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Dampskibsselskabet NORDEN A/S (OCSE:DNORD) Dividend Yield % : 9.62% (As of May. 21, 2024)


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What is Dampskibsselskabet NORDEN A/S Dividend Yield %?

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

Warning Sign:

Dampskibsselskabet NORDEN A/S stock dividend yield is close to 1-year low.

The historical rank and industry rank for Dampskibsselskabet NORDEN A/S's Dividend Yield % or its related term are showing as below:

OCSE:DNORD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.05   Med: 3.51   Max: 33.08
Current: 9.62

During the past 13 years, the highest Dividend Yield of Dampskibsselskabet NORDEN A/S was 33.08%. The lowest was 1.05%. And the median was 3.51%.

OCSE:DNORD's Dividend Yield % is ranked better than
93.27% of 624 companies
in the Transportation industry
Industry Median: 2.91 vs OCSE:DNORD: 9.62

Dampskibsselskabet NORDEN A/S's Dividend Payout Ratio for the three months ended in Mar. 2024 was 5.29.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dampskibsselskabet NORDEN A/S is 0.97, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Dampskibsselskabet NORDEN A/S was 0.97. The lowest was 0.14. And the median was 0.52.

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


Dampskibsselskabet NORDEN A/S Dividend Yield % Historical Data

The historical data trend for Dampskibsselskabet NORDEN A/S's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Dampskibsselskabet NORDEN A/S Dividend Yield % Chart

Dampskibsselskabet NORDEN A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.28 5.41 18.41 20.25

Dampskibsselskabet NORDEN A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.51 30.85 21.63 20.25 15.99

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

For the Marine Shipping subindustry, Dampskibsselskabet NORDEN A/S's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Transportation Industry

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

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



Dampskibsselskabet NORDEN A/S 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 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.

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.

* 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) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Dampskibsselskabet NORDEN A/S's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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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