Telenor Dividend
Dividend criteria checks 5/6
Telenor is a dividend paying company with a current yield of 7.04%. Next payment date is on 6th November, 2024 with an ex-dividend date of 18th October, 2024.
Key information
7.0%
Dividend yield
144%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | 06 Nov 24 |
| Ex dividend date | 18 Oct 24 |
| Dividend per share | US$0.887 |
| Earnings per share | US$6.66 |
| Dividend yield forecast | 7.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TELN.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: TELN.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Telenor Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TELN.Y) | 7.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Telecom) | 5.6% |
| Analyst forecast (TELN.Y) (up to 3 years) | 7.3% |
Notable Dividend: TELN.Y's dividend (7.04%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: TELN.Y's dividend (7.04%) is in the top 25% of dividend payers in the US market (4.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (144.4%), TELN.Y's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.6%), TELN.Y's dividend payments are covered by cash flows.