Civmec Singapore Limited

ASX:CVLDA Stock Report

Market Cap: AU$474.6m

Civmec Singapore Dividend

Dividend criteria checks 3/6

Civmec Singapore is a dividend paying company with a current yield of 5.24% that is well covered by earnings.

Key information

5.2%

Dividend yield

47%

Payout ratio

Industry average yield3.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareAU$0.060
Earnings per shareAU$0.13
Dividend yield forecast6.8%

Recent dividend updates

No updates

Recent updates

No updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, CVLDA has been paying a dividend for less than 10 years.

Growing Dividend: CVLDA's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Civmec Singapore Dividend Yield vs Market
How does CVLDA dividend yield compare to the market?
SegmentDividend Yield
Company (CVLDA)5.2%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.1%
Industry Average (Construction)3.8%
Analyst forecast (CVLDA) (up to 3 years)6.8%

Notable Dividend: CVLDA's dividend (5.24%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).

High Dividend: CVLDA's dividend (5.24%) is low compared to the top 25% of dividend payers in the Australian market (6.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.2%), CVLDA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (66%), CVLDA's dividend payments are covered by cash flows.


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