Diverger Dividend
Dividend criteria checks 2/6
Diverger is a dividend paying company with a current yield of 4.42%.
Key information
4.4%
Dividend yield
378%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.014 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DVR has been paying a dividend for less than 10 years.
Growing Dividend: DVR's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Diverger Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DVR) | 4.4% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Capital Markets) | 3.6% |
Analyst forecast in 3 Years (DVR) | 4.4% |
Notable Dividend: DVR's dividend (4.42%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: DVR's dividend (4.42%) is low compared to the top 25% of dividend payers in the Australian market (6.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (378.1%), DVR's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.8%), DVR's dividend payments are well covered by cash flows.