Detroit Legal News Dividend
Dividend criteria checks 2/6
Detroit Legal News is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
10%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$49.63 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DTRL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DTRL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Detroit Legal News Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DTRL) | 2.4% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Media) | 2.9% |
Analyst forecast in 3 Years (DTRL) | n/a |
Notable Dividend: DTRL's dividend (2.38%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: DTRL's dividend (2.38%) is low compared to the top 25% of dividend payers in the US market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.1%), DTRL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate DTRL's cash payout ratio to determine if its dividend payments are covered by cash flows.