Elon Dividend
Dividend criteria checks 3/6
Elon is a dividend paying company with a current yield of 4.46%. Next payment date is on 15th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
4.5%
Dividend yield
-112%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | -kr1.12 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ELON's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ELON's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Elon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELON) | 4.5% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (Specialty Retail) | 3.5% |
| Analyst forecast in 3 Years (ELON) | n/a |
Notable Dividend: ELON's dividend (4.46%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: ELON's dividend (4.46%) is in the top 25% of dividend payers in the Swedish market (4.33%)
Earnings Payout to Shareholders
Earnings Coverage: ELON is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.4%), ELON's dividend payments are thoroughly covered by cash flows.