Elon Dividend
Dividend criteria checks 4/6
Elon is a dividend paying company with a current yield of 4.72% that is well covered by earnings.
Key information
4.7%
Dividend yield
74%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | SEK 1.250 |
| Earnings per share | SEK 1.69 |
| Dividend yield forecast | n/a |
Recent dividend updates
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) | 4.7% |
| Market Bottom 25% (SE) | 1.5% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (Specialty Retail) | 4.0% |
| Analyst forecast (ELON) (up to 3 years) | n/a |
Notable Dividend: ELON's dividend (4.72%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: ELON's dividend (4.72%) is in the top 25% of dividend payers in the Swedish market (4.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), ELON's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.2%), ELON's dividend payments are thoroughly covered by cash flows.