K-Bro Linen Dividends and Buybacks
Dividend criteria checks 5/6
K-Bro Linen is a dividend paying company with a current yield of 3.25% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
3.2%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 3.3% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$1.200 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Aug 22
K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Jul 22K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Jun 22K-Bro Linen Inc. Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next
May 09K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Apr 19K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Mar 21K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Feb 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Nov 15K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10
Oct 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Aug 27K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Aug 13K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Jun 20K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10
Apr 20K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Mar 20K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Jan 20K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Dec 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Nov 17K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Oct 21K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Sep 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KBL's dividends per share have been stable in the past 10 years.
Growing Dividend: KBL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| K-Bro Linen Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KBL) | 3.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Commercial Services) | 0.7% |
| Analyst forecast (KBL) (up to 3 years) | 3.2% |
Notable Dividend: KBL's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: KBL's dividend (3.25%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), KBL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), KBL's dividend payments are well covered by cash flows.