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

How does EIC dividend yield compare to the market?
Segment	Dividend Yield
Company (EIC)	20.0%
Market Bottom 25% (AU)	2.7%
Market Top 25% (AU)	6.1%
Industry Average (Banks)	4.1%
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.

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/05/30 06:26
End of Day Share Price	2023/03/03 00:00
Earnings	2022/12/31
Annual Earnings	2022/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Heidelberg District Community Enterprise Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution