If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Norsk Hydro ASA is 2.42, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Norsk Hydro ASA was 25.00. The lowest was 0.22. And the median was 0.85.
During the past 12 months, Norsk Hydro ASA's average Dividends Per Share Growth Rate was 66.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 65.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 28.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 17.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Norsk Hydro ASA was 65.30% per year. The lowest was -53.60% per year. And the median was 10.05% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Norsk Hydro ASA Dividend Yield % Historical Data
The historical data trend for Norsk Hydro ASA'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.
Competitive Comparison of Norsk Hydro ASA's Dividend Yield %
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA's Dividend Yield % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's Dividend Yield % falls into.
Norsk Hydro ASA Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Norsk Hydro ASA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NOK 5.650
2023-05-11
2023-05-12
2023-05-23
Cash Dividend
annually
NOK:USD 0.089538
* 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.
Norsk Hydro ASA's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.5058897
/
6.2175
=
8.14 %
Current Share Price is $6.2175. Norsk Hydro ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.5058897.
Norsk Hydro ASA's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.5058897
/
6.2175
=
8.14 %
Current Share Price is $6.2175. Norsk Hydro ASA's Dividends per Share for the forward twelve months is calculated as $0.5058897 * 1 = $0.5058897.
* 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.
Norsk Hydro ASA (OTCPK:NHYKF) 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.
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Norsk Hydro ASA (Norsk Hydro ASA) Business Description
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy, as well as the Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.
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