Compania de Electricidad de Tulua E.S.P Dividend
Dividend criteria checks 3/6
Compania de Electricidad de Tulua E.S.P is a dividend paying company with a current yield of 12.21% that is well covered by earnings. Next payment date is on 18th September, 2024 with an ex-dividend date of 12th September, 2024.
Key information
12.2%
Dividend yield
69%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | 18 Sep 24 |
| Ex dividend date | 12 Sep 24 |
| Dividend per share | n/a |
| Earnings per share | Col$88.37k |
| 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: ELECTULUA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELECTULUA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Compania de Electricidad de Tulua E.S.P Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELECTULUA) | 12.2% |
| Market Bottom 25% (CO) | 3.9% |
| Market Top 25% (CO) | 12.2% |
| Industry Average (Electric Utilities) | 5.8% |
| Analyst forecast in 3 Years (ELECTULUA) | n/a |
Notable Dividend: ELECTULUA's dividend (12.21%) is higher than the bottom 25% of dividend payers in the CO market (3.9%).
High Dividend: ELECTULUA's dividend (12.21%) 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 (69.1%), ELECTULUA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.9%), ELECTULUA's dividend payments are covered by cash flows.