Webstep Dividend
Dividend criteria checks 2/6
Webstep is a dividend paying company with a current yield of 4.59%. Next payment date is on 30th May, 2024 with an ex-dividend date of 21st May, 2024.
Key information
4.6%
Dividend yield
622%
Payout ratio
| Industry average yield | 4.2% |
| Next dividend pay date | 30 May 24 |
| Ex dividend date | 21 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.16 |
| Dividend yield forecast in 3Y | 11.5% |
Recent dividend updates
Webstep (OB:WSTEP) Has Announced That It Will Be Increasing Its Dividend To kr1.70
Apr 28
Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year
Apr 07Webstep (OB:WSTEP) Is Increasing Its Dividend To kr1.70
Feb 19Recent updates
Webstep ASA's (OB:WSTEP) 27% Share Price Surge Not Quite Adding Up
Jan 04Webstep (OB:WSTEP) Is Reinvesting At Lower Rates Of Return
Nov 11Webstep (OB:WSTEP) Has Announced That It Will Be Increasing Its Dividend To kr1.70
Apr 28Webstep (OB:WSTEP) Is Paying Out A Larger Dividend Than Last Year
Apr 07Webstep (OB:WSTEP) Is Increasing Its Dividend To kr1.70
Feb 19Webstep (OB:WSTEP) May Have Issues Allocating Its Capital
Aug 26Estimating The Fair Value Of Webstep ASA (OB:WSTEP)
May 17Investors Could Be Concerned With Webstep's (OB:WSTEP) Returns On Capital
Mar 30Does Webstep ASA's (OB:WSTEP) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Mar 12Can You Imagine How Webstep's (OB:WSTEP) Shareholders Feel About The 17% Share Price Increase?
Feb 22Need To Know: Webstep ASA (OB:WSTEP) Insiders Have Been Buying Shares
Jan 12
Has Webstep (OB:WSTEP) Got What It Takes To Become A Multi-Bagger?
Dec 22Webstep ASA's (OB:WSTEP) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Dec 02Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WSTEP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WSTEP has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Webstep Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WSTEP) | 4.6% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 7.8% |
| Industry Average (IT) | 4.2% |
| Analyst forecast in 3 Years (WSTEP) | 11.5% |
Notable Dividend: WSTEP's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.4%).
High Dividend: WSTEP's dividend (4.59%) is low compared to the top 25% of dividend payers in the Norwegian market (7.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (621.8%), WSTEP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.1%), WSTEP's dividend payments are well covered by cash flows.