ASX Dividends and Buybacks
Dividend criteria checks 3/6
ASX is a dividend paying company with a current yield of 3.06% that is well covered by earnings.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$2.080 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASX's dividend payments have been volatile in the past 10 years.
Growing Dividend: ASX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ASX Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASX) | 3.1% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Capital Markets) | 3.0% |
| Analyst forecast (ASX) (up to 3 years) | 3.4% |
Notable Dividend: ASX's dividend (3.06%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: ASX's dividend (3.06%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85%), ASX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (117.7%), ASX's dividend payments are not well covered by cash flows.