Civmec is a dividend paying company with a current yield of 5.13% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 14th October, 2024.
Key information
5.1%
Dividend yield
47%
Payout ratio
Industry average yield
3.7%
Next dividend pay date
25 Oct 24
Ex dividend date
14 Oct 24
Dividend per share
AU$0.060
Earnings per share
AU$0.13
Dividend yield forecast
6.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CVL has been paying a dividend for less than 10 years.
Growing Dividend: CVL's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Civmec Dividend Yield vs Market
How does CVL dividend yield compare to the market?
Segment
Dividend Yield
Company (CVL)
5.1%
Market Bottom 25% (AU)
2.7%
Market Top 25% (AU)
6.0%
Industry Average (Construction)
3.7%
Analyst forecast (CVL) (up to 3 years)
6.6%
Notable Dividend: CVL's dividend (5.13%) is higher than the bottom 25% of dividend payers in the Australian market (2.66%).
High Dividend: CVL's dividend (5.13%) is low compared to the top 25% of dividend payers in the Australian market (5.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.2%), CVL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66%), CVL's dividend payments are covered by cash flows.