Neste Oyj Dividends and Buybacks
Dividend criteria checks 4/6
Neste Oyj is a dividend paying company with a current yield of 4.67% that is well covered by earnings. Next payment date is on 9th October, 2024 with an ex-dividend date of 1st October, 2024.
Key information
4.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 0.2% |
| Next dividend pay date | 09 Oct 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | Mex$1.200 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NESTE N's dividends per share have been stable in the past 10 years.
Growing Dividend: NESTE N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Neste Oyj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NESTE N) | 4.7% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Oil and Gas) | 14.3% |
| Analyst forecast (NESTE N) (up to 3 years) | 5.0% |
Notable Dividend: NESTE N's dividend (4.67%) is higher than the bottom 25% of dividend payers in the MX market (2.23%).
High Dividend: NESTE N's dividend (4.67%) is low compared to the top 25% of dividend payers in the MX market (6.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), NESTE N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.6%), NESTE N's dividend payments are not well covered by cash flows.