Australian Clinical Labs Dividend
Dividend criteria checks 1/6
Australian Clinical Labs is a dividend paying company with a current yield of 2.62%.
Key information
2.6%
Dividend yield
130%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.077 |
Dividend yield forecast in 3Y | 5.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ACL has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Australian Clinical Labs Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ACL) | 2.6% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.4% |
Industry Average (Healthcare) | 2.7% |
Analyst forecast in 3 Years (ACL) | 5.7% |
Notable Dividend: ACL's dividend (2.62%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.68%).
High Dividend: ACL's dividend (2.62%) is low compared to the top 25% of dividend payers in the Australian market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.9%), ACL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), ACL's dividend payments are thoroughly covered by cash flows.