Adrad Holdings Dividend
Dividend criteria checks 2/6
Adrad Holdings is a dividend paying company with a current yield of 2.31% that is well covered by earnings.
Key information
2.3%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.084 |
| Dividend yield forecast in 3Y | 4.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether AHL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if AHL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Adrad Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AHL) | 2.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Auto Components) | 2.2% |
| Analyst forecast in 3 Years (AHL) | 4.5% |
Notable Dividend: AHL's dividend (2.31%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: AHL's dividend (2.31%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), AHL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), AHL's dividend payments are well covered by cash flows.