Heidelberg District Community Enterprise Dividends and Buybacks
Dividend criteria checks 3/6
Heidelberg District Community Enterprise is a dividend paying company with a current yield of 20% that is well covered by earnings.
Key information
20.0%
Dividend yield
5.8%
Buyback Yield
| Total Shareholder Yield | 25.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 11% |
Recent dividend and buyback updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EIC has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Heidelberg District Community Enterprise Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EIC) | 20.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Banks) | 4.0% |
| Analyst forecast (EIC) (up to 3 years) | n/a |
Notable Dividend: EIC's dividend (20%) is higher than the bottom 25% of dividend payers in the Australian market (2.83%).
High Dividend: EIC's dividend (20%) is in the top 25% of dividend payers in the Australian market (6.91%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.9%), EIC'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.