Nordic Group Dividend
Dividend criteria checks 4/6
Nordic Group is a dividend paying company with a current yield of 5.04% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
5.0%
Dividend yield
40%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | S$0.04 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Nordic Group's (SGX:MR7) Problems Go Beyond Weak Profit
Apr 18
Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly
Apr 03Investors Met With Slowing Returns on Capital At Nordic Group (SGX:MR7)
Dec 14Here's Why We Think Nordic Group (SGX:MR7) Is Well Worth Watching
Oct 17Nordic Group (SGX:MR7) Seems To Use Debt Rather Sparingly
May 28Nordic Group (SGX:MR7) Will Be Hoping To Turn Its Returns On Capital Around
Nov 19Investors Could Be Concerned With Nordic Group's (SGX:MR7) Returns On Capital
May 05Nordic Group (SGX:MR7) Seems To Use Debt Quite Sensibly
Mar 16Nordic Group Limited (SGX:MR7) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Feb 23Our Take On The Returns On Capital At Nordic Group (SGX:MR7)
Jan 19Would Shareholders Who Purchased Nordic Group's (SGX:MR7) Stock Three Years Be Happy With The Share price Today?
Dec 23
These 4 Measures Indicate That Nordic Group (SGX:MR7) Is Using Debt Reasonably Well
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MR7's dividend payments have been volatile in the past 10 years.
Growing Dividend: MR7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nordic Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MR7) | 5.0% |
| Market Bottom 25% (SG) | 2.8% |
| Market Top 25% (SG) | 6.2% |
| Industry Average (Construction) | 4.4% |
| Analyst forecast in 3 Years (MR7) | n/a |
Notable Dividend: MR7's dividend (5.04%) is higher than the bottom 25% of dividend payers in the SG market (2.77%).
High Dividend: MR7's dividend (5.04%) is low compared to the top 25% of dividend payers in the SG market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), MR7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.4%), MR7's dividend payments are covered by cash flows.