Autosports Group Dividend
Dividend criteria checks 3/6
Autosports Group is a dividend paying company with a current yield of 7.69% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
7.7%
Dividend yield
61%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | AU$0.33 |
| Dividend yield forecast in 3Y | 7.0% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ASG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Autosports Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASG) | 7.7% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Specialty Retail) | 4.9% |
| Analyst forecast in 3 Years (ASG) | 7.0% |
Notable Dividend: ASG's dividend (7.69%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: ASG's dividend (7.69%) is in the top 25% of dividend payers in the Australian market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), ASG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (123.4%), ASG's dividend payments are not well covered by cash flows.