Dala Energi is a dividend paying company with a current yield of 1.38% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 27th May, 2024.
Key information
1.4%
Dividend yield
34%
Payout ratio
Industry average yield
5.7%
Next dividend pay date
31 May 24
Ex dividend date
27 May 24
Dividend per share
n/a
Earnings per share
kr3.35
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: Whilst dividend payments have been stable, DE has been paying a dividend for less than 10 years.
Growing Dividend: DE's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Dala Energi Dividend Yield vs Market
How does DE dividend yield compare to the market?
Segment
Dividend Yield
Company (DE)
1.4%
Market Bottom 25% (SE)
1.6%
Market Top 25% (SE)
4.4%
Industry Average (Electric Utilities)
5.7%
Analyst forecast in 3 Years (DE)
n/a
Notable Dividend: DE's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.6%).
High Dividend: DE's dividend (1.38%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), DE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17%), DE's dividend payments are well covered by cash flows.