Arla Plast Dividend
Dividend criteria checks 3/6
Arla Plast is a dividend paying company with a current yield of 2.75% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
2.8%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr3.19 |
| Dividend yield forecast in 3Y | 3.1% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARPL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ARPL has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Arla Plast Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARPL) | 2.8% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.5% |
| Industry Average (Chemicals) | 2.8% |
| Analyst forecast in 3 Years (ARPL) | 3.1% |
Notable Dividend: ARPL's dividend (2.75%) is higher than the bottom 25% of dividend payers in the Swedish market (1.6%).
High Dividend: ARPL's dividend (2.75%) is low compared to the top 25% of dividend payers in the Swedish market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), ARPL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.5%), ARPL's dividend payments are well covered by cash flows.