Cryosite Dividend
Dividend criteria checks 2/6
Cryosite is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
46%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.032 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability 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 fallen over the past 10 years.
Dividend Yield vs Market
Cryosite Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CTE) | 1.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Life Sciences) | 0.5% |
Analyst forecast in 3 Years (CTE) | n/a |
Notable Dividend: CTE's dividend (1.76%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CTE's dividend (1.76%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.5%), CTE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39%), CTE's dividend payments are well covered by cash flows.