Acorn Capital Investment Fund Dividend
Dividend criteria checks 2/6
Acorn Capital Investment Fund is a dividend paying company with a current yield of 6.4%. Next payment date is on 23rd May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
6.4%
Dividend yield
6,924%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 23 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | AU$0.001 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACQ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ACQ's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Acorn Capital Investment Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACQ) | 6.4% |
| Market Bottom 25% (AU) | 2.5% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Capital Markets) | 3.8% |
| Analyst forecast in 3 Years (ACQ) | n/a |
Notable Dividend: ACQ's dividend (6.4%) is higher than the bottom 25% of dividend payers in the Australian market (2.54%).
High Dividend: ACQ's dividend (6.4%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (6923.8%), ACQ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.5%), ACQ's dividend payments are not well covered by cash flows.