Kitron Dividend
Dividend criteria checks 2/6
Kitron is a dividend paying company with a current yield of 2.53% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 26th April, 2024.
Key information
2.5%
Dividend yield
26%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 26 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.26 |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75
Apr 20
Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Mar 14Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Feb 21Recent updates
Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75
Apr 20Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now
Apr 19Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Mar 14Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Feb 21Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report
Feb 18Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%
Dec 20What Is Kitron ASA's (OB:KIT) Share Price Doing?
Dec 14These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Oct 26Are Investors Undervaluing Kitron ASA (OB:KIT) By 23%?
Aug 23Kitron (OB:KIT) Is Reinvesting To Multiply In Value
Jul 16Is Now The Time To Put Kitron (OB:KIT) On Your Watchlist?
Jul 04Forecast: Analysts Think Kitron ASA's (OB:KIT) Business Prospects Have Improved Drastically
May 03What Is Kitron ASA's (OB:KIT) Share Price Doing?
Feb 16Capital Allocation Trends At Kitron (OB:KIT) Aren't Ideal
Apr 29Kitron (OB:KIT) Has Announced That Its Dividend Will Be Reduced To kr0.25
Apr 01Is Kitron (OB:KIT) Using Too Much Debt?
Oct 19Here's Why I Think Kitron (OB:KIT) Might Deserve Your Attention Today
Jun 10Kitron (OB:KIT) Knows How To Allocate Capital Effectively
May 30Is There An Opportunity With Kitron ASA's (OB:KIT) 21% Undervaluation?
May 17We Take A Look At Why Kitron ASA's (OB:KIT) CEO Has Earned Their Pay Packet
Apr 14These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Apr 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KIT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KIT's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Kitron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KIT) | 2.5% |
| Market Bottom 25% (NO) | 3.7% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Electronic) | 2.0% |
| Analyst forecast in 3 Years (KIT) | 5.1% |
Notable Dividend: KIT's dividend (2.53%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.73%).
High Dividend: KIT's dividend (2.53%) is low compared to the top 25% of dividend payers in the Norwegian market (7.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), KIT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.7%), KIT's dividend payments are well covered by cash flows.