K-Bro Linen Dividends and Buybacks
Dividend criteria checks 5/6
K-Bro Linen is a dividend paying company with a current yield of 3.12% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
3.1%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 3.3% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$1.200 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10
Dec 20
K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Aug 22K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Jul 22K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Jun 22K-Bro Linen Inc. Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next
May 09K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Apr 19K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Mar 21K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Feb 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Nov 15K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10
Oct 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Aug 27K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Aug 13K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10
Jun 20K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10
Apr 20K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Mar 20K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10
Jan 20K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Dec 19K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10
Nov 17K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10
Oct 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KBL's dividends per share have been stable in the past 10 years.
Growing Dividend: KBL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| K-Bro Linen Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KBL) | 3.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Commercial Services) | 0.7% |
| Analyst forecast (KBL) (up to 3 years) | 3.1% |
Notable Dividend: KBL's dividend (3.12%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: KBL's dividend (3.12%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), KBL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), KBL's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 05:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
K-Bro Linen Inc. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Kyle McPhee | Cormark Securities Inc. |
| Douglas Loe | Echelon Wealth Partners Inc. |