry Average (Biotechs) | 1.8% |
| Analyst forecast in 3 Years (ARBS) | n/a |
Notable Dividend: ARBS's dividend (5.15%) is higher than the bottom 25% of dividend payers in the Italian market (1.93%).
High Dividend: ARBS's dividend (5.15%) is low compared to the top 25% of dividend payers in the Italian market (5.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), ARBS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate ARBS's cash payout ratio to determine if its dividend payments are covered by cash flows.