GoodBulk Dividend
Dividend criteria checks 2/6
GoodBulk is a dividend paying company with a current yield of 10831.5%.
Key information
10,831.5%
Dividend yield
6,433.6%
Buyback Yield
| Total Shareholder Yield | 17,265.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NOK 7.500 |
| Payout ratio | 578% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BULK's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BULK's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| GoodBulk Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BULK) | 10,831.5% |
| Market Bottom 25% (NO) | 3.3% |
| Market Top 25% (NO) | 7.5% |
| Industry Average (Shipping) | 13.6% |
| Analyst forecast (BULK) (up to 3 years) | n/a |
Notable Dividend: BULK's dividend (10831.5%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.47%).
High Dividend: BULK's dividend (10831.5%) is in the top 25% of dividend payers in the Norwegian market (7.66%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (577.6%), BULK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate BULK's cash payout ratio to determine if its dividend payments are covered by cash flows.