Australian Finance Group Dividend
Dividend criteria checks 3/6
Australian Finance Group is a dividend paying company with a current yield of 5.37% that is well covered by earnings.
Key information
5.4%
Dividend yield
73%
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$0.11 |
Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AFG's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Australian Finance Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AFG) | 5.4% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Diversified Financial) | 3.9% |
Analyst forecast in 3 Years (AFG) | 6.3% |
Notable Dividend: AFG's dividend (5.37%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: AFG's dividend (5.37%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.3%), AFG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.7%), AFG's dividend payments are covered by cash flows.