Caixa Seguridade Participações Dividend
Dividend criteria checks 2/6
Caixa Seguridade Participações is a dividend paying company with a current yield of 6.93% that is well covered by earnings. Next payment date is on 15th August, 2024 with an ex-dividend date of 2nd August, 2024.
Key information
6.9%
Dividend yield
87%
Payout ratio
| Industry average yield | 7.2% |
| Next dividend pay date | 15 Aug 24 |
| Ex dividend date | 02 Aug 24 |
| Dividend per share | R$1.000 |
| Earnings per share | R$1.21 |
| Dividend yield forecast in 3Y | 9.5% |
Recent dividend updates
Recent updates
Earnings Not Telling The Story For Caixa Seguridade Participações S.A. (BVMF:CXSE3)
Jul 03
What Caixa Seguridade Participações S.A.'s (BVMF:CXSE3) P/E Is Not Telling You
Jan 06Need To Know: The Consensus Just Cut Its Caixa Seguridade Participações S.A. (BVMF:CXSE3) Estimates For 2022
May 28Investors Appear Satisfied With Caixa Seguridade Participações S.A.'s (BVMF:CXSE3) Prospects
Feb 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CXSE3 has been paying a dividend for less than 10 years.
Growing Dividend: CXSE3's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Caixa Seguridade Participações Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CXSE3) | 6.9% |
| Market Bottom 25% (BR) | 2.5% |
| Market Top 25% (BR) | 8.7% |
| Industry Average (Insurance) | 7.2% |
| Analyst forecast in 3 Years (CXSE3) | 9.5% |
Notable Dividend: CXSE3's dividend (6.93%) is higher than the bottom 25% of dividend payers in the BR market (2.47%).
High Dividend: CXSE3's dividend (6.93%) is low compared to the top 25% of dividend payers in the BR market (8.67%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.9%), CXSE3's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100%), CXSE3's dividend payments are not well covered by cash flows.