Concentric Dividends and Buybacks
Dividend criteria checks 4/6
Concentric is a dividend paying company with a current yield of 1.86% that is well covered by earnings.
Key information
1.9%
Dividend yield
1.7%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | -4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €4.250 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2DN's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2DN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Concentric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2DN) | 1.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.5% |
| Analyst forecast (2DN) (up to 3 years) | 2.1% |
Notable Dividend: 2DN's dividend (1.86%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: 2DN's dividend (1.86%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), 2DN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.2%), 2DN's dividend payments are well covered by cash flows.