Coventry Group Dividends and Buybacks
Dividend criteria checks 2/6
Coventry Group is a dividend paying company with a current yield of 2.76%.
Key information
2.8%
Dividend yield
-19.2%
Buyback Yield
| Total Shareholder Yield | -16.4% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -12.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.0375 |
| Payout ratio | 552% |
Recent dividend and buyback updates
Recent updates
Coventry Group (ASX:CYG) Is Looking To Continue Growing Its Returns On Capital
Sep 10
Take Care Before Diving Into The Deep End On Coventry Group Ltd (ASX:CYG)
Aug 08It's A Story Of Risk Vs Reward With Coventry Group Ltd (ASX:CYG)
Apr 19It's Unlikely That Coventry Group Ltd's (ASX:CYG) CEO Will See A Huge Pay Rise This Year
Oct 14Coventry Group (ASX:CYG) Has Affirmed Its Dividend Of A$0.035
Aug 29What Is Coventry Group Ltd's (ASX:CYG) Share Price Doing?
Aug 17Market Participants Recognise Coventry Group Ltd's (ASX:CYG) Earnings
Nov 03Coventry Group (ASX:CYG) Has A Pretty Healthy Balance Sheet
Sep 20Coventry Group (ASX:CYG) Has Announced That It Will Be Increasing Its Dividend To A$0.035
Aug 29Shareholders Would Not Be Objecting To Coventry Group Ltd's (ASX:CYG) CEO Compensation And Here's Why
Oct 15Is Coventry Group (ASX:CYG) A Risky Investment?
Mar 15Do Fundamentals Have Any Role To Play In Driving Coventry Group Ltd's (ASX:CYG) Stock Up Recently?
Feb 08
How Much Did Coventry Group's(ASX:CYG) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 04These 4 Measures Indicate That Coventry Group (ASX:CYG) Is Using Debt Extensively
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CYG's dividend payments have been volatile in the past 10 years.
Growing Dividend: CYG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Coventry Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CYG) | 2.8% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Trade Distributors) | 1.4% |
| Analyst forecast (CYG) (up to 3 years) | 3.4% |
Notable Dividend: CYG's dividend (2.76%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CYG's dividend (2.76%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (552.3%), CYG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.1%), CYG's dividend payments are well covered by cash flows.