Hancock & Gore Dividends and Buybacks
Dividend criteria checks 2/6
Hancock & Gore is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
-8.7%
Buyback Yield
| Total Shareholder Yield | -3.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.015 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HNG's dividend payments have been volatile in the past 10 years.
Growing Dividend: HNG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hancock & Gore Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HNG) | 5.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Trade Distributors) | 1.4% |
| Analyst forecast (HNG) (up to 3 years) | n/a |
Notable Dividend: HNG's dividend (5%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: HNG's dividend (5%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.3%), HNG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (251.4%), HNG's dividend payments are not well covered by cash flows.