Korvest Dividend
Dividend criteria checks 4/6
Korvest is a dividend paying company with a current yield of 8.3% that is well covered by earnings.
Key information
8.3%
Dividend yield
78%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.60 |
| Earnings per share | AU$0.76 |
| Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
Korvest's (ASX:KOV) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25
Korvest's (ASX:KOV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24Recent updates
We Think Korvest Ltd's (ASX:KOV) CEO Compensation Looks Fair
Oct 15Korvest's (ASX:KOV) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25Korvest's (ASX:KOV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24Should You Be Adding Korvest (ASX:KOV) To Your Watchlist Today?
Dec 03It's Unlikely That Korvest Ltd's (ASX:KOV) CEO Will See A Huge Pay Rise This Year
Oct 15The Return Trends At Korvest (ASX:KOV) Look Promising
Jun 14A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
May 24Should You Or Shouldn't You: A Dividend Analysis on Korvest Ltd (ASX:KOV)
Apr 04Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Mar 17We Like These Underlying Trends At Korvest (ASX:KOV)
Feb 24What Did Korvest's (ASX:KOV) CEO Take Home Last Year?
Feb 09
A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
Jan 25Is Korvest Ltd's (ASX:KOV) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 12Is Korvest Ltd (ASX:KOV) The Right Choice For A Smart Dividend Investor?
Dec 30Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Dec 17Is It Too Late To Consider Buying Korvest Ltd (ASX:KOV)?
Dec 04Does Korvest's (ASX:KOV) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 21The Returns On Capital At Korvest (ASX:KOV) Don't Inspire Confidence
Jul 22Are Korvest's (ASX:KOV) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jul 07With EPS Growth And More, Korvest (ASX:KOV) Is Interesting
Jun 22Dividend Yield vs Market
| Korvest Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KOV) | 8.3% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 7.5% |
| Industry Average (Machinery) | 3.1% |
| Analyst forecast in 3 Years (KOV) | 8.3% |
Notable Dividend: KOV's dividend (8.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: KOV's dividend (8.3%) is in the top 25% of dividend payers in the Australian market (7.49%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 6/30/2023 | 0.6 | 0% |
| 5/26/2023 | 0.6 | 8.3% |
| 1/26/2023 | 0.6 | 8% |
| 7/22/2022 | 0.7 | 9.2% |
| 1/21/2022 | 0.5 | 6.7% |
| 7/22/2021 | 0.35 | 5.5% |
| 1/22/2021 | 0.28 | 6% |
| 7/24/2020 | 0.28 | 6% |
| 1/24/2020 | 0.3 | 7.9% |
| 7/26/2019 | 0.26 | 7.6% |
| 1/25/2019 | 0.18 | 6.6% |
| 7/27/2018 | 0.12 | 4.8% |
| 1/25/2018 | 0.08 | 3.7% |
| 7/27/2017 | 0.13 | 5.7% |
| 1/24/2017 | 0.2 | 7.9% |
| 7/28/2016 | 0.2 | 8.4% |
| 3/3/2016 | 0.2 | 8.9% |
| 7/30/2015 | 0.29 | 9.9% |
| 1/22/2015 | 0.48 | 12% |
| 7/30/2014 | 0.57 | 10.2% |
| 5/12/2014 | 0.46 | 7.5% |
| 7/26/2013 | 0.46 | 7.6% |
| 7/26/2012 | 0.6 | 9.4% |
Stable Dividend: KOV's dividend payments have been volatile in the past 10 years.
Growing Dividend: KOV's dividend payments have not increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.3%), KOV's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86%), KOV's dividend payments are covered by cash flows.