Odfjell Technology Dividend

Dividend criteria checks 3/6

Odfjell Technology is a dividend paying company with a current yield of 4.06% that is well covered by earnings.

Key information

4.1%

Dividend yield

22%

Payout ratio

Industry average yield4.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per sharekr8.72
Dividend yield forecast in 3Y5.5%

Recent dividend updates

Recent updates

The Return Trends At Odfjell Technology (OB:OTL) Look Promising

Dec 20
The Return Trends At Odfjell Technology (OB:OTL) Look Promising

An Intrinsic Calculation For Odfjell Technology Ltd. (OB:OTL) Suggests It's 46% Undervalued

Nov 03
An Intrinsic Calculation For Odfjell Technology Ltd. (OB:OTL) Suggests It's 46% Undervalued

Is There An Opportunity With Odfjell Technology Ltd.'s (OB:OTL) 26% Undervaluation?

Apr 14
Is There An Opportunity With Odfjell Technology Ltd.'s (OB:OTL) 26% Undervaluation?

Earnings Beat: Odfjell Technology Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 22
Earnings Beat: Odfjell Technology Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

We Think That There Are Issues Underlying Odfjell Technology's (OB:OTL) Earnings

Sep 01
We Think That There Are Issues Underlying Odfjell Technology's (OB:OTL) Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether OTL's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if OTL's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Odfjell Technology Dividend Yield vs Market
How does OTL dividend yield compare to the market?
SegmentDividend Yield
Company (OTL)4.1%
Market Bottom 25% (NO)3.3%
Market Top 25% (NO)7.7%
Industry Average (Energy Services)4.2%
Analyst forecast in 3 Years (OTL)5.5%

Notable Dividend: OTL's dividend (4.06%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.31%).

High Dividend: OTL's dividend (4.06%) is low compared to the top 25% of dividend payers in the Norwegian market (7.75%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.8%), OTL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.7%), OTL's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.