Waterco Dividend
Dividend criteria checks 3/6
Waterco is a dividend paying company with a current yield of 2.39% that is well covered by earnings. Next payment date is on 15th December, 2023 with an ex-dividend date of 9th November, 2023.
Key information
2.4%
Dividend yield
33%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | 15 Dec 23 |
Ex dividend date | 09 Nov 23 |
Dividend per share | n/a |
Earnings per share | AU$0.31 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WAT's dividend payments have been volatile in the past 10 years.
Growing Dividend: WAT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Waterco Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (WAT) | 2.4% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.6% |
Industry Average (Leisure) | 2.5% |
Analyst forecast in 3 Years (WAT) | n/a |
Notable Dividend: WAT's dividend (2.39%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.82%).
High Dividend: WAT's dividend (2.39%) is low compared to the top 25% of dividend payers in the Australian market (6.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), WAT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.9%), WAT's dividend payments are well covered by cash flows.