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
64%
Payout ratio
Industry average yield
14.8%
Next dividend pay date
09 Oct 24
Ex dividend date
01 Oct 24
Dividend per share
n/a
Earnings per share
Mex$1.87
Dividend yield forecast in 3Y
5.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does NESTE N dividend yield compare to the market?
Segment
Dividend Yield
Company (NESTE N)
4.7%
Market Bottom 25% (MX)
2.4%
Market Top 25% (MX)
6.6%
Industry Average (Oil and Gas)
14.8%
Analyst forecast in 3 Years (NESTE N)
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.