Empresa Eléctrica de Magallanes Dividend
Dividend criteria checks 2/6
Empresa Eléctrica de Magallanes is a dividend paying company with a current yield of 5.41% that is well covered by earnings. Next payment date is on 7th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
5.4%
Dividend yield
46%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 07 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | CL$685.31 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Why Empresa Eléctrica de Magallanes' (SNSE:EDELMAG) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 09
The Returns At Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Aren't Growing
May 20Is Empresa Eléctrica de Magallanes (SNSE:EDELMAG) A Risky Investment?
Apr 29Here's How We Evaluate Empresa Eléctrica de Magallanes S.A.'s (SNSE:EDELMAG) Dividend
Mar 17Shareholders Of Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Must Be Happy With Their 78% Return
Feb 27The Returns At Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Provide Us With Signs Of What's To Come
Feb 09
Empresa Eléctrica de Magallanes (SNSE:EDELMAG) Seems To Use Debt Rather Sparingly
Jan 22Can Empresa Eléctrica de Magallanes S.A.'s (SNSE:EDELMAG) Decent Financials Help Push Its Stock Prices Higher?
Jan 04Key Things To Consider Before Buying Empresa Eléctrica de Magallanes S.A. (SNSE:EDELMAG) For Its Dividend
Dec 16Empresa Eléctrica de Magallanes S.A. (SNSE:EDELMAG) Is About To Go Ex-Dividend, And It Pays A 6.1% Yield
Nov 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EDELMAG's dividend payments have been volatile in the past 10 years.
Growing Dividend: EDELMAG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Empresa Eléctrica de Magallanes Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EDELMAG) | 5.4% |
| Market Bottom 25% (CL) | 3.5% |
| Market Top 25% (CL) | 12.1% |
| Industry Average (Electric Utilities) | 4.9% |
| Analyst forecast in 3 Years (EDELMAG) | n/a |
Notable Dividend: EDELMAG's dividend (5.41%) is higher than the bottom 25% of dividend payers in the CL market (3.48%).
High Dividend: EDELMAG's dividend (5.41%) is low compared to the top 25% of dividend payers in the CL market (12.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), EDELMAG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EDELMAG is paying a dividend but the company has no free cash flows.