Novozymes Dividend
Dividend criteria checks 3/6
Novozymes is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
88%
Payout ratio
Industry average yield | 12.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | Mex$6.300 |
Earnings per share | Mex$6.51 |
Dividend yield forecast | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NSIS N's dividends per share have been stable in the past 10 years.
Growing Dividend: NSIS N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novozymes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NSIS N) | 1.7% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 7.1% |
Industry Average (Chemicals) | 12.7% |
Analyst forecast (NSIS N) (up to 3 years) | 2.1% |
Notable Dividend: NSIS N's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.14%).
High Dividend: NSIS N's dividend (1.67%) is low compared to the top 25% of dividend payers in the MX market (6.26%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88%), NSIS N's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.6%), NSIS N's dividend payments are not well covered by cash flows.