Wonderful Times Group Dividend
Dividend criteria checks 2/6
Wonderful Times Group is a dividend paying company with a current yield of 3.49%. Next payment date is on 31st May, 2024 with an ex-dividend date of 27th May, 2024.
Key information
3.5%
Dividend yield
404%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 27 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Calculating The Fair Value Of Wonderful Times Group AB (publ) (NGM:WTG)
Jan 13
Here's Why We Think Wonderful Times Group (NGM:WTG) Is Well Worth Watching
Nov 02Does Wonderful Times Group (NGM:WTG) Deserve A Spot On Your Watchlist?
Jun 24Wonderful Times Group AB (publ)'s (NGM:WTG) 4.3% Dividend Yield Looks Pretty Interesting
Apr 06Wonderful Times Group's (NGM:WTG) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 01Are Robust Financials Driving The Recent Rally In Wonderful Times Group AB (publ)'s (NGM:WTG) Stock?
Jan 28
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WTG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WTG has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Wonderful Times Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WTG) | 3.5% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (Leisure) | 3.4% |
| Analyst forecast in 3 Years (WTG) | n/a |
Notable Dividend: WTG's dividend (3.49%) is higher than the bottom 25% of dividend payers in the Swedish market (1.57%).
High Dividend: WTG's dividend (3.49%) is low compared to the top 25% of dividend payers in the Swedish market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (404.4%), WTG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.2%), WTG's dividend payments are covered by cash flows.