QV Equities is a dividend paying company with a current yield of 5.36%. Next payment date is on 31st May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
5.4%
Dividend yield
131%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
31 May 24
Ex dividend date
14 May 24
Dividend per share
n/a
Earnings per share
AU$0.04
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, QVE has been paying a dividend for less than 10 years.
Growing Dividend: QVE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
QV Equities Dividend Yield vs Market
How does QVE dividend yield compare to the market?
Segment
Dividend Yield
Company (QVE)
5.4%
Market Bottom 25% (AU)
2.6%
Market Top 25% (AU)
6.3%
Industry Average (Capital Markets)
3.9%
Analyst forecast in 3 Years (QVE)
n/a
Notable Dividend: QVE's dividend (5.36%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: QVE's dividend (5.36%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (131.4%), QVE's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (348.9%), QVE's dividend payments are not well covered by cash flows.