Neo Performance Materials Dividend
Dividend criteria checks 3/6
Neo Performance Materials is a dividend paying company with a current yield of 6.75%.
Key information
6.7%
Dividend yield
-159%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -CA$0.20 |
| Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10
Dec 14
Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10
Nov 29Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10
Aug 25Recent updates
Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10
Dec 14Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10
Nov 29Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10
Aug 25Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10
Jun 15Neo Performance Materials (TSE:NEO) Is Paying Out A Dividend Of $0.10
May 20Neo Performance Materials (TSE:NEO) Is Paying Out A Dividend Of $0.10
Mar 09Returns On Capital Are Showing Encouraging Signs At Neo Performance Materials (TSE:NEO)
Feb 02At CA$10.72, Is It Time To Put Neo Performance Materials Inc. (TSE:NEO) On Your Watch List?
Dec 06Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10
Nov 17Is Neo Performance Materials (TSE:NEO) A Risky Investment?
Nov 13Neo Performance Materials (TSE:NEO) Is Due To Pay A Dividend Of $0.10
Sep 08With EPS Growth And More, Neo Performance Materials (TSE:NEO) Makes An Interesting Case
Sep 03Neo Performance Materials' (TSE:NEO) Returns On Capital Are Heading Higher
Aug 21Estimating The Fair Value Of Neo Performance Materials Inc. (TSE:NEO)
Mar 08Neo Performance Materials' (TSE:NEO) Earnings Are Weaker Than They Seem
Nov 17Neo Performance Materials (TSE:NEO) Shareholders Will Want The ROCE Trajectory To Continue
Oct 10Neo Performance Materials Inc. Just Recorded A 55% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 15Party Time: Brokers Just Made Major Increases To Their Neo Performance Materials Inc. (TSE:NEO) Earnings Forecasts
Mar 23Is It Too Late To Consider Buying Neo Performance Materials Inc. (TSE:NEO)?
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEO's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Neo Performance Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEO) | 6.7% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Chemicals) | 4.0% |
| Analyst forecast in 3 Years (NEO) | 6.8% |
Notable Dividend: NEO's dividend (6.75%) is higher than the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: NEO's dividend (6.75%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: NEO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.7%), NEO's dividend payments are covered by cash flows.