Duratec Dividend
Dividend criteria checks 2/6
Duratec is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.8%
Dividend yield
31%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.095 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Duratec (ASX:DUR) Could Easily Take On More Debt
Apr 23
Here's Why We Think Duratec (ASX:DUR) Is Well Worth Watching
Apr 02Duratec Limited's (ASX:DUR) P/E Is Still On The Mark Following 25% Share Price Bounce
Dec 22Here's Why We Think Duratec (ASX:DUR) Is Well Worth Watching
Dec 06Duratec (ASX:DUR) Has Announced That It Will Be Increasing Its Dividend To A$0.03
Aug 28Is Duratec Limited's (ASX:DUR) Shareholder Ownership Skewed Towards Insiders?
Feb 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DUR has been paying a dividend for less than 10 years.
Growing Dividend: DUR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Duratec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DUR) | 3.8% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Construction) | 3.5% |
| Analyst forecast in 3 Years (DUR) | 5.5% |
Notable Dividend: DUR's dividend (3.77%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: DUR's dividend (3.77%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.2%), DUR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (267.2%), DUR's dividend payments are not well covered by cash flows.