Essbio Dividend
Dividend criteria checks 4/6
Essbio is a dividend paying company with a current yield of 6.23% that is well covered by earnings.
Key information
6.2%
Dividend yield
41%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CL$0.915 |
| Earnings per share | CL$1.13 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ESSBIO-A's dividend payments have been volatile in the past 10 years.
Growing Dividend: ESSBIO-A's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Essbio Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ESSBIO-A) | 6.2% |
| Market Bottom 25% (CL) | 3.4% |
| Market Top 25% (CL) | 9.2% |
| Industry Average (Water Utilities) | 3.4% |
| Analyst forecast (ESSBIO-A) (up to 3 years) | n/a |
Notable Dividend: ESSBIO-A's dividend (6.23%) is higher than the bottom 25% of dividend payers in the CL market (3.37%).
High Dividend: ESSBIO-A's dividend (6.23%) is low compared to the top 25% of dividend payers in the CL market (9.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), ESSBIO-A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.8%), ESSBIO-A's dividend payments are covered by cash flows.