Contact Energy Dividend
Dividend criteria checks 3/6
Contact Energy is a dividend paying company with a current yield of 3.92%.
Key information
3.9%
Dividend yield
96%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.36 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CEN's dividends per share have been stable in the past 10 years.
Growing Dividend: CEN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Contact Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CEN) | 3.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Electric Utilities) | 4.8% |
Analyst forecast in 3 Years (CEN) | 4.6% |
Notable Dividend: CEN's dividend (3.92%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: CEN's dividend (3.92%) is low compared to the top 25% of dividend payers in the Australian market (6.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.9%), CEN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CEN is paying a dividend but the company has no free cash flows.