Avax Dividend
Dividend criteria checks 2/6
Avax is a dividend paying company with a current yield of 4.72% that is well covered by earnings. Next payment date is on 2nd August, 2024 with an ex-dividend date of 29th July, 2024.
Key information
4.7%
Dividend yield
28%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 02 Aug 24 |
| Ex dividend date | 29 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | €0.24 |
| 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 IJ6's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if IJ6's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Avax Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IJ6) | 4.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Construction) | 3.9% |
| Analyst forecast in 3 Years (IJ6) | n/a |
Notable Dividend: IJ6's dividend (4.72%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: IJ6's dividend (4.72%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), IJ6's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate IJ6's cash payout ratio to determine if its dividend payments are covered by cash flows.