Civmec Dividends and Buybacks
Dividend criteria checks 3/6
Civmec is a dividend paying company with a current yield of 4.65% that is well covered by earnings.
Key information
4.7%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 18.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.060 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVL) | 4.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Construction) | 3.6% |
| Analyst forecast (CVL) (up to 3 years) | 5.4% |
Notable Dividend: CVL's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CVL's dividend (4.65%) is low compared to the top 25% of dividend payers in the Australian market (6.12%).
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.