Grupo Argos Dividends and Buybacks
Dividend criteria checks 3/6
Grupo Argos is a dividend paying company with a current yield of 3.24%. Next payment date is on 10th January, 2025 with an ex-dividend date of 6th January, 2025.
Key information
3.2%
Dividend yield
3.2%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | 13.7% |
| Next dividend pay date | 10 Jan 25 |
| Ex dividend date | 06 Jan 25 |
| Dividend per share | Col$636.000 |
| Payout ratio | -120% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRUPOARGOS's dividends per share have been stable in the past 10 years.
Growing Dividend: GRUPOARGOS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Grupo Argos Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRUPOARGOS) | 3.2% |
| Market Bottom 25% (CO) | 4.7% |
| Market Top 25% (CO) | 12.1% |
| Industry Average (Basic Materials) | 2.5% |
| Analyst forecast (GRUPOARGOS) (up to 3 years) | 3.7% |
Notable Dividend: GRUPOARGOS's dividend (3.24%) isn’t notable compared to the bottom 25% of dividend payers in the CO market (4.72%).
High Dividend: GRUPOARGOS's dividend (3.24%) is low compared to the top 25% of dividend payers in the CO market (12.13%).
Earnings Payout to Shareholders
Earnings Coverage: GRUPOARGOS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.7%), GRUPOARGOS's dividend payments are well covered by cash flows.