North Energy Dividend
Dividend criteria checks 2/6
North Energy is a dividend paying company with a current yield of 4.5% that is well covered by earnings.
Key information
4.5%
Dividend yield
48%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | kr0.21 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NORTH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NORTH has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
North Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NORTH) | 4.5% |
Market Bottom 25% (NO) | 3.4% |
Market Top 25% (NO) | 7.8% |
Industry Average (Capital Markets) | 3.1% |
Analyst forecast in 3 Years (NORTH) | n/a |
Notable Dividend: NORTH's dividend (4.5%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.4%).
High Dividend: NORTH's dividend (4.5%) is low compared to the top 25% of dividend payers in the Norwegian market (7.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.6%), NORTH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NORTH is paying a dividend but the company has no free cash flows.