Coventry Group Dividends and Buybacks
Dividend criteria checks 2/6
Coventry Group is a dividend paying company with a current yield of 2.78%.
Key information
2.8%
Dividend yield
-19.3%
Buyback Yield
| Total Shareholder Yield | -16.5% |
| 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
Stability 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) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Trade Distributors) | 1.3% |
| Analyst forecast (CYG) (up to 3 years) | 3.4% |
Notable Dividend: CYG's dividend (2.78%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: CYG's dividend (2.78%) is low compared to the top 25% of dividend payers in the Australian market (5.99%).
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.