Grupo Argos is a dividend paying company with a current yield of 3.94% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
3.9%
Dividend yield
60%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
10 Jul 24
Ex dividend date
04 Jul 24
Dividend per share
n/a
Earnings per share
CL$1.06k
Dividend yield forecast in 3Y
3.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRPARGOSCL's dividends per share have been stable in the past 10 years.
Growing Dividend: GRPARGOSCL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grupo Argos Dividend Yield vs Market
How does GRPARGOSCL dividend yield compare to the market?
Segment
Dividend Yield
Company (GRPARGOSCL)
3.9%
Market Bottom 25% (CL)
3.5%
Market Top 25% (CL)
12.2%
Industry Average (Basic Materials)
3.9%
Analyst forecast in 3 Years (GRPARGOSCL)
3.7%
Notable Dividend: GRPARGOSCL's dividend (3.94%) is higher than the bottom 25% of dividend payers in the CL market (3.49%).
High Dividend: GRPARGOSCL's dividend (3.94%) is low compared to the top 25% of dividend payers in the CL market (12.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.3%), GRPARGOSCL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.2%), GRPARGOSCL's dividend payments are well covered by cash flows.