Korvest Dividends and Buybacks
Dividend criteria checks 4/6
Korvest is a dividend paying company with a current yield of 6.7% that is well covered by earnings.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.7% |
| Dividend Growth | -3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.650 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KOV's dividend payments have been volatile in the past 10 years.
Growing Dividend: KOV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Korvest Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KOV) | 6.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Machinery) | 3.0% |
| Analyst forecast (KOV) (up to 3 years) | 6.7% |
Notable Dividend: KOV's dividend (6.7%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: KOV's dividend (6.7%) is in the top 25% of dividend payers in the Australian market (6.01%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.7%), KOV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (130.9%), KOV's dividend payments are not well covered by cash flows.