Nordic Lights Group (OHEL:NORDLIG) Dividend Payout Ratio : 2.40 (As of Jun. 2023)

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What is Nordic Lights Group Dividend Payout Ratio?

Nordic Lights Group's dividend payout ratio for the months ended in Jun. 2023 was 2.40.

The historical rank and industry rank for Nordic Lights Group's Dividend Payout Ratio or its related term are showing as below:

OHEL:NORDLIG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.45
Current: 0.45

During the past 4 years, the highest Dividend Payout Ratio of Nordic Lights Group was 0.45. The lowest was 0.00. And the median was 0.00.

OHEL:NORDLIG's Dividend Payout Ratio is not ranked
in the Industrial Products industry.
Industry Median: 0.33 vs OHEL:NORDLIG: 0.45

As of today (2024-06-22), the Dividend Yield % of Nordic Lights Group is 1.91%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Nordic Lights Group was 1.95%. The lowest was 1.90%. And the median was 1.93%.

Nordic Lights Group's Dividends per Share for the months ended in Jun. 2023 was €0.12.

The growth rate is calculated with least square regression.

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

Nordic Lights Group Dividend Payout Ratio Historical Data

The historical data trend for Nordic Lights Group'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.

Nordic Lights Group Dividend Payout Ratio Chart

Nordic Lights Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

Nordic Lights Group Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Dec22	Jun23
Dividend Payout Ratio	Get a 7-Day Free Trial			-	-	-	-	2.40

Competitive Comparison of Nordic Lights Group's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, Nordic Lights Group'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.

Nordic Lights Group's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordic Lights Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nordic Lights Group's Dividend Payout Ratio falls into.

Nordic Lights Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nordic Lights Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0	/	0.218
	=	0.00

Nordic Lights Group's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2023 )	/	EPS without NRI (Q: Jun. 2023 )
	=	0.12	/	0.05
	=	2.40

Nordic Lights Group (OHEL:NORDLIG) Dividend Payout Ratio Explanation

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.

Nordic Lights Group Dividend Payout Ratio Related Terms

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

Nordic Lights Group (OHEL:NORDLIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordic Lights Group Corp (OHEL:NORDLIG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bennasvagen/Pannaistentie 155, PO Box 36, Jakobstad, FIN, 68601

Website

https://www.nordiclights.com

Nordic Lights Group Corp is a premium provider of lighting solutions for heavy-duty equipment. Nordic Lights focus on providing solutions to five main end-user segments: mining, construction, forestry, agriculture, and material handling. The company derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA).

Nordic Lights Group (OHEL:NORDLIG) Headlines

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