Qualitas Dividends and Buybacks
Dividend criteria checks 3/6
Qualitas is a dividend paying company with a current yield of 3.02% that is well covered by earnings.
Key information
3.0%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 28.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.080 |
| Payout ratio | 89% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, QAL has been paying a dividend for less than 10 years.
Growing Dividend: QAL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Qualitas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QAL) | 3.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Capital Markets) | 3.0% |
| Analyst forecast (QAL) (up to 3 years) | 3.4% |
Notable Dividend: QAL's dividend (3.02%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: QAL's dividend (3.02%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.9%), QAL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), QAL's dividend payments are well covered by cash flows.