Norsk Hydro Dividend yield

Norsk Hydro is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Norsk Hydro is a company from Norway, and his stocks are publicly traded.

Norsk Hydro stock dividend

Norsk Hydro paid a total dividend of 11,492 million NOK last year, for a market value of 120,209 millions (Market Cap 78,399 millions). Norsk Hydro dividend per share is 5.65 NOK, and his stock market price 59.10 NOK.

According to the chart below, where dividend yield is displayed, Norsk Hydro has a dividend yield of 9.56%, which is higher than the amount offered by both the market average and companies from Norway. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Norsk Hydro stocks dividend with other Industrial Metals and Mining companies or other of the highest Norway dividend stocks list.

Norsk Hydro Dividend Payout

About the ability of Norsk Hydro to maintain his current dividend of NOK 5.65 per share, an amount that accounts for 9.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Norsk Hydro payout on ernings is currently 45.90%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Norsk Hydro can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Norsk Hydro is NOK 14.41 per share, which is higher than the dividend per share paid by the company of NOK 5.65, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Norsk Hydro, compared againt world market average, Norway companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Norsk Hydro Dividend History

Below you will find a table with the historical evolution of Norsk Hydro's dividend stock, both in percentage and in NOK, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	NOK	Paypout	Shares*
Present	9.56%	5.65	45.90%	2,034
2022	4.64%	3.40	55.19%	2,049
2021	1.80%	1.25	107.76%	2,049
2020	3.14%	1.25	-211.86%	2,048
2019	3.83%	1.25	52.74%	2,046
2018	4.46%	1.75	39.24%	2,045
2017	2.00%	1.25	38.94%	2,043
2016	2.49%	1.00	92.59%	2,028
2015	2.98%	1.00	208.33%	2,028

*In millions

Then you can see the evolution of Norsk Hydro dividend stock, and compare it with the average of Norway stocks and that of the Industrial Metals and Mining stocks.

Norsk Hydro Stock performance

Finally, last moth Norsk Hydro showed a return of -11.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -11.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Norway and Industrial Metals and Mining firms.