Beacon Lighting Group Dividend
Dividend criteria checks 4/6
Beacon Lighting Group is a dividend paying company with a current yield of 2.89% that is well covered by earnings.
Key information
2.9%
Dividend yield
59%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.14 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BLX's dividend payments have been volatile in the past 10 years.
Growing Dividend: BLX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Beacon Lighting Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BLX) | 2.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.2% |
Industry Average (Specialty Retail) | 4.7% |
Analyst forecast in 3 Years (BLX) | 3.5% |
Notable Dividend: BLX's dividend (2.89%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: BLX's dividend (2.89%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.4%), BLX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.3%), BLX's dividend payments are well covered by cash flows.