Elopak Dividend
Dividend criteria checks 3/6
Elopak is a dividend paying company with a current yield of 4.18% that is well covered by earnings. Next payment date is on 28th May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
4.2%
Dividend yield
51%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | 28 May 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.25 |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Elopak (OB:ELO) Is Increasing Its Dividend To €1.46
Apr 22
Elopak (OB:ELO) Has Announced That It Will Be Increasing Its Dividend To €1.46
Feb 26Recent updates
Elopak (OB:ELO) Is Increasing Its Dividend To €1.46
Apr 22Shareholders Can Be Confident That Elopak's (OB:ELO) Earnings Are High Quality
Apr 18Elopak (OB:ELO) Has Announced That It Will Be Increasing Its Dividend To €1.46
Feb 26Elopak (OB:ELO) Is Looking To Continue Growing Its Returns On Capital
Feb 21Is Elopak (OB:ELO) Using Too Much Debt?
Jan 25Elopak (OB:ELO) Might Have The Makings Of A Multi-Bagger
Nov 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ELO has been paying a dividend for less than 10 years.
Growing Dividend: ELO's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Elopak Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELO) | 4.2% |
| Market Bottom 25% (NO) | 3.7% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Packaging) | 3.5% |
| Analyst forecast in 3 Years (ELO) | 4.5% |
Notable Dividend: ELO's dividend (4.18%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.73%).
High Dividend: ELO's dividend (4.18%) is low compared to the top 25% of dividend payers in the Norwegian market (7.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.3%), ELO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.2%), ELO's dividend payments are well covered by cash flows.