Acrow Dividend
Dividend criteria checks 3/6
Acrow is a dividend paying company with a current yield of 5.08% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
5.1%
Dividend yield
59%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | €0.086 |
Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 59Y has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 59Y's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Acrow Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (59Y) | 5.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Trade Distributors) | 2.1% |
Analyst forecast in 3 Years (59Y) | 5.5% |
Notable Dividend: 59Y's dividend (5.08%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 59Y's dividend (5.08%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.4%), 59Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 59Y is paying a dividend but the company has no free cash flows.