Arctic Paper Dividend
Dividend criteria checks 4/6
Arctic Paper is a dividend paying company with a current yield of 4.57% that is well covered by earnings. Next payment date is on 18th June, 2024 with an ex-dividend date of 11th June, 2024.
Key information
4.6%
Dividend yield
31%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 18 Jun 24 |
| Ex dividend date | 11 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | kr3.20 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ARP's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Arctic Paper Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARP) | 4.6% |
| Market Bottom 25% (SE) | 1.4% |
| Market Top 25% (SE) | 4.2% |
| Industry Average (Forestry) | 3.0% |
| Analyst forecast in 3 Years (ARP) | 4.6% |
Notable Dividend: ARP's dividend (4.57%) is higher than the bottom 25% of dividend payers in the Swedish market (1.41%).
High Dividend: ARP's dividend (4.57%) is in the top 25% of dividend payers in the Swedish market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.2%), ARP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31%), ARP's dividend payments are well covered by cash flows.