Acrow Dividend
Dividend criteria checks 2/6
Acrow is a dividend paying company with a current yield of 4.99% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
5.0%
Dividend yield
59%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | AU$0.086 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ACF's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Acrow Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ACF) | 5.0% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Trade Distributors) | 1.3% |
Analyst forecast in 3 Years (ACF) | 5.4% |
Notable Dividend: ACF's dividend (4.99%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: ACF's dividend (4.99%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.4%), ACF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ACF is paying a dividend but the company has no free cash flows.