Azelis Group Dividends and Buybacks
Dividend criteria checks 2/6
Azelis Group is a dividend paying company with a current yield of 1.18% that is well covered by earnings. Next payment date is on 2nd July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
1.2%
Dividend yield
-4.3%
Buyback Yield
| Total Shareholder Yield | -3.2% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | n/a |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | €0.220 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2R7 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2R7's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Azelis Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2R7) | 1.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (2R7) (up to 3 years) | 1.9% |
Notable Dividend: 2R7's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 2R7's dividend (1.18%) is low compared to the top 25% of dividend payers in the German market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 2R7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), 2R7's dividend payments are thoroughly covered by cash flows.