Odfjell Drilling Dividends and Buybacks
Dividend criteria checks 5/6
Odfjell Drilling is a dividend paying company with a current yield of 5.25% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
5.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 17.5% |
| Dividend Growth | 22.2% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | NOK 2.673 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Odfjell Drilling (OB:ODL) Than Just Sluggish Earnings
Nov 13
Results: Odfjell Drilling Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 10There Is A Reason Odfjell Drilling Ltd.'s (OB:ODL) Price Is Undemanding
Oct 29We Think Odfjell Drilling (OB:ODL) Can Stay On Top Of Its Debt
Sep 27Estimating The Fair Value Of Odfjell Drilling Ltd. (OB:ODL)
Aug 23Odfjell Drilling (OB:ODL) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 28Odfjell Drilling (OB:ODL) Has A Pretty Healthy Balance Sheet
Apr 03Odfjell Drilling Ltd. (OB:ODL) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 18Odfjell Drilling (OB:ODL) Seems To Use Debt Quite Sensibly
Dec 15Industry Analysts Just Upgraded Their Odfjell Drilling Ltd. (OB:ODL) Revenue Forecasts By 13%
Sep 02Is Odfjell Drilling (OB:ODL) Using Too Much Debt?
Aug 05Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Apr 04Odfjell Drilling Ltd. (OB:ODL) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jan 19Here's Why Odfjell Drilling (OB:ODL) Has A Meaningful Debt Burden
Dec 09Odfjell Drilling Ltd.'s (OB:ODL) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 15Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Aug 26Returns At Odfjell Drilling (OB:ODL) Appear To Be Weighed Down
Mar 30Time To Worry? Analysts Are Downgrading Their Odfjell Drilling Ltd. (OB:ODL) Outlook
Mar 03These 4 Measures Indicate That Odfjell Drilling (OB:ODL) Is Using Debt In A Risky Way
Mar 02Odfjell Drilling (OB:ODL) Might Have The Makings Of A Multi-Bagger
Dec 21Does Odfjell Drilling (OB:ODL) Have A Healthy Balance Sheet?
Oct 30Returns At Odfjell Drilling (OB:ODL) Appear To Be Weighed Down
Sep 02Here's Why Odfjell Drilling (OB:ODL) Is Weighed Down By Its Debt Load
Jul 13It's Probably Less Likely That Odfjell Drilling Ltd.'s (OB:ODL) CEO Will See A Huge Pay Rise This Year
Jun 16Odfjell Drilling's (OB:ODL) Returns Have Hit A Wall
May 04Does Odfjell Drilling (OB:ODL) Have A Healthy Balance Sheet?
Apr 05Do Odfjell Drilling's (OB:ODL) Earnings Warrant Your Attention?
Mar 09If You Had Bought Odfjell Drilling (OB:ODL) Stock Five Years Ago, You Could Pocket A 268% Gain Today
Feb 16
Is Odfjell Drilling (OB:ODL) Struggling?
Jan 21These 4 Measures Indicate That Odfjell Drilling (OB:ODL) Is Using Debt In A Risky Way
Dec 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ODL's dividends per share have been stable in the past 10 years.
Growing Dividend: ODL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Odfjell Drilling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ODL) | 5.3% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Energy Services) | 7.0% |
| Analyst forecast (ODL) (up to 3 years) | 17.5% |
Notable Dividend: ODL's dividend (5.25%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.34%).
High Dividend: ODL's dividend (5.25%) is low compared to the top 25% of dividend payers in the Norwegian market (7.62%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.6%), ODL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.3%), ODL's dividend payments are well covered by cash flows.