2020 Bulkers Dividends and Buybacks
Dividend criteria checks 3/6
2020 Bulkers is a dividend paying company with a current yield of 6.19% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 19th November, 2024.
Key information
6.2%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | 13.9% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | NOK 0.820 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
2020 Bulkers Ltd.'s (OB:2020) Intrinsic Value Is Potentially 59% Above Its Share Price
Oct 01
2020 Bulkers Ltd. Just Beat Revenue Estimates By 112%
Aug 18Revenue Beat: 2020 Bulkers Ltd. Exceeded Revenue Forecasts By 111% And Analysts Are Updating Their Estimates
May 11Does 2020 Bulkers (OB:2020) Have A Healthy Balance Sheet?
Apr 12Need To Know: Analysts Just Made A Substantial Cut To Their 2020 Bulkers Ltd. (OB:2020) Estimates
Aug 13Investors Will Want 2020 Bulkers' (OB:2020) Growth In ROCE To Persist
Feb 25Here's Why 2020 Bulkers (OB:2020) Has A Meaningful Debt Burden
Feb 02The Trend Of High Returns At 2020 Bulkers (OB:2020) Has Us Very Interested
Oct 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2020 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2020's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| 2020 Bulkers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2020) | 6.2% |
| Market Bottom 25% (NO) | 3.5% |
| Market Top 25% (NO) | 7.7% |
| Industry Average (Shipping) | 13.5% |
| Analyst forecast (2020) (up to 3 years) | 13.9% |
Notable Dividend: 2020's dividend (6.19%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.48%).
High Dividend: 2020's dividend (6.19%) is low compared to the top 25% of dividend payers in the Norwegian market (7.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), 2020's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.6%), 2020's dividend payments are well covered by cash flows.