Chemtrade Logistics Income Fund Dividend
Dividend criteria checks 4/6
Chemtrade Logistics Income Fund is a dividend paying company with a current yield of 7.82% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
7.8%
Dividend yield
28%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CA$2.13 |
| Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
Recent updates
Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.055
Feb 24
Sentiment Still Eluding Chemtrade Logistics Income Fund (TSE:CHE.UN)
Jan 16Is Chemtrade Logistics Income Fund (TSE:CHE.UN) Potentially Undervalued?
Oct 11Robust Earnings May Not Tell The Whole Story For Chemtrade Logistics Income Fund (TSE:CHE.UN)
Mar 01Chemtrade Logistics Income Fund (TSE:CHE.UN) Will Pay A Dividend Of CA$0.05
Jan 27We Think Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Taking Some Risk With Its Debt
Jan 19Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.05
Dec 22Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Paying Out A Dividend Of CA$0.05
Oct 25An Intrinsic Calculation For Chemtrade Logistics Income Fund (TSE:CHE.UN) Suggests It's 48% Undervalued
Oct 12Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Affirmed Its Dividend Of CA$0.05
Aug 25News Flash: Analysts Just Made A Notable Upgrade To Their Chemtrade Logistics Income Fund (TSE:CHE.UN) Forecasts
Aug 12Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.05
Jun 25Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.05
May 24Is Chemtrade Logistics Income Fund (TSE:CHE.UN) Trading At A 25% Discount?
May 17Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Affirmed Its Dividend Of CA$0.05
Feb 21Chemtrade Logistics Income Fund (TSE:CHE.UN) Will Pay A Dividend Of CA$0.05
Dec 24Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.05
Oct 23Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Due To Pay A Dividend Of CA$0.05
Aug 26Chemtrade Logistics Income Fund's (TSE:CHE.UN) Dividend Will Be CA$0.05
Jul 25Chemtrade Logistics Income Fund (TSE:CHE.UN) Has Announced A Dividend Of CA$0.05
Jun 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHE.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: CHE.UN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Chemtrade Logistics Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CHE.UN) | 7.8% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Chemicals) | 4.0% |
| Analyst forecast in 3 Years (CHE.UN) | 7.8% |
Notable Dividend: CHE.UN's dividend (7.82%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: CHE.UN's dividend (7.82%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), CHE.UN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.9%), CHE.UN's dividend payments are well covered by cash flows.