Cryosite Dividends and Buybacks
Dividend criteria checks 3/6
Cryosite is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
5.7%
Buyback Yield
| Total Shareholder Yield | 8.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.020 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Cryosite (ASX:CTE) Is Due To Pay A Dividend Of A$0.02
Aug 22
With A 31% Price Drop For Cryosite Limited (ASX:CTE) You'll Still Get What You Pay For
Aug 20Calculating The Intrinsic Value Of Cryosite Limited (ASX:CTE)
Jul 23Cryosite Limited's (ASX:CTE) 33% Jump Shows Its Popularity With Investors
May 09Subdued Growth No Barrier To Cryosite Limited's (ASX:CTE) Price
Feb 02Do Cryosite's (ASX:CTE) Earnings Warrant Your Attention?
Feb 07Should You Be Adding Cryosite (ASX:CTE) To Your Watchlist Today?
Aug 19Do Cryosite's (ASX:CTE) Earnings Warrant Your Attention?
May 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTE's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cryosite Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTE) | 2.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Life Sciences) | 0.6% |
| Analyst forecast (CTE) (up to 3 years) | n/a |
Notable Dividend: CTE's dividend (2.34%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CTE's dividend (2.34%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), CTE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.6%), CTE's dividend payments are well covered by cash flows.