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Ecit AS (OSL:ECIT) Forward Dividend Yield % : 0.89% (As of May. 15, 2024)


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What is Ecit AS Forward Dividend Yield %?

As of today (2024-05-15), the Forward Annual Dividend Yield of Ecit AS is 0.89%.

As of today (2024-05-15), the Trailing Annual Dividend Yield of Ecit AS is 0.89%.

OSL:ECIT's Forward Dividend Yield % is ranked worse than
77.2% of 943 companies
in the Software industry
Industry Median: 2 vs OSL:ECIT: 0.89

Ecit AS's Dividends per Share for the three months ended in Mar. 2024 was kr0.06.

During the past 12 months, Ecit AS's average Dividends Per Share Growth Rate was -25.00% 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 Ecit AS's Forward Dividend Yield %

For the Information Technology Services subindustry, Ecit AS'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.


Ecit AS's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Ecit AS's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ecit AS's Forward Dividend Yield % falls into.



Ecit AS Forward Dividend Yield % Calculation

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

Ecit AS Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 0.0600002024-02-222024-03-252024-04-08Cash DividendannuallyNOK: 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.

Ecit AS's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.06/6.76
=0.89 %

Current Share Price is kr6.76.
Ecit AS's Dividends per Share for the forward twelve months is calculated as kr0.06 * 1 = kr0.06.

Ecit AS's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.06/6.76
=0.89 %

Current Share Price is kr6.76.
Ecit AS's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr0.06.

* 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.


Ecit AS  (OSL:ECIT) 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.


Ecit AS Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Ecit AS's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ecit AS (OSL:ECIT) Business Description

Industry
Traded in Other Exchanges
Address
Rolfsbuktveien 4A, Fornebu, NOR, 1364
Ecit AS provides services within key business areas of IT, Finance & Accounting and Tech across sectors and industries. The company has a model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. The group's business operations are carried out by three divisions: IT, Finance & Accounting, and Tech. The Finance & Accounting division improves customers' efficiency through delivering administrative services in a productive way along with being a key revenue driver for the company.

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