Nokian Renkaat Oyj Dividend
Dividend criteria checks 2/6
Nokian Renkaat Oyj is a dividend paying company with a current yield of 6.06%.
Key information
6.1%
Dividend yield
607%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.091 |
Dividend yield forecast in 3Y | 6.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NKRK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: NKRK.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Nokian Renkaat Oyj Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NKRK.F) | 6.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Auto Components) | 2.1% |
Analyst forecast in 3 Years (NKRK.F) | 6.0% |
Notable Dividend: NKRK.F's dividend (6.06%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: NKRK.F's dividend (6.06%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (607.1%), NKRK.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NKRK.F is paying a dividend but the company has no free cash flows.