United Corporations Dividend
Dividend criteria checks 2/6
Uniteds is a dividend paying company with a current yield of 1.03% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
1.0%
Dividend yield
4%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | CA$28.13 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNC's dividend payments have been volatile in the past 10 years.
Growing Dividend: UNC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
United Corporations Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (UNC) | 1.0% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (UNC) | n/a |
Notable Dividend: UNC's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: UNC's dividend (1.03%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.4%), UNC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), UNC's dividend payments are well covered by cash flows.