Nexans Dividend
Dividend criteria checks 4/6
Nexans is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
51%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | Mex$4.12 |
| Dividend yield forecast | 3.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEX N's dividend payments have been volatile in the past 10 years.
Growing Dividend: NEX N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nexans Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEX N) | 2.9% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Electrical) | 0% |
| Analyst forecast (NEX N) (up to 3 years) | 3.0% |
Notable Dividend: NEX N's dividend (2.86%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: NEX N's dividend (2.86%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.8%), NEX N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.4%), NEX N's dividend payments are well covered by cash flows.