Enka de Colombia Dividend
Dividend criteria checks 3/6
Enka de Colombia is a dividend paying company with a current yield of 6.59% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
6.6%
Dividend yield
70%
Payout ratio
| Industry average yield | 11.3% |
| Next dividend pay date | 05 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | Col$1.71 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ENKA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ENKA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Enka de Colombia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ENKA) | 6.6% |
| Market Bottom 25% (CO) | 3.9% |
| Market Top 25% (CO) | 12.2% |
| Industry Average (Chemicals) | 11.3% |
| Analyst forecast in 3 Years (ENKA) | n/a |
Notable Dividend: ENKA's dividend (6.59%) is higher than the bottom 25% of dividend payers in the CO market (3.9%).
High Dividend: ENKA's dividend (6.59%) is low compared to the top 25% of dividend payers in the CO market (12.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.3%), ENKA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), ENKA's dividend payments are thoroughly covered by cash flows.