Norbit Dividend
Dividend criteria checks 2/6
Norbit is a dividend paying company with a current yield of 2.19% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
2.2%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 16 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr3.09 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Norbit's (OB:NORBT) Dividend Will Be Increased To NOK2.55
Apr 26
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 10Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK0.70
Apr 02Recent updates
We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation
Apr 30Norbit's (OB:NORBT) Dividend Will Be Increased To NOK2.55
Apr 26Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 10If EPS Growth Is Important To You, Norbit (OB:NORBT) Presents An Opportunity
Oct 19Norbit (OB:NORBT) Could Become A Multi-Bagger
Aug 19Here's Why Norbit (OB:NORBT) Has Caught The Eye Of Investors
May 11Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK0.70
Apr 02Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 11Norbit (OB:NORBT) Has Announced That It Will Be Increasing Its Dividend To NOK0.70
Feb 18These 4 Measures Indicate That Norbit (OB:NORBT) Is Using Debt Reasonably Well
Dec 08Norbit (OB:NORBT) Is Experiencing Growth In Returns On Capital
Nov 05A Look At The Fair Value Of Norbit ASA (OB:NORBT)
May 11Is It Time To Consider Buying Norbit ASA (OB:NORBT)?
Sep 30Upgrade: Analysts Just Made A Sizeable Increase To Their Norbit ASA (OB:NORBT) Forecasts
Aug 17Investors Could Be Concerned With Norbit's (OB:NORBT) Returns On Capital
Aug 14Here's Why Norbit (OB:NORBT) Has A Meaningful Debt Burden
Apr 16The Returns At Norbit (OB:NORBT) Provide Us With Signs Of What's To Come
Mar 17Declining Stock and Decent Financials: Is The Market Wrong About Norbit ASA (OB:NORBT)?
Mar 02Group Chief Executive Officer Per Weisethaunet Just Bought A Handful Of Shares In Norbit ASA (OB:NORBT)
Feb 13
Should You Buy Norbit ASA (OB:NORBT) For Its Dividend?
Feb 02Is Norbit (OB:NORBT) Using Too Much Debt?
Jan 15If You Had Bought Norbit's (OB:NORBT) Shares A Year Ago You Would Be Down 11%
Dec 28Can Norbit (OB:NORBT) Continue To Grow Its Returns On Capital?
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NORBT has been paying a dividend for less than 10 years.
Growing Dividend: NORBT's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Norbit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NORBT) | 2.2% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Electronic) | 2.0% |
| Analyst forecast in 3 Years (NORBT) | 4.2% |
Notable Dividend: NORBT's dividend (2.19%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.34%).
High Dividend: NORBT's dividend (2.19%) is low compared to the top 25% of dividend payers in the Norwegian market (7.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), NORBT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.9%), NORBT's dividend payments are well covered by cash flows.