Cryosite Dividend
Dividend criteria checks 0/6
Cryosite Limited is a dividend paying company with a current yield of 1.3% that is well covered by earnings.
Key information
1.3%
Dividend yield
36%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.01 |
| Earnings per share | AU$0.028 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/9/2023 | 0.01 | 1.3% |
| 8/27/2022 | 0.01 | 1.4% |
| 8/29/2018 | - | 0% |
| 2/28/2018 | - | 0% |
| 8/23/2017 | - | 0% |
| 2/22/2017 | 0.01 | 5.5% |
| 8/24/2016 | 0.01 | 5.2% |
| 2/23/2016 | 0.01 | 5.2% |
| 8/26/2015 | 0.01 | 4% |
| 8/27/2014 | 0.015 | 4.1% |
| 9/2/2013 | 0.02 | 4.2% |
| 2/26/2013 | 0.01 | 2% |
| 8/23/2012 | 0.01 | 2.8% |
| 4/23/2012 | 0.01 | 5.2% |
Stable Dividend: CTE is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: CTE is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Cryosite Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTE) | 1.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.7% |
| Industry Average (Life Sciences) | 0.4% |
| Analyst forecast in 3 Years (CTE) | n/a |
Notable Dividend: CTE's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.57%).
High Dividend: CTE's dividend (1.25%) is low compared to the top 25% of dividend payers in the Australian market (6.67%).
Earnings Payout to Shareholders
Earnings Coverage: CTE is not paying a notable dividend for the Australian market.
Cash Payout to Shareholders
Cash Flow Coverage: CTE is not paying a notable dividend for the Australian market.