Korvest Dividend
Dividend criteria checks 5/6
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
56%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$1.06 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (KOV) | 6.7% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Machinery) | 2.2% |
Analyst forecast in 3 Years (KOV) | 6.7% |
Notable Dividend: KOV's dividend (6.7%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: KOV's dividend (6.7%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), KOV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.2%), KOV's dividend payments are covered by cash flows.