NexgenRx Dividends and Buybacks
Dividend criteria checks 2/6
NexgenRx is a dividend paying company with a current yield of 3.39%.
Key information
3.4%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.010 |
| Payout ratio | -2,786% |
Recent dividend and buyback updates
Recent updates
Optimistic Investors Push NexgenRx Inc. (CVE:NXG) Shares Up 45% But Growth Is Lacking
May 21
We Discuss Why NexgenRx Inc.'s (CVE:NXG) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
May 10NexgenRx Inc.'s (CVE:NXG) Price Is Out Of Tune With Revenues
Mar 14Here's Why We Think NexgenRx (CVE:NXG) Might Deserve Your Attention Today
Mar 07Is Now The Time To Put NexgenRx (CVE:NXG) On Your Watchlist?
Oct 18Does NexgenRx (CVE:NXG) Deserve A Spot On Your Watchlist?
Nov 30What NexgenRx Inc.'s (CVE:NXG) 32% Share Price Gain Is Not Telling You
Aug 24Here's Why NexgenRx Inc.'s (CVE:NXG) CEO May Have Their Pay Bumped Up
Jun 03NexgenRx Inc.'s (CVE:NXG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 19
How Much Is NexgenRx's (CVE:NXG) CEO Getting Paid?
Dec 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NXG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NXG has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| NexgenRx Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXG) | 3.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (NXG) (up to 3 years) | n/a |
Notable Dividend: NXG's dividend (3.39%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: NXG's dividend (3.39%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: NXG is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41%), NXG's dividend payments are well covered by cash flows.