Namoi Cotton Dividend
Dividend criteria checks 4/6
Namoi Cotton is a dividend paying company with a current yield of 2.78% that is well covered by earnings.
Key information
2.8%
Dividend yield
45%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.020 |
| Earnings per share | AU$0.034 |
| Dividend yield forecast | 1.6% |
Recent dividend updates
Recent updates
Namoi Cotton (ASX:NAM) Has Some Difficulty Using Its Capital Effectively
Oct 31
Capital Allocation Trends At Namoi Cotton (ASX:NAM) Aren't Ideal
Jun 21Namoi Cotton's (ASX:NAM) Solid Profits Have Weak Fundamentals
Nov 04Is Namoi Cotton (ASX:NAM) Weighed On By Its Debt Load?
Jun 21Is Namoi Cotton (ASX:NAM) Using Debt Sensibly?
Dec 03
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAM's dividend payments have been volatile in the past 10 years.
Growing Dividend: NAM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Namoi Cotton Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAM) | 2.8% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Commercial Services) | 2.9% |
| Analyst forecast (NAM) (up to 3 years) | 1.6% |
Notable Dividend: NAM's dividend (2.78%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: NAM'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 reasonably low payout ratio (44.6%), NAM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.8%), NAM's dividend payments are well covered by cash flows.