Odfjell Dividend

Dividend criteria checks 4/6

Odfjell is a dividend paying company with a current yield of 8.14% that is well covered by earnings.

Key information

8.1%

Dividend yield

49%

Payout ratio

Industry average yield13.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per sharekr2.57
Dividend yield forecast in 3Y9.9%

Recent dividend updates

Recent updates

Odfjell SE's (OB:ODF) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Apr 20
Odfjell SE's (OB:ODF) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Odfjell (OB:ODF) Is Doing The Right Things To Multiply Its Share Price

Apr 13
Odfjell (OB:ODF) Is Doing The Right Things To Multiply Its Share Price

Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?

Mar 28
Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?

Odfjell SE (OB:ODF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr160

Feb 12
Odfjell SE (OB:ODF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr160

Odfjell SE (OB:ODF) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Feb 02
Odfjell SE (OB:ODF) Surges 27% Yet Its Low P/E Is No Reason For Excitement

We Think Odfjell (OB:ODF) Can Stay On Top Of Its Debt

Jan 19
We Think Odfjell (OB:ODF) Can Stay On Top Of Its Debt

Returns Are Gaining Momentum At Odfjell (OB:ODF)

Dec 21
Returns Are Gaining Momentum At Odfjell (OB:ODF)

Does Odfjell (OB:ODF) Deserve A Spot On Your Watchlist?

Oct 07
Does Odfjell (OB:ODF) Deserve A Spot On Your Watchlist?

We Think Odfjell (OB:ODF) Is Taking Some Risk With Its Debt

Aug 25
We Think Odfjell (OB:ODF) Is Taking Some Risk With Its Debt

Is Odfjell (OB:ODF) Using Too Much Debt?

Oct 05
Is Odfjell (OB:ODF) Using Too Much Debt?

We Think Odfjell's (OB:ODF) Profit Is Only A Baseline For What They Can Achieve

Aug 25
We Think Odfjell's (OB:ODF) Profit Is Only A Baseline For What They Can Achieve

New Forecasts: Here's What Analysts Think The Future Holds For Odfjell SE (OB:ODF)

Aug 21
New Forecasts: Here's What Analysts Think The Future Holds For Odfjell SE (OB:ODF)

At kr31.30, Is It Time To Put Odfjell SE (OB:ODF) On Your Watch List?

May 25
At kr31.30, Is It Time To Put Odfjell SE (OB:ODF) On Your Watch List?

We Think Some Shareholders May Hesitate To Increase Odfjell SE's (OB:ODF) CEO Compensation

Apr 28
We Think Some Shareholders May Hesitate To Increase Odfjell SE's (OB:ODF) CEO Compensation

Odfjell (OB:ODF) Use Of Debt Could Be Considered Risky

Jan 24
Odfjell (OB:ODF) Use Of Debt Could Be Considered Risky

What Kind Of Shareholders Hold The Majority In Odfjell SE's (OB:ODF) Shares?

Dec 28
What Kind Of Shareholders Hold The Majority In Odfjell SE's (OB:ODF) Shares?

What Is Odfjell SE's (OB:ODF) Share Price Doing?

Dec 07
What Is Odfjell SE's (OB:ODF) Share Price Doing?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ODF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ODF's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Odfjell Dividend Yield vs Market
How does ODF dividend yield compare to the market?
SegmentDividend Yield
Company (ODF)8.1%
Market Bottom 25% (NO)3.7%
Market Top 25% (NO)7.7%
Industry Average (Shipping)13.8%
Analyst forecast in 3 Years (ODF)9.9%

Notable Dividend: ODF's dividend (8.14%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.73%).

High Dividend: ODF's dividend (8.14%) is in the top 25% of dividend payers in the Norwegian market (7.73%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (48.6%), ODF's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.1%), ODF's dividend payments are well covered by cash flows.


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