Dampskibsselskabet Norden AS (LTS:0HDP) Dividend Payout Ratio : 0.37 (As of Sep. 2024)

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What is Dampskibsselskabet Norden AS Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Dampskibsselskabet Norden AS's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.37.

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 AS is 0.81, which seems too high.

The historical rank and industry rank for Dampskibsselskabet Norden AS's Dividend Payout Ratio or its related term are showing as below:

LTS:0HDP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.52 Max: 0.96
Current: 0.81

During the past 13 years, the highest Dividend Payout Ratio of Dampskibsselskabet Norden AS was 0.96. The lowest was 0.14. And the median was 0.52.

LTS:0HDP's Dividend Payout Ratio is ranked worse than
83.28% of 574 companies
in the Transportation industry
Industry Median: 0.385 vs LTS:0HDP: 0.81

As of today (2025-01-18), the Dividend Yield % of Dampskibsselskabet Norden AS is 6.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dampskibsselskabet Norden AS was 33.08%. The lowest was 1.62%. And the median was 5.79%.

Dampskibsselskabet Norden AS's Dividends per Share for the months ended in Sep. 2024 was kr2.00.

During the past 12 months, Dampskibsselskabet Norden AS's average Dividends Per Share Growth Rate was -71.90% 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 AS 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Dampskibsselskabet Norden AS Dividend Payout Ratio Historical Data

The historical data trend for Dampskibsselskabet Norden AS's Dividend Payout Ratio 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 AS Dividend Payout Ratio Chart

Dampskibsselskabet Norden AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.52

0.14

0.27

0.57

0.96

Dampskibsselskabet Norden AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.59	0.76	4.41	0.23	0.37

Competitive Comparison of Dampskibsselskabet Norden AS's Dividend Payout Ratio

For the Marine Shipping subindustry, Dampskibsselskabet Norden AS's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 AS's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dampskibsselskabet Norden AS's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dampskibsselskabet Norden AS's Dividend Payout Ratio falls into.

Dampskibsselskabet Norden AS Dividend Payout Ratio Calculation

Dampskibsselskabet Norden AS's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	64.909	/	67.493
	=	0.96

Dampskibsselskabet Norden AS's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	1.996	/	5.413
	=	0.37

Dampskibsselskabet Norden AS (LTS:0HDP) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Dampskibsselskabet Norden AS Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dampskibsselskabet Norden AS's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Dampskibsselskabet Norden AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dampskibsselskabet Norden AS (LTS:0HDP) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

DPBSF:USA DNORDc:UK DNORD:Denmark D69:Germany D69:Germany

Address

52, Strandvejen, Hellerup, DNK, DK-2900

Website

https://www.norden.com

Dampskibsselskabet Norden AS is an independent shipping company. The company's operating segments include Assets & Logistics and Freight Services & Trading. It generates maximum revenue from Freight Services & Trading segment which offers transport of bulk commodities such as grain, coal, iron ore and sugar, and of fuel oil and refined oil products. Geographically, it generates revenue from China, Singapore, United States of America, Mexico and Other regions.

Dampskibsselskabet Norden AS Headlines

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