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Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Forward Dividend Yield % : 2.41% (As of May. 21, 2024)


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What is Dampskibsselskabet NORDEN A/S Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of Dampskibsselskabet NORDEN A/S is 2.41%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of Dampskibsselskabet NORDEN A/S is 9.62%.

OCSE:DNORD's Forward Dividend Yield % is ranked worse than
61.8% of 623 companies
in the Transportation industry
Industry Median: 3.2 vs OCSE:DNORD: 2.41

Dampskibsselskabet NORDEN A/S's Dividends per Share for the three months ended in Mar. 2024 was kr11.89.

During the past 12 months, Dampskibsselskabet NORDEN A/S's average Dividends Per Share Growth Rate was -47.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 204.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dampskibsselskabet NORDEN A/S was 234.70% per year. The lowest was -32.30% per year. And the median was 7.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Dampskibsselskabet NORDEN A/S's Forward Dividend Yield %

For the Marine Shipping subindustry, Dampskibsselskabet NORDEN A/S's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dampskibsselskabet NORDEN A/S's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dampskibsselskabet NORDEN A/S's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dampskibsselskabet NORDEN A/S's Forward Dividend Yield % falls into.



Dampskibsselskabet NORDEN A/S Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dampskibsselskabet NORDEN A/S Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
DKK 2.0000002024-04-252024-04-292024-04-30Cash DividendquarterlyDKK:DKK 1.000000
DKK 10.0000002024-03-132024-03-142024-03-15Cash DividendquarterlyDKK:DKK 1.000000
DKK 10.0000002023-11-032023-11-062023-11-07Cash DividendquarterlyDKK:DKK 1.000000
DKK 10.0000002023-08-112023-08-142023-08-15Cash DividendquarterlyDKK:DKK 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dampskibsselskabet NORDEN A/S's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8/332.60
=2.41 %

Current Share Price is kr332.60.
Dampskibsselskabet NORDEN A/S's Dividends per Share for the forward twelve months is calculated as kr2 * 4 = kr8.

Dampskibsselskabet NORDEN A/S's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=32/332.60
=9.62 %

Current Share Price is kr332.60.
Dampskibsselskabet NORDEN A/S's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr32.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dampskibsselskabet NORDEN A/S  (OCSE:DNORD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dampskibsselskabet NORDEN A/S Forward Dividend Yield % Related Terms

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Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Business Description

Traded in Other Exchanges
Address
52, Strandvejen, Hellerup, DNK, DK-2900
Dampskibsselskabet NORDEN A/S is an independent shipping company. The company's operating segments include Assets & Logistics and Freight Services & Trading. Assets & Logistics is our business unit focusing on investments and Freight Services & Trading business unit is the combination of the dry operator and tanker operator business units. It generates maximum revenue from Freight Services & Trading.

Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Headlines

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