East Gosford & Districts Financial Services Dividend
Dividend criteria checks 3/6
East Gosford & Districts Financial Services is a dividend paying company with a current yield of 9.86% that is well covered by earnings.
Key information
9.9%
Dividend yield
8%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.035 |
| Earnings per share | AU$0.36 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, EGF has been paying a dividend for less than 10 years.
Growing Dividend: EGF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| East Gosford & Districts Financial Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EGF) | 9.9% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 5.9% |
| Industry Average (Banks) | 4.3% |
| Analyst forecast (EGF) (up to 3 years) | n/a |
Notable Dividend: EGF's dividend (9.86%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: EGF's dividend (9.86%) is in the top 25% of dividend payers in the Australian market (5.94%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.2%), EGF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.