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Develop North (LSE:DVNO) Dividend Yield % : 5.13% (As of Jun. 12, 2024)


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What is Develop North Dividend Yield %?

As of today (2024-06-12), the Trailing Annual Dividend Yield of Develop North is 5.13%.

Good Sign:

Develop North PLC stock dividend yield is close to 3-year high.

The historical rank and industry rank for Develop North's Dividend Yield % or its related term are showing as below:

LSE:DVNO' s Dividend Yield % Range Over the Past 10 Years
Min: 3.38   Med: 5   Max: 7.33
Current: 5.13

During the past 8 years, the highest Dividend Yield of Develop North was 7.33%. The lowest was 3.38%. And the median was 5.00%.

LSE:DVNO's Dividend Yield % is ranked worse than
53.66% of 1215 companies
in the Asset Management industry
Industry Median: 5.5 vs LSE:DVNO: 5.13

Develop North's Dividend Payout Ratio for the six months ended in Nov. 2023 was 3.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Develop North PLC is 4.00, which seems too high.

During the past 8 years, the highest Dividend Payout Ratio of Develop North was 4.00. The lowest was 0.83. And the median was 1.45.

As of today (2024-06-12), the Forward Dividend Yield % of Develop North is 5.13%.

Develop North's Dividends per Share for the six months ended in Nov. 2023 was £0.03.

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.50% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Develop North was 10.10% per year. The lowest was -14.10% per year. And the median was -5.15% per year.

The growth rate is calculated with least square regression.

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


Develop North Dividend Yield % Historical Data

The historical data trend for Develop North's Dividend Yield % 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.

Develop North Dividend Yield % Chart

Develop North Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Yield %
Get a 7-Day Free Trial 6.04 3.49 5.23 4.65 5.00

Develop North Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.23 4.65 4.65 4.91 5.00

Competitive Comparison of Develop North's Dividend Yield %

For the Asset Management subindustry, Develop North's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Develop North's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Develop North's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Develop North's Dividend Yield % falls into.



Develop North Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Develop North Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
GBP 0.0100002024-03-072024-03-082024-03-28Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0100002023-12-072023-12-082023-12-28Cash DividendquarterlyGBP:GBP 1.000000
GBP 0.0100002023-09-072023-09-082023-09-29Cash DividendquarterlyGBP:GBP 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Develop North's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.03/0.78
=3.85 %

Current Share Price is £0.78.
Develop North's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.03.

Develop North's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.04/0.78
=5.13 %

Current Share Price is £0.78.
Develop North's Dividends per Share for the forward twelve months is calculated as £0.01 * 4 = £0.04.

* 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.


Develop North  (LSE:DVNO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Develop North Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Develop North's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Develop North (LSE:DVNO) Business Description

Traded in Other Exchanges
N/A
Address
Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Develop North PLC is a closed-end investment company. The investment objective of the company is to provide shareholders with a consistent and stable income and potential for an attractive total return over the medium to long term while managing downside risk through a diversified portfolio of fixed loans predominantly secured over land and property in the UK, and receiving the benefit of an associated profit share arrangement usually obtained by acquiring a minority stake in the relevant borrower project development vehicle.

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