Odfjell Technology Dividends and Buybacks
Dividend criteria checks 4/6
Odfjell Technology is a dividend paying company with a current yield of 12.9% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
12.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 12.9% |
| Future Dividend Yield | 13.3% |
| Dividend Growth | 88.5% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | NOK 6.080 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Is Odfjell Technology (OB:OTL) A Risky Investment?
Aug 06
The Return Trends At Odfjell Technology (OB:OTL) Look Promising
Dec 20An Intrinsic Calculation For Odfjell Technology Ltd. (OB:OTL) Suggests It's 46% Undervalued
Nov 03Is There An Opportunity With Odfjell Technology Ltd.'s (OB:OTL) 26% Undervaluation?
Apr 14Earnings Beat: Odfjell Technology Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 22We Think That There Are Issues Underlying Odfjell Technology's (OB:OTL) Earnings
Sep 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, OTL has been paying a dividend for less than 10 years.
Growing Dividend: OTL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Odfjell Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OTL) | 12.9% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Energy Services) | 5.5% |
| Analyst forecast (OTL) (up to 3 years) | 13.3% |
Notable Dividend: OTL's dividend (12.9%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.34%).
High Dividend: OTL's dividend (12.9%) is in the top 25% of dividend payers in the Norwegian market (7.62%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), OTL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.3%), OTL's dividend payments are well covered by cash flows.