Ophir Asset Management Pty Ltd - Ophir High Conviction Fund
CHIA:OPH Stock Report
Market Cap: AU$581.0m
Ophir Asset Management - Ophir High Conviction Fund Dividend
Dividend criteria checks 2/6
Ophir Asset Management - Ophir High Conviction Fund is a dividend paying company with a current yield of 4.27% that is well covered by earnings. Next payment date is on 20th August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
4.3%
Dividend yield
44%
Payout ratio
Industry average yield
3.5%
Next dividend pay date
20 Aug 24
Ex dividend date
28 Jun 24
Dividend per share
n/a
Earnings per share
AU$0.25
Dividend yield forecast in 3Y
n/a
Recent dividend updates
No updates
Recent updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OPH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OPH has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Ophir Asset Management - Ophir High Conviction Fund Dividend Yield vs Market
How does OPH dividend yield compare to the market?
Segment
Dividend Yield
Company (OPH)
4.3%
Market Bottom 25% (AU)
2.7%
Market Top 25% (AU)
6.5%
Industry Average (Capital Markets)
3.5%
Analyst forecast in 3 Years (OPH)
n/a
Notable Dividend: OPH's dividend (4.27%) is higher than the bottom 25% of dividend payers in the Australian market (2.7%).
High Dividend: OPH's dividend (4.27%) is low compared to the top 25% of dividend payers in the Australian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.2%), OPH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OPH is paying a dividend but the company has no free cash flows.