Drillcon Dividend
Dividend criteria checks 4/6
Drillcon is a dividend paying company with a current yield of 4.05% that is well covered by earnings. Next payment date is on 23rd May, 2024 with an ex-dividend date of 17th May, 2024.
Key information
4.0%
Dividend yield
53%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 23 May 24 |
| Ex dividend date | 17 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.47 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is Drillcon (STO:DRIL) Using Too Much Debt?
Dec 13
Is Drillcon (STO:DRIL) Using Too Much Debt?
Aug 01Drillcon (STO:DRIL) Is Finding It Tricky To Allocate Its Capital
Jul 04We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt
Jan 14Here's Why Drillcon (STO:DRIL) Can Afford Some Debt
Sep 20Drillcon (STO:DRIL) Will Want To Turn Around Its Return Trends
Dec 29Drillcon (STO:DRIL) Could Be Struggling To Allocate Capital
Aug 16A Look At The Fair Value Of Drillcon AB (publ) (STO:DRIL)
May 29We Like These Underlying Return On Capital Trends At Drillcon (STO:DRIL)
May 05Is Drillcon AB (publ)'s (STO:DRIL) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 14Is Drillcon (STO:DRIL) Using Too Much Debt?
Feb 15Returns On Capital - An Important Metric For Drillcon (STO:DRIL)
Jan 20Is Weakness In Drillcon AB (publ) (STO:DRIL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 13Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DRIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Drillcon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DRIL) | 4.0% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (Metals and Mining) | 4.0% |
| Analyst forecast in 3 Years (DRIL) | n/a |
Notable Dividend: DRIL's dividend (4.05%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: DRIL's dividend (4.05%) is low compared to the top 25% of dividend payers in the Swedish market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), DRIL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), DRIL's dividend payments are well covered by cash flows.