Salmar ASA Dividend yield

Salmar ASA is part of Food Producers business, which is part of Consumer Goods industry. Salmar ASA is a company from Norway, and his stocks are publicly traded.

Salmar ASA stock dividend

Salmar ASA paid a total dividend of 2,623 million NOK last year, for a market value of 68,120 millions (Market Cap 32,908 millions). Salmar ASA dividend per share is 20.02 NOK, and his stock market price 520.00 NOK.

According to the chart below, where dividend yield is displayed, Salmar ASA has a dividend yield of 3.85%, which is higher than the amount offered by both the market average and companies from Norway. It is also bigger than average of Consumer Goods 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 Salmar ASA stocks dividend with other Food Producers companies or other of the high Norway dividend stocks list.

Salmar ASA Dividend Payout

About the ability of Salmar ASA to maintain his current dividend of NOK 20.02 per share, an amount that accounts for 3.85%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Salmar ASA payout on ernings is currently 78.91%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Salmar ASA 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 Salmar ASA is NOK 32.91 per share, which is higher than the dividend per share paid by the company of NOK 20.02, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Salmar ASA, compared againt world market average, Norway companies, Consumer Goods industry and Food Producers sector companies.

Salmar ASA Dividend History

Below you will find a table with the historical evolution of Salmar ASA'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	3.85%	20.02	78.91%	131
2022	5.20%	20.01	110.25%	145
2021	3.29%	20.00	117.79%	118
2020	2.58%	12.99	58.54%	113
2019	5.12%	23.00	72.17%	113

*In millions

Salmar ASA Stock performance

Finally, last moth Salmar ASA showed a return of 11.00% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -21.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Norway and Food Producers firms.