Elmera Group Dividend
Dividend criteria checks 2/6
Elmera Group is a dividend paying company with a current yield of 7.38%.
Key information
7.4%
Dividend yield
130%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | kr1.85 |
| Dividend yield forecast in 3Y | 6.9% |
Recent dividend updates
Recent updates
We Think Elmera Group ASA's (OB:ELMRA) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 18
We Like The Quality Of Elmera Group's (OB:ELMRA) Earnings
Feb 22We Think Elmera Group (OB:ELMRA) Is Taking Some Risk With Its Debt
Jan 27Investors Appear Satisfied With Elmera Group ASA's (OB:ELMRA) Prospects As Shares Rocket 25%
Dec 23New Forecasts: Here's What Analysts Think The Future Holds For Elmera Group ASA (OB:ELMRA)
Dec 17Time To Worry? Analysts Are Downgrading Their Elmera Group ASA (OB:ELMRA) Outlook
Jan 20Is It Too Late To Consider Buying Elmera Group ASA (OB:ELMRA)?
Dec 24This Just In: Analysts Are Boosting Their Elmera Group ASA (OB:ELMRA) Outlook for Next Year
Nov 05Is Elmera Group (OB:ELMRA) Using Too Much Debt?
Sep 26Is It Time To Consider Buying Elmera Group ASA (OB:ELMRA)?
Sep 05Some Analysts Just Cut Their Elmera Group ASA (OB:ELMRA) Estimates
May 07Fjordkraft Holding (OB:FKRFT) Has A Pretty Healthy Balance Sheet
Apr 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELMRA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELMRA's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Elmera Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELMRA) | 7.4% |
| Market Bottom 25% (NO) | 3.4% |
| Market Top 25% (NO) | 7.9% |
| Industry Average (Electric Utilities) | 5.4% |
| Analyst forecast in 3 Years (ELMRA) | 6.9% |
Notable Dividend: ELMRA's dividend (7.38%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.45%).
High Dividend: ELMRA's dividend (7.38%) is low compared to the top 25% of dividend payers in the Norwegian market (7.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.9%), ELMRA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.5%), ELMRA's dividend payments are well covered by cash flows.