Contact Energy Dividends and Buybacks
Dividend criteria checks 3/6
Contact Energy is a dividend paying company with a current yield of 4.2%.
Key information
4.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.6% |
| Dividend Growth | -1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.370 |
| Payout ratio | 124% |
Recent dividend and buyback 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) | 4.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Electric Utilities) | 4.6% |
| Analyst forecast (CEN) (up to 3 years) | 4.6% |
Notable Dividend: CEN's dividend (4.2%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: CEN's dividend (4.2%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (124%), CEN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CEN's cash payout ratio to determine if its dividend payments are covered by cash flows.