Novozymes Dividend
Dividend criteria checks 3/6
Novozymes is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
88%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$6.51 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NVZM.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: NVZM.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novozymes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NVZM.Y) | 1.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (NVZM.Y) | 1.8% |
Notable Dividend: NVZM.Y's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: NVZM.Y's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88%), NVZM.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.6%), NVZM.Y's dividend payments are not well covered by cash flows.