What is SalMar current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|SalMar Dividend Yield vs Market|
|Market Bottom 25% (NO)||3.7%|
|Market Top 25% (NO)||7.4%|
|Industry Average (Food)||4.5%|
|Analyst forecast in 3 Years (SALM)||5.5%|
Notable Dividend: SALM's dividend (6.01%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.71%).
High Dividend: SALM's dividend (6.01%) is low compared to the top 25% of dividend payers in the Norwegian market (7.37%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: SALM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SALM's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), SALM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.2%), SALM's dividend payments are not well covered by cash flows.