Ellomay Capital (ELLO) Dividends
Market Cap: $200.76M
Avg Volume: 2.69K
Industry: Renewable Utilities
Sector: Utilities
Dividend Overview
Ellomay Capital (ELLO) pays a special dividend to its shareholders. The current dividend yield is 2.54%, which means that for every $100 invested at the current price, investors would receive approximately $2.54 in dividends per year (this can change based on future dividend payments and price movements).
About ELLO's Dividend
Ellomay Capital pays a special dividend. The total annual dividend is approximately $0.23 per share, meaning for each share you own, you'll receive about $0.23 in dividends over the course of a year.
The most recent ex-dividend date was April 04, 2016. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
ELLO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.225 | 2.54% | April 04, 2016 | April 06, 2016 | April 20, 2016 | March 23, 2016 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for ELLO
- Dividend & Capex Coverage Ratio: 0.14x Weak coverage
- Dividend Frequency: Special
What These Indicators Mean
The Dividend & Capex Coverage Ratio of 0.14x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates Ellomay Capital may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.