Cogeco Dividend
Dividend criteria checks 6/6
Cogeco is a dividend paying company with a current yield of 6.66% that is well covered by earnings.
Key information
6.7%
Dividend yield
85%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$5.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CGO's dividends per share have been stable in the past 10 years.
Growing Dividend: CGO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cogeco Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CGO) | 6.7% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Telecom) | 7.6% |
Analyst forecast in 3 Years (CGO) | n/a |
Notable Dividend: CGO's dividend (6.66%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: CGO's dividend (6.66%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.6%), CGO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), CGO's dividend payments are thoroughly covered by cash flows.