Why You Might Be Interested In ORBIS AG (ETR:OBS) For Its Upcoming Dividend
ORBIS AG (ETR:OBS) is set to go ex-dividend in three days, with a dividend payment of €0.10 per share on June 2. The company has a trailing yield of 1.5% based on its current share price of €6.55. ORBIS paid out only 24% of its profit and 11% of its free cash flow last year, indicating a sustainable dividend. Earnings per share have grown 14% annually over the past five years, although the dividend has increased by only 2.3% on average over the last decade. Investors should be aware of potential risks, as there is one warning sign regarding the company.
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