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. Next payment date is on 25th October, 2024 with an ex-dividend date of 14th October, 2024.
Key information
5.2%
Dividend yield
47%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 14 Oct 24 |
| Dividend per share | AU$0.060 |
| Earnings per share | AU$0.13 |
| Dividend yield forecast | 6.8% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CVL has been paying a dividend for less than 10 years.
Growing Dividend: CVL'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVL) | 5.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Construction) | 3.8% |
| Analyst forecast (CVL) (up to 3 years) | 6.8% |
Notable Dividend: CVL's dividend (5.24%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: CVL'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%), CVL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66%), CVL's dividend payments are covered by cash flows.