Odfjell Drilling Dividends and Buybacks
Dividend criteria checks 6/6
Odfjell Drilling is a dividend paying company with a current yield of 5.43% that is well covered by earnings.
Key information
5.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 18.1% |
| Dividend Growth | 21.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.240 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ODFJ.F's dividends per share have been stable in the past 10 years.
Growing Dividend: ODFJ.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Odfjell Drilling Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ODFJ.F) | 5.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Energy Services) | 2.2% |
| Analyst forecast (ODFJ.F) (up to 3 years) | 18.1% |
Notable Dividend: ODFJ.F's dividend (5.43%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: ODFJ.F's dividend (5.43%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.6%), ODFJ.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.3%), ODFJ.F's dividend payments are well covered by cash flows.