Odfjell Dividends and Buybacks
Dividend criteria checks 4/6
Odfjell is a dividend paying company with a current yield of 19.43% that is well covered by earnings.
Key information
19.4%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 19.4% |
| Future Dividend Yield | 15.5% |
| Dividend Growth | 24.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 21.913 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ODFB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ODFB's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Odfjell Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ODFB) | 19.4% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 7.6% |
| Industry Average (Shipping) | 13.4% |
| Analyst forecast (ODFB) (up to 3 years) | 15.5% |
Notable Dividend: ODFB's dividend (19.43%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.41%).
High Dividend: ODFB's dividend (19.43%) is in the top 25% of dividend payers in the Norwegian market (7.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.1%), ODFB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.5%), ODFB's dividend payments are well covered by cash flows.