WCM Global Growth is a dividend paying company with a current yield of 3.41% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 13th June, 2024.
Key information
3.4%
Dividend yield
23%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
28 Jun 24
Ex dividend date
13 Jun 24
Dividend per share
n/a
Earnings per share
AU$0.23
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: WQG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WQG's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
WCM Global Growth Dividend Yield vs Market
How does WQG dividend yield compare to the market?
Segment
Dividend Yield
Company (WQG)
3.4%
Market Bottom 25% (AU)
2.7%
Market Top 25% (AU)
6.4%
Industry Average (Capital Markets)
3.6%
Analyst forecast in 3 Years (WQG)
n/a
Notable Dividend: WQG's dividend (3.41%) is higher than the bottom 25% of dividend payers in the Australian market (2.68%).
High Dividend: WQG's dividend (3.41%) is low compared to the top 25% of dividend payers in the Australian market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), WQG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.4%), WQG's dividend payments are covered by cash flows.