OPAP Dividend yield

OPAP is part of Travel and Leisure business, which is part of Consumer Services industry. OPAP is a company from Greece, and his stocks are publicly traded.

OPAP stock dividend

OPAP paid a total dividend of 358 million EUR last year, for a market value of 5,640 millions (Market Cap 2,910 millions). OPAP dividend per share is 0.99 EUR, and his stock market price 15.58 EUR.

According to the chart below, where dividend yield is displayed, OPAP has a dividend yield of 6.36%, which is higher than the amount offered by both the market average and companies from Greece. It is also bigger than average of Consumer Services 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 OPAP stocks dividend with other Travel and Leisure companies or other of the best Greece dividend stocks list.

OPAP Dividend Payout

About the ability of OPAP to maintain his current dividend of EUR 0.99 per share, an amount that accounts for 6.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). OPAP payout on ernings is currently 50.77%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that OPAP 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 OPAP is EUR 1.83 per share, which is higher than the dividend per share paid by the company of EUR 0.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of OPAP, compared againt world market average, Greece companies, Consumer Services industry and Travel and Leisure sector companies.

OPAP Dividend History

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

Year	Yield	EUR	Paypout	Shares*
Present	6.36%	0.99	50.77%	362
2022	6.05%	0.80	78.43%	359
2021	5.21%	0.65	78.31%	349
2020	2.74%	0.30	36.59%	340
2019	6.04%	0.70	101.45%	317
2018	14.48%	1.10	174.60%	318
2017	0.00%	0.00	0.00%	319
2016	10.45%	0.92	115.00%	319
2015	14.06%	0.90	125.00%	319

*In millions

Then you can see the evolution of OPAP dividend stock, and compare it with the average of Greece stocks and that of the Travel and Leisure stocks.

OPAP Stock performance

Finally, last moth OPAP showed a return of -2.70% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 21.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Greece and Travel and Leisure firms.