Reach Subsea Dividends and Buybacks
Dividend criteria checks 3/6
Reach Subsea is a dividend paying company with a current yield of 4.75% that is well covered by earnings.
Key information
4.7%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 6.6% |
| Dividend Growth | 31.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 0.360 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Reach Subsea's (OB:REACH) Shareholders Will Receive A Bigger Dividend Than Last Year
May 30
Reach Subsea (OB:REACH) Has Announced That It Will Be Increasing Its Dividend To NOK0.36
Apr 25Reach Subsea's (OB:REACH) Dividend Will Be Increased To NOK0.36
Feb 17Recent updates
Insufficient Growth At Reach Subsea ASA (OB:REACH) Hampers Share Price
Dec 06Reach Subsea's (OB:REACH) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 04Here's Why We Think Reach Subsea (OB:REACH) Might Deserve Your Attention Today
Aug 06Subdued Growth No Barrier To Reach Subsea ASA (OB:REACH) With Shares Advancing 26%
Jun 26Does Reach Subsea (OB:REACH) Have A Healthy Balance Sheet?
Jun 22Reach Subsea's (OB:REACH) Shareholders Will Receive A Bigger Dividend Than Last Year
May 30We Discuss Why The CEO Of Reach Subsea ASA (OB:REACH) Is Due For A Pay Rise
May 24Reach Subsea (OB:REACH) Has Announced That It Will Be Increasing Its Dividend To NOK0.36
Apr 25Reach Subsea's (OB:REACH) Performance Is Even Better Than Its Earnings Suggest
Feb 22Reach Subsea's (OB:REACH) Dividend Will Be Increased To NOK0.36
Feb 17Party Time: One Broker Just Made Major Increases To Their Reach Subsea ASA (OB:REACH) Earnings Forecast
Nov 13News Flash: Analysts Just Made A Notable Upgrade To Their Reach Subsea ASA (OB:REACH) Forecasts
Aug 27Is Now The Time To Put Reach Subsea (OB:REACH) On Your Watchlist?
Aug 25With EPS Growth And More, Reach Subsea (OB:REACH) Is Interesting
Feb 08The Trend Of High Returns At Reach Subsea (OB:REACH) Has Us Very Interested
Jul 20Reach Subsea ASA's (OB:REACH) CEO Looks Due For A Compensation Raise
Jun 04We Discuss Why Reach Subsea ASA's (OB:REACH) CEO May Deserve A Higher Pay Packet
May 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: REACH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: REACH's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Reach Subsea Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (REACH) | 4.7% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.9% |
| Industry Average (Energy Services) | 5.7% |
| Analyst forecast (REACH) (up to 3 years) | 6.6% |
Notable Dividend: REACH's dividend (4.75%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.32%).
High Dividend: REACH's dividend (4.75%) is low compared to the top 25% of dividend payers in the Norwegian market (7.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.2%), REACH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), REACH's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reach Subsea ASA is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Glenn Lodden | DNB Markets |
| Øystein Vaagen | Fearnley Securities |
| Magnus Andersen | Fearnley Securities |