Qualitas Dividend
Dividend criteria checks 2/6
Qualitas is a dividend paying company with a current yield of 3.28%.
Key information
3.3%
Dividend yield
93%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.083 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend 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) | 3.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Capital Markets) | 3.9% |
| Analyst forecast in 3 Years (QAL) | 4.0% |
Notable Dividend: QAL's dividend (3.28%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: QAL's dividend (3.28%) is low compared to the top 25% of dividend payers in the Australian market (6.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93%), QAL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.6%), QAL's dividend payments are thoroughly covered by cash flows.