NOROO PAINT & COATINGS Dividend
Dividend criteria checks 3/6
NOROO PAINT & COATINGS is a dividend paying company with a current yield of 3.36% that is well covered by earnings.
Key information
3.4%
Dividend yield
21%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₩1.51k |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A090355 has been paying a dividend for less than 10 years.
Growing Dividend: A090355's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
NOROO PAINT & COATINGS Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (A090355) | 3.4% |
Market Bottom 25% (KR) | 1.0% |
Market Top 25% (KR) | 3.6% |
Industry Average (Chemicals) | 1.6% |
Analyst forecast in 3 Years (A090355) | n/a |
Notable Dividend: A090355's dividend (3.36%) is higher than the bottom 25% of dividend payers in the KR market (1.05%).
High Dividend: A090355's dividend (3.36%) is low compared to the top 25% of dividend payers in the KR market (3.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.3%), A090355's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13%), A090355's dividend payments are thoroughly covered by cash flows.