• HOME
  • GUEST POST
  • ABOUT US
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
Tuesday, June 24, 2025
No Result
View All Result
  • HOME
  • NEWS
    • POLITICS
  • BUSINESS
    • INTERNET MARKETING
  • FINANCE
    • CRYPTO
  • ENTERTAINMENT
    • MOVIE REVIEWS
  • SPORTS
    • CRICKET
    • FOOTBALL
    • WWE
  • TECH
  • HEALTH
  • TRAVEL
  • BLOG
    • AUTOMOBILE
    • CASINO
    • DEALS
    • LIFESTYLE
    • EDUCATION
  • HOME
  • NEWS
    • POLITICS
  • BUSINESS
    • INTERNET MARKETING
  • FINANCE
    • CRYPTO
  • ENTERTAINMENT
    • MOVIE REVIEWS
  • SPORTS
    • CRICKET
    • FOOTBALL
    • WWE
  • TECH
  • HEALTH
  • TRAVEL
  • BLOG
    • AUTOMOBILE
    • CASINO
    • DEALS
    • LIFESTYLE
    • EDUCATION
No Result
View All Result
Cover365
No Result
View All Result
Home FINANCE

Ellinas Finance Announces Dividend: A Boost for Shareholders

by Sanjay Bijoy
12 months ago
in FINANCE
Reading Time: 7 mins read
0 0
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedInShare on RedditShare on Pinterest

Ellinas Finance Public Company Limited (CSE:ELF) has recently declared a dividend of €0.0275 per share, payable on August 6th. This announcement comes as a welcome boost for shareholders, offering an attractive yield of 6.9%.

Ellinas Finance, a Cyprus-based financial institution, specializes in short- and medium-term lending services for both individuals and companies. With a market cap of €6.2 million, the company has been providing loans, credit plans, and other financial solutions to its clientele since 1992.

Ellinas Finance Announces Dividend: A Boost for Shareholders

Dividend Coverage and Growth

While robust dividend yields are desirable, sustainability is equally crucial. Prior to this announcement, Ellinas Finance’s earnings comfortably covered the dividend, although free cash flows were negative. Looking ahead, there’s potential for an 11.5% increase in earnings per share over the next year, assuming the recent trend continues. The payout ratio could stabilize around 57%, indicating a sustainable dividend policy.

Payment History and Future Prospects

Ellinas Finance’s dividend history has been relatively stable, growing at an annual rate of 7.3% since 2018. Investors, however, may seek a longer track record before considering it a consistent dividend-paying stock. The company’s earnings per share have grown at an impressive 12% annually over the past five years, further supporting the likelihood of future dividend growth.

While the dividend hasn’t been reduced, caution is warranted due to potential sustainability challenges. The low payout ratio is a positive sign, but the company’s minimal cash reserves raise concerns. Investors should consider a holistic analysis, including other factors beyond dividends, when evaluating Ellinas Finance as an investment opportunity.

Sanjay Bijoy

Sanjay Bijoy

Sanjay is a seasoned wordsmith with a passion for the Entertainment niche. With a knack for crafting captivating content, he brings stories to life and keeps readers hooked. Sanjay's expertise in this dynamic field ensures every word he writes is an unforgettable experience.

Related Posts

dixon technologies sunil vachani block deal june 2025
FINANCE

Dixon Tech Wobbles After Promoter Dumps 2.77% Stake Worth ₹2,220 Cr

5 hours ago
paxos gold token trading chart defi llama
FINANCE

Tokenized Gold Booms While Coinbase and Hyperliquid Eye Stock Trading on Blockchain

3 days ago
sanjiv bhasin sebi news wikimedia
FINANCE

Sebi Slaps Market Ban on TV Stock Picker Sanjiv Bhasin, 11 Others in Price Rigging Case

6 days ago
Indian stock market screen red downtrend
FINANCE

Nifty Crashes 332 Points at Open as Markets Bleed Across Sectors

2 weeks ago
paypal pyusd stablecoin market chart defillama
FINANCE

PayPal’s PYUSD Roars Back to Life, Circulating Supply Hits $1B Mark Again

2 weeks ago
sensex stock market trading india inflation monsoon 2025
FINANCE

Markets Eye Inflation Print, Foreign Fund Moves and Monsoon Clues as Global Signals Steer Sentiment

2 weeks ago
Next Post
Navigating Business Strategies Amidst the Biden-Trump Political Landscape

Navigating Business Strategies Amidst the Biden-Trump Political Landscape

Unlocking Productivity: Bridging Generational Gaps in the Workplace

Unlocking Productivity: Bridging Generational Gaps in the Workplace

SEARCH NEWS

No Result
View All Result

RECENT NEWS

  • Dixon Tech Wobbles After Promoter Dumps 2.77% Stake Worth ₹2,220 Cr
  • Casio Confirms July Launch of High-End G-Shock MRG-B2000RG-3A in Select European Markets
  • HONOR’s Magic V5 Foldable Set to Break Records With Thinnest, Lightest Body Yet
  • Tokenized Gold Booms While Coinbase and Hyperliquid Eye Stock Trading on Blockchain
  • Shubman Gill Steps Into Fire as India Faces England in High-Stakes Anderson-Tendulkar Trophy Clash
  • 16 Billion Passwords Leaked in Massive Breach: Experts Warn of Global Cybersecurity Meltdown
  • FromSoftware Rolls Out Limited-Time Boss Fights in Elden Ring: Nightreign’s First Major Update
  • Bollywood Daredevil Akshay Kumar Credits Tom & Jerry for His Stunt Inspiration
  • Sebi Slaps Market Ban on TV Stock Picker Sanjiv Bhasin, 11 Others in Price Rigging Case
  • Poco F7 Launch Set for India: Big Battery, Big Hype, and One Model Only

ABOUT US

Cover365 Footer Logo

We are Google news approved website from India run by Group of Bloggers. We cover trending news topics and explore in-depth about the topics.

If you would like to promote your business or ads in our website, You can Contact us anytime at ceo.cover365@gmail.com

ADVERTISEMENT

We charge nominal cost to promote your business in our website. We accept following promotions that will help your business and improve your website SEO.

  • ADVERTISE
  • GUEST POST
  • SPONSORED ARTICLE
  • WRITE FOR US
  • HOMEPAGE LINKS
  • BANNER ADS
  • PRESS RELEASE

POPULAR CATEGORIES

Popular Categories in our website,

  • BUSINESS
  • FINANCE
  • CRYPTO
  • ENTERTAINMENT
  • SPORTS
  • EDUCATION
  • TECH
  • HEALTH
  • LIFESTYLE
  • TRAVEL
  • CASINO

SEARCH WEBSITE

No Result
View All Result

WEBSITE STATS

Cover365 Monthly Stats: (Will be updated every month)

  • Traffic: 100,000+ / Month
  • Website Age: 12 Years+
  • Google News Approved
  • 4+ Active Writers
  • High Quality Articles
  • HOME
  • GUEST POST
  • ABOUT US
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY

© 2023 Cover365

No Result
View All Result
  • HOME
  • NEWS
    • POLITICS
  • BUSINESS
    • INTERNET MARKETING
  • FINANCE
    • CRYPTO
  • ENTERTAINMENT
    • MOVIE REVIEWS
  • SPORTS
    • CRICKET
    • FOOTBALL
    • WWE
  • TECH
  • HEALTH
  • TRAVEL
  • BLOG
    • AUTOMOBILE
    • CASINO
    • DEALS
    • LIFESTYLE
    • EDUCATION

© 2023 Cover365

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist