Investment AB Öresund Dividend
Dividend criteria checks 2/6
Investment AB Öresund is a dividend paying company with a current yield of 6.38%. Next payment date is on 24th October, 2024 with an ex-dividend date of 18th October, 2024.
Key information
6.4%
Dividend yield
116%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 24 Oct 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | n/a |
| Earnings per share | kr6.02 |
| Dividend yield forecast in 3Y | 6.4% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ORES has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ORES's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Investment AB Öresund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORES) | 6.4% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (Diversified Financial) | 1.7% |
| Analyst forecast in 3 Years (ORES) | 6.4% |
Notable Dividend: ORES's dividend (6.38%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: ORES's dividend (6.38%) is in the top 25% of dividend payers in the Swedish market (4.33%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.3%), ORES's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (180.4%), ORES's dividend payments are not well covered by cash flows.